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.
Shares of Chevron Corp. CVX fell 1% in premarket trading Friday, after the oil and gas giant after quarterly profit that fell, but beat expectations, while production was flat and revenue fell short of forecasts.
Two energy heavyweights - Exxon Mobil (XOM) and Chevron (CVX) - are on the reporting docket this week, continuing a hectic week of earnings overall.
I anticipate high natural gas (NG) demand and prices in the summer of 2025. NG is the most important source of electricity generation in the U.S., and HVAC is a key driver for electric peak demand in the summer. NG gas price is currently compressed, and the inventory level is quite low by historical standards.
Get a deeper insight into the potential performance of Chevron (CVX) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
As CVX gears up to report first-quarter earnings on May 2, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.
CVX plans to begin drilling activities in PEL 82, offshore Namibia, in 2026 or 2027. This move is expected to bolster CVX's global exploration portfolio.
You might not think Warren Buffett would be a big fan of high-yield dividend stocks. However, a perhaps surprising number of stocks in his Berkshire Hathaway portfolio pay juicy dividends.
Chevron (CVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, Chevron (CVX) stood at $136.68, denoting a -0.45% change from the preceding trading day.
Some tankers Chevron had chartered to move crude from Venezuela to the United States this month are now being marketed for spot contracts elsewhere, sources said, after state company PDVSA canceled loading permits and ordered the firm to return cargoes amid payment uncertainty related to sanctions.
Chevron (CVX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.