Chevron's profit slumps, shares fall
Chevron's third-quarter earnings missed Wall Street estimates by a wide margin, sending its share price down despite its recent megadeal with Hess.
Chevron (CVX) Lags Q3 Earnings Estimates
Chevron (CVX) came out with quarterly earnings of $3.05 per share, missing the Zacks Consensus Estimate of $3.68 per share. This compares to earnings of $5.56 per share a year ago.
Chevron net income nearly halves amid lower margins
Chevron Corp reported near halved net income in the third quarter reflecting reduced margins and fluctuating oil prices. The San Ramon, California-based oil exploration company total revenue in the...
This money manager has been predicting oil deals since 2019. Here's what he sees happening after Chevron's Hess buy.
In 2020, energy fund manager Danilo Onorino forecast mergers would come for an industry struggling to survive pandemic fallout. It took a few years, but these days those tie-ups are all about “oppo...
Prediction: Given Its History, Chevron Will Buy This High-Yield Dividend Stock Next
Integration is a crucial aspect of Chevron's business model. Hess Midstream is vital to Hess' operations in the Bakken.
Chevron reports lower third-quarter profit
Chevron on Friday reported a fall in third-quarter profit despite higher oil prices, days after agreeing to buy smaller U.S. rival Hess Corp for $53 billion.
Chevron and Exxon's latest buys could usher in a new era of oil megamergers
Chevron and Exxon announced shiny new acquisitions this month, and industry watchers say that it could be the start of more multibillion megadeals to come.
Chevron Reports Earnings Soon. Here's What to Expect.
Energy firm Chevron will report third-quarter earnings on Friday at a key moment in its history.
Down 13% This Year Will Chevron Stock Rebound After Its Q3?
Among the most significant risks to oil markets since Russia's invasion of Ukraine last year is the latest geopolitical tension between Hamas and Israel.
Chevron's mega oil deal more expensive than Exxon's
Exxon Mobil's $59.5 billion deal to acquire oil and gas producer Pioneer Natural Resources may have been larger than Chevron's $53 billion agreement to buy Hess , but it is Chevron that is paying a...
Chevron takeover-target Hess results comfortably beat expectations
Chevron's (NYSE:CVX) $53 billion takeover deal, announced Monday, somewhat stole the thunder from today's earnings release at Hess Corp (NYSE:HES), nevertheless, third-quarter financial results con...
Chevron (CVX) to Acquire Hess in a $53-Billion All-Stock Deal
Chevron (CVX) is set to acquire Hess for $53 billion, gaining valuable assets in Guyana and Bakken.
Chevron target Hess beats quarterly profit estimates on production boost
Oil and gas producer Hess Corp on Wednesday beat Wall Street estimates for third-quarter profit on higher production, days after agreeing to be bought by larger U.S. rival Chevron Corp for $53 bill...
Why Exxon and Chevron are doubling down on fossil fuel energy with big acquisitions
Exxon and Chevron's recent acquisitions show that despite global decarbonization pushes, the energy transition is likely to be long and slow.
Chevron Acquisition: Oil Giant Buys Hess For $53bn In All-Stock Deal
It's official: Chevron is looking to keep up with Exxon after announcing its deal to buy Hess for $53 billion.
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