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 profit disappoints as refining division reports losses
This story incorporates reporting from worldenergynews.com, SchaeffersResearch.com and MSN.Chevron announced financial results revealing its refining division experienced its first quarterly loss in four years.
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's Refining Business Marks 1st Loss in 4 Years
Chevron (CVX) stock is down in premarket trading after its refining business marked its first loss in four years
Chevron’s Q4 Earnings Miss Forecast as Refining Swings to Loss
Chevron reported lower-than-expected fourth-quarter earnings due to a loss in its refining division, despite strong upstream production.
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 post-pandemic surge in fuel margins had run its course,
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 targets $10B annual free cash flow growth by 2026, driven by Permian and Gulf of America projects
Q4 2024 Management View CEO Mike Wirth highlighted record global and U.S. production levels for 2024, with Permian production ...
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 ...
Chevron Sees Permian Basin Oil Growth Reaching 10% This Year
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
Chevron Corporation (CVX) Q4 2024 Earnings Conference Call Transcript
Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ETCompany ParticipantsJake Spiering - Head, IRMike Wirth ...
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 ...
Chevron Starts Using ‘Gulf of America’ in Nod to Trump
Chevron Corp. has begun using “Gulf of America” instead of “Gulf of Mexico” to describe the location of some of its largest ...
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Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom
Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
Chevron's Free Cash Flow Outlook Tops Estimates—Goldman Sachs Sees Upside
Goldman Sachs analyst Neil Mehta expressed views on the oil giant Chevron Corp‘s (NYSE:CVX) fourth-quarter earnings reported today. Mehta is Buy-rated on CVX, with a price forecast of $182. The ...