Stocks traded mostly lower on Friday after President Donald Trump followed through on his pledge to enact tariffs on Mexico and Canada, effective Feb. 1. The Dow Jones Industrial Average fell 0.7%, while the S&P 500 declined 0.
Chevron profit disappoints
Chevron previously used "Gulf of Mexico" to refer to that body of water, which stretches from Texas to Florida on the southeastern border of the U.S. Trump signed an executive order on Jan. 20 to rename the Gulf of Mexico as the Gulf of America.
The company’s Board of Directors declared a 5% increase in the quarterly dividend to $1.71 per share, payable March 10 to all holders of common
The value of Hess Corporation keeps increasing with rising Guyana production and the slow arbitration process. Read why HES stock is a Hold.
Per the Times, Chevron is already ordering equipment and pursuing potential locations for these power plants, which the company believes it can get up and operational in just three years. The plan, according to Chevron CEO Mike Wirth, is to “meet the moment and address this growing need for reliable and affordable power.”
We recently compiled a list of the 10 Best Commodity Stocks to Invest in According to Hedge Funds. In this article, we are going to take a look at where Chevron Corporation (NYSE:CVX) stands against other best commodity stocks to invest in according to hedge funds.
Revenue of $52.23B beat consensus of $46.75B. Production down in Q4, up 7% in 2024. Adjusted EPS of $2.06 misses consensus. Dividend increased by 5%.
Chevron is set to announce Q4 earnings on January 31st, with expectations of declining EPS due to falling energy prices. Read why I rate CVX stock as a hold.
Burgum's administration eagerly assisted the oil industry even as the governor was profiting from the lease of family land to oil companies.
The Exxon Mobil-controlled Canadian energy company on Friday posted a decline in net income to 1.23 billion Canadian dollars ($848.7 million), or C$2.37 a share, down from C$1.37 billion, or C$2.47 a share, in the comparable quarter a year ago.
Exxon and Chevron report Q4 earnings on Friday 31, before the bell. With oil prices flat at $70, see what's driving their modest 2% expected moves.