Chevron Corporation (CVX)
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) revolution. That technology requires a tremendous amount of electricity to power the specialized chips needed to run AI applications in data centers.
WRAPUP Big Oil bleak on refining profits going into 2025
Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard by a downturn in the margins for producing fuel.
Chevron Corporation (CVX) Q4 2024 Earnings Conference Call Transcript
Chevron Corporation (NYSE:CVX ) Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ET Company Participants Jake Spiering - Head, IR Mike Wirth - Chairman and CEO Eimear Bonner - CFO Conference Call Participants Biraj Borkhataria - RBC Paul Cheng - Scotiabank Neil Mehta - Goldman Sachs Doug Leggate - Wolfe Research Devin McDermott - Morgan Stanley Stephen Richardson - Evercore ISI Jason Gabelman - TD Cowen Alastair Syme - Citi Betty Jiang - Barclays Ryan Todd - Piper Sandler John Royall - JPMorgan Jean Ann Salisbury - Bank of America. Lucas Hermann - BNP Paribas Joshua Silverstein - UBS Paul Sankey - Sankey Research Nitin Kumar - Mizuho Bob Brackett - Bernstein Research Neal Dingmann - Truist Geoff Jay - Daniel Energy Partners Operator Good morning.
Why Chevron Stock Dropped 4.5% Today
Chevron Corporation (CVX -3.82%) stock fell 4.5% through 10:35 a.m. ET Friday after the company reported a revenue beat but an earnings miss in its morning Q4 report.
Why Chevron Stock Dropped 5% Today
Chevron Corporation (CVX -3.67%) stock fell 4.5% through 10:35 a.m. ET Friday after the company reported a revenue beat but an earnings miss in its morning Q4 report.
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 CVX fourth-quarter earnings reported today. Mehta is Buy-rated on CVX, with a price forecast of $182.
Chevron Lags Q4 Earnings Estimates, Tops Revenues, Hikes Dividend
CVX pays $2.9 billion in dividends in the fourth quarter and spends around $4.3 billion in capital and exploratory expenditures.
Chevron Stock Declines Despite Another Dividend Hike
Chevron stock is down Friday after the integrated energy company missed fourth-quarter profit expectations. Here's what you need to know.
Chevron shares slip as refining profits tumble, earnings disappoint
Chevron Corporation (NYSE:CVX, ETR:CHV) shares fell 3.6% on Friday morning following the release of its fourth-quarter 2024 earnings report, which revealed a decline in profits and the company's first refining loss in four years. The energy giant reported an adjusted earnings per share (EPS) of $2.06, falling short of analysts' expectations of $2.11 and marking a 40% decrease from the same period last year.
Chevron CEO Mike Wirth on providing energy for the AI race
Chevron CEO Mike Wirth discusses AI energy demand.
Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order
Trump signed an executive order on Jan. 20 to rename the Gulf of Mexico as the Gulf of America.
Chevron's Refining Business Marks 1st Loss in 4 Years
The shares of blue-chip energy concern Chevron Corp (NYSE:CVX) are down 1.3% in premarket trading after the company missed fourth-quarter earnings estimates.
