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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 logs its first refining loss in four years, sending stock lower
Chevron Corp.’s stock fell 2% early Friday, after the oil company’s downstream-refining business delivered its first loss in four years, hurt by lower margins on oil sales. The company also missed profit estimates for the fourth quarter,
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 calls Gulf of Mexico the Gulf of America
Oil producer Chevron uses term 'Gulf of America' after Trump renaming order
U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on Friday, a sign of corporate America beginning to implement U.S. President Donald Trump's order to rename the ocean basin.
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 southeastern border of the U.S. Trump signed an executive order on Jan. 20 to rename the Gulf of Mexico as the Gulf of America.
Major energy company follows Trump, calls it 'Gulf of America'
Multinational energy company Chevron Corporation, which will be moving its headquarters from California to Texas, is among the first major entities to use the phrase "Gulf of America" in official language.
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Chevron to build gas plants to power data centers amid AI boom
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S ...
1d
on MSN
Why Chevron Stock Dropped 4.5% Today
Chevron Corporation ( CVX -4.44%) 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.
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on MSN
Chevron, NVIDIA Corp. share losses lead Dow's nearly 375-point drop
Behind declines for shares of Chevron and NVIDIA Corp., the Dow Jones Industrial Average is down Friday afternoon.
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on MSN
Chevron, Engine No. 1 and GE Vernova team up on powering US data centers, with AI in focus
Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States ...
1d
Chevron reports Q4 adjusted EPS $2.06, consensus $2.11
Reports Q4 revenue $52.23B, consensus $48.41B. “In 2024, we delivered record production, returned record cash to shareholders and started up ...
1d
on MSN
Chevron Earnings Miss Expectations, But Dividend Gets Sweeter
Chevron reported fourth-quarter earnings that missed analysts’ expectations. The stock fell in premarket trading. The oil ...
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on MSN
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 ...
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on MSN
Chevron to engage with Trump administration to protect Venezuelan operations, WIrth says
Chevron (NYSE:CVX) will ask the Trump administration to protect the special U.S. oil license that allows it to operate in ...
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