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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 downtrend in refining margins is set to continue this year.
Chevron lifts dividend after profit disappoints on oil slump
Chevron Corp. raised dividends by 5% even as profit underperformed expectations amid shrinking crude prices and fuel-making margins. Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials Adjusted fourth-quarter earnings were $2.
Chevron slips after reporting first quarterly refining loss in four years
Chevron missed Q4 earnings expectations and reports first quarterly loss in refining business since 2020, but raises dividend.
Chevron logs its first refining loss in four years, sending stock lower
Chevron touted “record production” as well as stock buybacks and announced an increase in its quarterly dividend.
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. The second-largest U.S. oil producer posted total earnings of $3.
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
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 ...
10m
Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order
Chevron previously used "Gulf of Mexico" to refer to that body of water, which stretches from Texas to Florida on the ...
1h
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 ...
3h
Chevron to lobby White House to keep Venezuelan oil licence
Chief warns country could be vulnerable to Chinese, Russian influence if it is forced to abandon operations there ...
3h
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 to build gas plants to power data centers amid AI boom
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S ...
3h
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 ...
3h
Chevron reports Q4 adjusted EPS $2.06, consensus $2.11
Reports Q4 revenue $52.23B, consensus $48.41B. “In 2024, we delivered record production, returned record cash to shareholders and started up ...
33m
on MSN
These Stocks Are Moving the Most Today: Apple, Intel, Chevron, Walgreens, Visa, Deckers, Atlassian, AbbVie, and More
Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, while Intel’s ...
3h
Chevron's Fourth-Quarter Profit Misses Expectations
Chevron posted fourth-quarter profits that fell short of Wall Street's estimates, but the energy giant's revenue surpassed expectations.
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