|Bid||117.08 x 800|
|Ask||117.93 x 1100|
|Day's range||116.96 - 117.82|
|52-week range||100.22 - 127.60|
|Beta (3Y monthly)||0.82|
|PE ratio (TTM)||15.19|
|Forward dividend & yield||4.76 (4.11%)|
|1y target est||N/A|
SAN RAMON, Calif.-- -- Upstream volumes up 9 percent from prior year; includes Permian unconventional production of 421,000 barrels per day Second quarter cash flow from operations of $8.8 billion Share repurchases of $1.0 billion in second quarter Chevron Corporation today reported earnings of $4.3 billion for second quarter 2019, compared with $3.4 billion in the second quarter of 2018. Included ...
The Board of Directors of Chevron Corporation declared a quarterly dividend of one dollar and nineteen cents per share, payable September 10, 2019, to all holders of common stock as shown on the transfer records of the Corporation at the close of business August 19, 2019.
A group of Ecuadorian plaintiffs whose litigation against Chevron Corporation (CVX) has been exposed as a fraud and bribery scheme by courts in the United States and elsewhere has ended its Canadian lawsuit against the company. Following dismissals of their claims in Argentina and Brazil, findings against them in the United States and Gibraltar, and a ruling in The Hague that the Republic of Ecuador’s failure to prevent the continuation of the fraudulent litigation scheme violated international law, the plaintiffs ended their only remaining lawsuit by dismissing the Canadian case. The plaintiffs further agreed to pay costs to Chevron.
Chevron Corporation , one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, August 2, 2019 at 11:00 a.m. ET .
Chevron Corporation (CVX) today named David Inchausti as corporate vice president and comptroller effective June 16, 2019. Inchausti succeeds Jeanette Ourada, who has elected to leave the company. In his new role, Inchausti will lead Chevron’s accounting, financial reporting and analysis, internal controls and Finance Shared Services organizations.
Chevron Corporation (CVX) today provided an overview of the company’s 2018 operational performance and its future prospects at its 2019 Annual Meeting of Stockholders at its corporate headquarters in San Ramon, California. In the first quarter of this year, Chevron’s oil-equivalent production of 3.04 million barrels per day was up almost seven percent from a year ago. Chevron expects to increase oil and natural gas production by 4 to 7 percent in 2019, excluding the effects of asset sales.
Chevron Corporation (CVX) announced today that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation (APC), it will not make a counterproposal and will allow the four-day match period to expire. Accordingly, Chevron anticipates that Anadarko will terminate the Merger Agreement. Cost and capital discipline always matter, and we will not dilute our returns or erode value for our shareholders for the sake of doing a deal,” said Chevron’s Chairman and CEO Michael Wirth.
Chevron U.S.A. Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (CVX), today announced that it has completed the acquisition from Petrobras America Inc. of all the outstanding shares and equity interests of Pasadena Refining System, Inc. (PRSI) and PRSI Trading LLC for $350 million, excluding working capital. “This acquisition builds on the strength of our existing Gulf Coast business, enabling us to supply more of our retail market in the region with Chevron-produced products, and positions us for connectivity to our strong upstream assets in the Permian Basin,” said Mark Nelson, Chevron’s executive vice president for Downstream & Chemicals. The Pasadena refinery has the capacity to process approximately 110,000 barrels per day of light crude, direct pipeline connections to increasing industry and equity crude oil production, connections to major product pipelines, and dock access to receive and ship crude oil and refined products.
SAN RAMON, Calif.-- -- Upstream volumes up 7 percent from prior year Enters agreement to acquire Anadarko Petroleum Corporation Chevron Corporation today reported earnings of $2.6 billion for first quarter 2019, compared with $3.6 billion in the first quarter of 2018. Foreign currency effects decreased earnings in the 2019 first quarter by $137 million. Sales and other operating revenues in first quarter ...
The Supreme Court of the Netherlands has ruled in favor of Chevron Corporation, rejecting the Republic of Ecuador’s attempts to annul decisions of an international arbitral tribunal in The Hague that ordered Ecuador to take all steps necessary to prevent enforcement of a $9.5 billion Ecuadorian judgment against Chevron anywhere in the world. The Ecuadorian judgment previously was found by the international arbitral tribunal and by U.S. courts to have been obtained through fraud, bribery and corruption. The arbitral tribunal, administered by the Permanent Court of Arbitration in The Hague, issued interim and partial awards in favor of Chevron in 2012 and 2013 in proceedings brought by Chevron to hold the Republic of Ecuador accountable for the fraudulent and corrupt litigation against the company in that country.
Chevron Corporation (CVX) announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation (APC) to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. Based on Chevron’s closing price on April 11, 2019 and under the terms of the agreement, Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share. The total enterprise value of the transaction is $50 billion.
The Supreme Court of Canada has rejected a request to review a decision of the Court of Appeal for Ontario that a $9.5 billion Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary. The Court of Appeal for Ontario’s decision, which is now final, dismissed all claims against Chevron Canada Limited, holding that it is a separate entity from Chevron Corporation and that its shares and assets cannot be seized by those seeking to enforce the corrupt Ecuadorian judgment.
Chevron Corporation , one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, April 26, 2019 at 11:00 a.m. ET .
At its annual Security Analyst Meeting today, Chevron Corporation (CVX) announced expectations for significant cash flow growth, disciplined spending, and expanding production over the next five years. “Chevron is in an exceptional position to deliver industry-leading value to shareholders,” said Michael Wirth, Chevron’s chairman and chief executive officer.
Chevron Corporation (CVX) today announced a $5 million grant to Catalyst, a global nonprofit advancing workplace gender equality, in support of expanding the organization’s Men Advocating Real Change (MARC) program, which Chevron adopted in 2016. “We are expanding our partnership with Catalyst to support an initiative that is helping Chevron create a more gender-inclusive workplace, and that we believe can benefit other companies around the world,” said Michael Wirth, Chevron’s chairman and chief executive officer and chair of the 2019 Catalyst Awards Dinner. Companies like Chevron and leaders like Mike Wirth, who make diversity and inclusion a business imperative and take real, tangible action, are leading by example,” said Lorraine Hariton, President & CEO of Catalyst.
Chevron Corporation , one of the world’s leading energy companies, will hold its security analyst meeting on Tuesday, March 5, 2019 in New York City from 8:00 a.m. to 9:30 a.m.
Chevron U.S.A. Inc, a wholly owned subsidiary of Chevron Corp, announced the signing of a sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea from Chevron’s global supply portfolio. As a joint venture between Chevron and GS Energy, GS Caltex has signed a long-term agreement and will begin receiving LNG in October 2019. Chevron’s President of Global Gas, Hugh Connett stated the agreement is another indication of the significance of the long-standing relationship between Chevron and GS Caltex.
Chevron Corporation (CVX) today published an update to its March 2018 report describing the company’s approach to managing climate change risks and its resilience under a low carbon scenario. The update supplements Climate Change Resilience: A Framework for Decision Making with new information on the company’s governance framework and climate change related actions and investments. “This update highlights work we are doing to address climate change risks to our business and new opportunities we’re pursuing.
Chevron Corporation (CVX) today named Pierre Breber vice president and chief financial officer, effective April 1, 2019. Breber replaces Patricia Yarrington who has elected to retire after 38 years of extraordinary service with the company. In related moves, Mark Nelson, currently vice president Midstream, Strategy & Planning, will succeed Breber as executive vice president of Downstream and Chemicals.
SAN RAMON, Calif.-- -- Record annual net oil-equivalent production of 2.93 million barrels per day, 7 percent higher than a year earlier; 4 to 7 percent growth targeted for 2019 Reserves replacement of 136 percent Dividend increase of $0.07 per share Share repurchases of $1.0 billion in fourth quarter Chevron Corporation today reported earnings of $3.7 billion for fourth quarter 2018, compared with ...
Chevron U.S.A. Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (CVX), today announced that it has signed a Share Purchase Agreement with Petrobras America Inc. (Petrobras) to acquire all the outstanding shares and equity interests of Pasadena Refining System, Inc., which includes the refinery in Texas, and PRSI Trading, LLC for $350 million, excluding working capital. “This expansion of our Gulf Coast refining system enables Chevron to process more domestic light crude, supply a portion of our retail market in Texas and Louisiana with Chevron-produced products, and realize synergies through coordination with our refinery in Pascagoula,” said Pierre Breber, Executive Vice President of Chevron Downstream & Chemicals.
The Board of Directors of Chevron Corporation (CVX) today declared a quarterly dividend of one dollar and nineteen cents ($1.19) per share, payable March 11, 2019, to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 15, 2019. This increase puts Chevron on track to make 2019 the 32nd consecutive year with an increase in annual dividend payout. This news release contains forward-looking statements relating to Chevron’s operations that are based on management’s current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries.
Chevron Corporation , one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, February 1, 2019 at 11:00 a.m. ET (8:00 a.m.