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Chevron profit disappoints
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.
Chevron logs its first refining loss in four years, sending stock lower
Chevron Corp.’s stock fell 2% early 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 estimates for the fourth quarter,
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.
2d
on MSN
Chevron Earnings Miss Expectations, But Dividend Gets Sweeter
Chevron is pumping out more crude oil than ever, but turning that oil into fuel is getting less profitable. Chevron stock was ...
2d
Oil producer Chevron uses term 'Gulf of America' after Trump renaming order
U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on ...
12h
Exxon, Chevron betting part of their future in supplying energy, Bloomberg says
Chevron (CVX), and Shell (SHEL) are betting that part of their future lies in supplying the energy needed for America’s ...
2d
on MSN
Chevron sells office tower at steep discount to contrarian investor on a Houston buying spree
Chevron sold an empty office tower in northwest Houston to Capital Commercial, which is one of the most active commercial ...
2d
Exxon, Chevron earnings: Analyst eyes oil giants' free cash flows
Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) ...
10h
Chevron’s Hold Rating: Concerns Over Free Cash Flow and Distribution Amidst TCO Challenges
Analyst Jason Gabelman from TD Cowen maintained a Hold rating on Chevron (CVX – Research Report) and keeping the price target at ...
2d
Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order
Chevron previously used "Gulf of Mexico" to refer to that body of water, which stretches from Texas to Florida on the ...
1d
on MSN
Chevron Is Turning on the Gas to Power AI Data Centers
Chevron ( CVX -4.56%) holds a treasure trove of low-cost natural gas resources across the U.S. This lower-carbon fuel could play a significant role in powering the artificial intelligence (AI) ...
5d
on MSN
Chevron, Engine No. 1 and GE Vernova team up on powering US data centers, with AI in focus
Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States ...
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