|Bid||86.80 x 1200|
|Ask||86.96 x 900|
|Day's range||85.74 - 87.11|
|52-week range||51.60 - 125.27|
|Beta (5Y monthly)||1.26|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||5.16 (5.92%)|
|Ex-dividend date||18 Aug 2020|
|1y target est||N/A|
Chevron Corporation (NYSE: CVX) today reported a loss of $8.3 billion ($(4.44) per share - diluted) for second quarter 2020, compared with earnings of $4.3 billion ($2.27 per share - diluted) in second quarter 2019. Included in the current quarter were impairments and other net charges of $1.8 billion primarily associated with downward revisions to the company's commodity price outlook, severance accruals of $780 million, and a gain of $310 million on the sale of Azerbaijan assets. The company also fully impaired its $2.6 billion investment in Venezuela due to uncertainty associated with the current operating environment and overall outlook. Foreign currency effects decreased earnings by $437 million.
Argentina’s highest court unanimously rejected the plaintiffs’ final bid to enforce a fraudulent $9.5 billion Ecuadorian judgment against Chevron Corporation. This is the latest in a string of legal victories in Chevron’s global defense against the Ecuadorian judgment—found by U.S. courts to be the product of fraud, bribery, and corruption, and held unenforceable as a matter of international law by an international arbitral tribunal in The Hague.
The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and twenty-nine cents ($1.29) per share, payable September 10, 2020, to all holders of common stock as shown on the transfer records of the Corporation at the close of business August 19, 2020.