|Bid||116.59 x 1000|
|Ask||116.62 x 1200|
|Day's range||115.53 - 116.75|
|52-week range||100.22 - 127.34|
|Beta (3Y monthly)||0.84|
|PE ratio (TTM)||15.10|
|Forward dividend & yield||4.76 (4.14%)|
|1y target est||N/A|
Chevron Corporation (CVX) has established new goals to reduce net greenhouse gas (GHG) emission intensity from upstream oil and natural gas. Emission intensity is the emission rate of greenhouse gas per unit of energy produced. The company intends to lower upstream oil net GHG emission intensity by 5 - 10 percent and upstream natural gas net GHG emission intensity by 2 - 5 percent from 2016 to 2023.
Chevron Corporation , one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, November 1, 2019 at 11:00 a.m. ET (8:00 a.m.
In the aftermath of Tropical Storm Imelda, Chevron U.S.A. Inc. announced it will donate $500,000 to help support local public schools in select cities and neighborhoods of the Greater Houston area. The donation will be applied to help fund eligible classroom projects posted on DonorsChoose.org through Chevron’s Fuel Your School program. During this time of need, Chevron has made changes to the program to better serve this affected area.
Chevron Corporation (CVX) today announced the sanction of a waterflood project in the St. Malo field. This application of enabling technology is expected to increase recovery and advance Chevron’s strategy of maximizing the company’s existing resources in the Gulf of Mexico. “The St. Malo field is a world-class asset that is positioned for highly economic brownfield development,” said Steve Green, President of Chevron North America Exploration and Production.
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 Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and nineteen cents per share, payable June 10, 2019, to all holders of common stock as shown on the transfer records of the Corporation at the close of business May 17, 2019.
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.