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Chevron profit disappoints

Hosted on MSN · 16m

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,

Crude Oil Prices · 1h

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.

SchaeffersResearch.com · 2h

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

Reuters on MSN · 6h

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. The second-largest U.S. oil producer posted total earnings of $3.

Seeking Alpha · 3h

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.

5hon MSN

Exxon, Chevron Yearly Profits Down as Investor Payouts Hit Fresh Highs

Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...

2h

Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order

Chevron previously used "Gulf of Mexico" to refer to that body of water, which stretches from Texas to Florida on the ...

1hon MSN

Chevron sells office tower at steep discount to contrarian investor on a Houston buying spree

Chevron sold an empty office tower in northwest Houston to Capital Commercial, which is one of the most active commercial ...

5h

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 ...

1d

Hess Corporation: Advantage To Exxon Mobil

The value of Hess Corporation keeps increasing with rising Guyana production and the slow arbitration process. Read why HES ...

6don 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 ...

4h

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%.

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 ...

Chevron, Engine No1 Announce Power Solution Partnership for US Data Centers

We are proud to play our part in bringing to fruition President Trump's vision for a new American golden age', Chevron ...

3h

Chevron Q4 Revenue Blows Past Estimates But Profit Falls Short

Chevron stock slipped in premarket trading Friday after the energy giant's fourth-quarter profit came up short of analysts' expectations.

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