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Chevron profit disappoints
Chevron profit disappoints as refining division reports losses
This story incorporates reporting from worldenergynews.com, SchaeffersResearch.com and MSN.Chevron announced financial results revealing its refining division experienced its first quarterly loss in four years.
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’s Q4 Earnings Miss Forecast as Refining Swings to Loss
Chevron reported lower-than-expected fourth-quarter earnings due to a loss in its refining division, despite strong upstream production.
Chevron Corporation (CVX) Q4 2024 Earnings Conference Call Transcript
Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ETCompany ParticipantsJake Spiering - Head, IRMike Wirth
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.
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.
1h
on MSN
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6h
Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order
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8h
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 ...
4h
on MSN
Chevron Starts Using ‘Gulf of America’ in Nod to Trump
Chevron Corp. has begun using “Gulf of America” instead of “Gulf of Mexico” in its earnings materials after President Donald ...
6d
on MSN
Why Chevron Corporation (CVX) Is One of the Best Commodity Stocks to Invest in According to Hedge Funds?
We recently compiled a list of the 10 Best Commodity Stocks to Invest in According to Hedge Funds. In this article, we are ...
9h
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 ...
2d
Chevron Is Ready to Burn Gas to Power AI
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18m
Chevron, NVIDIA Corp. share losses lead Dow's nearly 375-point drop
Behind declines for shares of Chevron and NVIDIA Corp., the Dow Jones Industrial Average is down Friday afternoon.
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