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Chevron profit disappoints
Chevron profit disappoints as refining posts first loss in four years
Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business into a loss for the first time since 2020. CEO Mike Wirth told Reuters the post-pandemic surge in fuel margins had run its course,
Chevron profit disappoints as refining division reports losses
This story incorporates reporting from worldenergynews.com, SchaeffersResearch.com and MSN.Chevron announced financial results revealing its refining division experienced its first quarterly loss in four years.
Chevron’s Q4 Earnings Miss Forecast as Refining Swings to Loss
Chevron reported lower-than-expected fourth-quarter earnings due to a loss in its refining division, despite strong upstream production.
Chevron misses earnings estimate as refining posts first loss in four years
Chevron Corp reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining business into a loss for the first time since 2020.
Chevron's Refining Business Marks 1st Loss in 4 Years
Chevron (CVX) stock is down in premarket trading after its refining business marked its first loss in four years
Chevron slips after reporting first quarterly refining loss in four years
Chevron missed Q4 earnings expectations and reports first quarterly loss in refining business since 2020, but raises dividend.
2h
on MSN
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Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order
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8h
Chevron raises quarterly dividend 5% to $1.71 per share
The company’s Board of Directors declared a 5% increase in the quarterly dividend to $1.71 per share, payable March 10 to all holders of common ...
7h
Chevron Q4 Earnings: Profits Decline Amid Lower Oil Output, Dividend Hike Offers Silver Lining
Revenue of $52.23B beat consensus of $46.75B. Production down in Q4, up 7% in 2024. Adjusted EPS of $2.06 misses consensus. Dividend increased by 5%.
6d
on MSN
Why Chevron Corporation (CVX) Is One of the Best Commodity Stocks to Invest in According to Hedge Funds?
We recently compiled a list of the 10 Best Commodity Stocks to Invest in According to Hedge Funds. In this article, we are ...
2d
Chevron Is Ready to Burn Gas to Power AI
Per the Times, Chevron is already ordering equipment and pursuing potential locations for these power plants, which the ...
4d
Chevron Q4 Earnings Preview: Likely Better Than Wall Street's Expectations
Chevron is set to announce Q4 earnings on January 31st, with expectations of declining EPS due to falling energy prices. Read ...
1h
Trump’s Inauguration Donors: Big Oil, Big Pharma, Big Tech, Crypto, and More
Donald Trump’s inaugural committee was funded by Amazon, Chevron, Coinbase, Coca-Cola, Comcast, ExxonMobil, GEO Group, ...
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