Chevron Corporation (CVX)
CVX Stock Stumbles as Chevron Misses on Earnings. The Company Is Moving to Texas.
Chevron (NYSE: CVX ) reported lower-than-expected second-quarter profits earlier this morning. The miss was driven by reduced refining margins and the loss of a number of tax breaks.
Chevron to Leave California for Texas, as Regulations Mount in Golden State
Chevron CVX -2.25%decrease; red down pointing triangle is relocating to Texas, deserting California, its home state for more than 140 years, where the business climate has soured for oil companies.
Chevron Stock Dips as Earnings Miss Highlights Merger Uncertainty
Using an Olympics reference, Chevron Corporation NYSE: CVX failed to stick the landing when it reported second-quarter earnings before the market opened on August 2. The company delivered a mixed report, with revenue coming in slightly higher than expected but earnings coming in lighter due to lower refining margins and natural gas prices.
Chevron's Earnings Miss Estimates, Squeezed by Lower Refining Margins
Chevron (CVX) reported better second-quarter revenue than analysts expected Friday, but profits missed estimates, thanks to lower margins on the oil and gas giant's refined products.
Chevron (CVX) Misses Q2 Earnings Estimates
Chevron (CVX) came out with quarterly earnings of $2.55 per share, missing the Zacks Consensus Estimate of $2.88 per share. This compares to earnings of $3.08 per share a year ago.
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Chevron Taking Its Headquarters To Texas
U.S. oil and gas giant Chevron announced Friday it will relocate its corporate headquarters from its long-time location in San Ramon, California to Houston, Texas in the coming months.
Chevron reports Q2 miss as Hess takeover faces new delays
Oil giant Chevron Corp missed estimates for second-quarter profit on Friday, hurt by weak refining margins.
Chevron earnings miss on lower refining margins, relocates headquarters to Houston
Chevron's second-quarter profit fell due to lower refining margins. The oil major announced its headquarters will move from California to Texas.
Chevron Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Chevron Corporation CVX is expected to release earnings results for its second quarter, before the opening bell on Friday, Aug. 2.
Exxon and Chevron Face High Bar for Earnings
Their results follow Shell's, which posted stronger-than-expected earnings and still saw its shares drop.
Up 7% So Far, What Lies Ahead For Chevron's Stock Post Q2 Results?
Chevron Corporation (NYSE: CVX), a company manufacturing and selling a range of refined petroleum products, including gasoline, diesel, marine, and aviation fuels, premium base oil, finished lubricants, and fuel oil additives, is scheduled to announce its fiscal second-quarter results on Friday, August 2. We expect the company's stock to likely trade higher with its revenues and earnings beating market expectations marginally in its second quarter results.
