Truist Securities lowered its price target on Chevron Corp (NYSE:CVX) to $160 from $164 on weaker-than-expected free cash flow and potential headwinds in the company's downstream segment.
Oil prices rebound on fears of potential supply disruptions as Trump prepares to impose sanctions on Iran, leading energy stocks to outperform.
Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...
However, compared to ExxonMobil’s 8.3% annual free cash flow decrease, Chevron performed better at a 7.3% drop. Nonetheless, ...
Chevron and Exxon Mobil saw earnings decrease during the fourth quarter, despite hitting record oil and gas production in ...
Last year was one for the record books for Chevron ( CVX -0.15%). The energy giant increased its global production by 7% and ...
Chevron Corp.'s stock fell 3.9% 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 ...
The company’s downstream business reported a $348 million loss in the fourth quarter of 2024, compared to a $470 million ...
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 shares suffered last year after its $53 billion deal to buy Hess Corp. stalled due to an arbitration case launched by ...
Chevron Corporation's fourth-quarter earnings for 2024 showed improvement at $3.2 billion, or $1.84 per diluted share, ...
Reports Q4 revenue $52.23B, consensus $48.41B. “In 2024, we delivered record production, returned record cash to shareholders and started up ...