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Chevron Successfully Completes Acquisition Of PDC Energy – $CVX $DIA $LTRN

As per reports, Chevron Corporation (CVX) has officially concluded its acquisition of PDC Energy, Inc. This move comes after receiving the necessary approval from PDC Energy shareholders. "We’re pleased to welcome PDC Energy into Chevron. Our companies have similar cultures, with a focus on safe ...

Chevron To Invest $500M In Argentina’s Vaca Muerta Shale Basin – $CVX $DIA $BRQS

As per reports, Chevron Corporation (CVX), has committed to investing over $500 million in the development of the Trapial block in the western province of Neuquen, which is known for its extensive Vaca Muerta shale basin. The economy ministry of Argentina made this announcement recently, following a...

Chevron’s Acquisition Of PDC Energy Aims To Drive Growth & Cost Savings – $CVX $DIA XLE $INVO

Reportedly, Chevron Corporation (CVX) CEO Mike Wirth, is open to pursuing additional agreements following the recent acquisition of PDC Energy Inc. for $6.3 billion. However, he emphasizes the importance of maintaining financial prudence. Chevron's purchase of PDC involves a payment of $72 per share...

Chevron Posts 5% Increase In Q1 Net Profit – $CVX $DIA $SPY $INVO

As per reports, Chevron Corporation (CVX) recently exceeded market expectations in the first quarter with a 5% increase in net profit to $6.57 billion or $3.46 per share. The company's refining business was the standout performer, with profits surging over five times to $1.8 billion due ...

Chevron Shipping & Green Ships Team Up To Investigate Ammonia As Viable Marine Fuel – $CVX $DIA $BRQS

Reportedly, Chevron Corporation (CVX) and the Angelicoussis Group's Energy Transition division, Green Ships, have announced a collaboration through their subsidiaries, Chevron Shipping Company LLC and Green Ships, to conduct a Joint Study on the feasibility of transporting ammonia as a potential low...

Chevron CEO Mike Wirth Receives 10% Salary Raise In 2023 Due To Increased Profits – $CVX $DIA $SPY $BRQS $INVO

Reportedly, as a result of Chevron Corporation (CVX) increased profits and cash flow due to higher energy prices over the past year, CEO Mike Wirth received a salary increase of approximately 10%, raising his base pay to $1.85 million for 2023. In 2022, Wirth's total compensation, which ...

Energy Giant Chevron Corporation To Host Quarterly Earnings Conference Call On April 28, 2023 – $CVX $DIA $XLE $INVO

As per reports, Chevron Corporation (CVX) has scheduled its quarterly earnings conference call for Friday, April 28, 2023, at 11:00 a.m. ET (8:00 a.m. PT). Interested individuals can participate in the call by dialing 800-378-6902 in listen-only mode and entering the conference ID number 6069633. Th...

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