Chevron chairman and CEO Mike Wirth joins 'Squawk on the Street' to discuss the company's quarterly earnings results, growing oil production, state of the energy sector, and more.
Challenger Energy joins forces with CVX in Uruguay's AREA OFF-1 Block, opening doors for offshore exploration and securing major funding for seismic surveys.
Chevron (CVX) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2.47 per share. This compares to earnings of $3.05 per share a year ago.
CNBC's Becky Quick reports on the company's quarterly earnings results.
Chevron's stock rallies after earnings and production beat expectations, and a record amount of cash was returned to shareholders.
Chevron beat third-quarter earnings and revenue expectations. The oil major's quarterly profit, however, declined substantially compared to the year-ago period.
Chevron Corp beat estimates for third-quarter profit on Friday, helped by higher output.
Challenger Energy Group PLC (AIM:CEG, OTC:BSHPF) has announced the resignation of its CFO Gagan Khurana effective immediately, for personal reasons. Jonathan Gilmore, Challenger's group finance manager and company secretary, will take up Khurana's responsibilities.
Analysts expect Chevron to report $2.43 of earnings per share in the quarter, down from $3.05 a year ago because of a drop in oil and natural gas prices.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Five years ago, Chevron CEO Michael Wirth won Wall Street acclaim as the No. 2 U.S. oil company briefly achieved a market value larger than Exxon Mobil's after he refused to get into a bidding war with Occidental Petroleum over a rival.
As CVX gears up to report third-quarter earnings on Nov. 1, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.