Chevron Corporation (CVX)
Warren Buffett Owns Chevron and Occidental. Should You Buy This Energy Giant Instead?
Warren Buffett is known as the Oracle of Omaha because of the long-term success of Berkshire Hathaway (BRK.A 1.99%) (BRK.B 1.76%), his investment vehicle. With Wall Street watching his every move, investors often just buy whatever Buffett owns.
Despite Lower Oil Prices, Chevron's Strategy Continues to Pay Dividends for Investors
Oil price volatility will always affect Chevron 's (CVX 1.61%) financial results. That was evident in the first quarter as its earnings fell compared to the year-ago period.
Chevron Corporation (CVX) Q1 2025 Earnings Call Transcript
Chevron Corporation (NYSE:CVX ) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Jake Spiering - Head, IR Mike Wirth - Chairman and CEO Eimear Bonner - CFO Conference Call Participants Neil Mehta - Goldman Sachs Jean Ann Salisbury - Bank of America Biraj Borkhataria - RBC Doug Leggate - Wolfe Research Lloyd Byrne - Jefferies Ryan Todd - Piper Sandler Paul Cheng - Scotiabank Stephen Richardson - Evercore ISI Josh Silverstein - UBS Lucas Hermann - BNP Paribas Roger Read - Wells Fargo Phillip Jungwirth - BMO Betty Jiang - Barclays Devin McDermott - Morgan Stanley John Royall - JPMorgan Jason Gabelman - TD Cowen Bob Brackett - Bernstein Research Operator Good morning. My name is Katie, and I'll be your conference facilitator today.
Natural Gas Lifts Chevron Q1 Earnings Amid Oil Weakness
CVX paid $3 billion in dividends during the first quarter and spent around $3.9 billion in capital and exploratory expenditures.
Hotter-Than-Expected Nonfarm Payrolls for April
Hotter-Than-Expected Nonfarm Payrolls for April.
BLS Jobs +177K, Better than Expected; Unemployment +4.2%
Monthly jobs stayed at a healthy level, with wage growth cooling. Pre-market traders love it, sending major indexes up higher this morning.
Chevron to cut share buybacks as lower oil prices weigh on earnings
Chevron Corporation (NYSE:CVX, ETR:CHV) said on Friday it will sharply reduce share repurchases this quarter to between $2.5 billion and $3 billion, down about 30% from the prior period, as lower oil and gas prices dented profits. Despite the slowdown, the oil major maintained its annual buyback guidance of $10 billion to $20 billion.
Chevron (CVX) Beats Q1 Earnings Estimates
Chevron (CVX) came out with quarterly earnings of $2.18 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $2.93 per share a year ago.
3 Warren Buffett Stocks to Buy That Are Down This Year and Pay 5% Dividends
Warren Buffett remains one of the world's most prominent investors, renowned for his long-term buy-and-hold strategies and extensive portfolio of public and private holdings.
ExxonMobil, Chevron Top Profit Estimates
ExxonMobil (XOM) reported better first-quarter results than analysts expected Friday, while rival Chevron (CVX) beat profit estimates but fell just short of revenue forecasts.
Exxon, Chevron Profits Fell Ahead of Tariff-Driven Oil Slump
The major oil companies' results were hurt by narrow refining margins, lower oil prices and rising costs.
Chevron stock falls as profit declines on falling oil prices
Chevron's profit declined more than 30% compared with the same quarter in 2024 as oil prices have sold off steeply. FILE PHOTO: A Chevron gas station is seen in Austin, Texas, U.S., October 23, 2023.
