Chevron logs its first refining loss in four years, sending stock lower
Chevron Corp.’s stock fell 2% early Friday, after the oil company’s downstream-refining business delivered its first loss in four years, hurt by lower margins on oil sales. The company also missed profit estimates for the fourth quarter,
Chevron Posts First Refining Loss in Four Years, Shares Drop
Chevron Corp. ( CVX, Financials) reported its first refining loss in four years as part of its fourth-quarter earnings, leading to a 3.7% drop in its stock price to $150.54 as of 12:00 p.m. ET Friday trading.
Chevron's Refining Business Marks 1st Loss in 4 Years
Chevron (CVX) stock is down in premarket trading after its refining business marked its first loss in four years
Chevron misses earnings estimate as refining posts first loss in four years
Chevron Corp reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining business into a loss for the first time since 2020.
Here's How to Play the Chevron Stock Going Into Q4 Earnings
As CVX gears up to report fourth-quarter earnings on Jan. 31, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.
Chevron (CVX) Q4 Earnings Lag Estimates
Chevron (CVX) came out with quarterly earnings of $2.06 per share, missing the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $3.45 per share a year ago. These figures are adjusted for non-recurring items.
Chevron profit disappoints as refining posts first loss in four years
Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business into a loss for the first time since 2020. CEO Mike Wirth told Reuters the post-pandemic surge in fuel margins had run its course,
Chevron Earnings Miss Expectations. Why Results Won’t Answer All of Investors’ Questions.
Chevron reported fourth-quarter earnings that missed analysts’ expectations. The stock fell in premarket trading. The oil ...
Chevron Raises Quarterly Dividend by 4.9% to $1.71
Chevron's board has raised the energy giant's quarterly dividend by 4.9%, to $1.71 from $1.63. The new payout, equal to $6.84 a year, represents an annual yield of about 4.38% based on Thursday's ...
Chevron raises quarterly dividend 5% to $1.71 per share
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 ...
Oil producer Chevron uses term 'Gulf of America' after Trump renaming order
U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on ...
Chevron Q4 Revenue Blows Past Estimates But Profit Falls Short
Chevron stock slipped in premarket trading Friday after the energy giant's fourth-quarter profit came up short of analysts' expectations.
Chevron's Profit Engine Remains Strong, But I Have Concerns
Chevron's solid financial foundation and strategic investments in low-carbon technologies make it a compelling long-term ...
Chevron Corp. stock rises Monday, outperforms market
The stock's rise snapped a four-day losing streak.
Investor's Business Daily on MSN4h
Exxon Mobil, Chevron Earnings Are On Deck And One Has This 'Overhang' Weighing On It
Chevron and Exxon Mobil report fourth-quarter earnings early Friday, as both U.S. supermajors face expectations for another big quarterly profit dip compared to a year ago. Ahead of Friday's quarterly ...