U.S. oil major Chevron said on Wednesday that hearing for an arbitration regarding Hess' Guyana assets have been scheduled for May 2025.
Chevron has a strong outlook with the Permian and DJ assets driving production growth, Total production is expected to grow by 6% in eFY24. Management is focusing on further developing Permian assets with the target of 1MMboe/d in 2025. Chevron is awaiting regulatory approval for the Hess acquisition, which will occur after the arbitration case with Exxon is settled.
A research report from 2017 indicates that mergers and acquisitions have created more value for acquiring firm shareholders post-2009 than ever before. This particularly holds true for mega deals worth $500 million or more.
Chevron Corporation CVX is slated to release second-quarter 2024 results on Aug 2, before market open. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at $2.88 per share and $50.8 billion, respectively.
The presidential race is heating up, with Vice President Kamala Harris now the likely Democratic nominee against former President Donald Trump.
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.
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.
Chevron (CVX) closed the most recent trading day at $155.07, moving +0.64% from the previous trading session.
How Chevron is using gen AI, digital twins and robots to analyze massive datasets, make predictions and protect workers and the planet.
Close to my home in Chapel Hill, North Carolina, is the factory site for VinFast Auto (NASDAQ: VFS ), the Vietnamese electric vehicle company. Taxpayer funding is involved, so the media covers VinFast well.
Chevron (CVX) retains 40% interest in Block 5 offshore Suriname, with QatarEnergy acquiring 20% in the production sharing contract. The remaining 40% will be owned by Paradise Oil Company.
Oil stocks fell early Monday amid concerns that Vice President Kamala Harris could take a tougher stance on the oil and gas industry if she becomes the Democratic presidential nominee and wins the race for the White House.