All Chevron Articles
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 ...
Sep 01, 2023
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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...
Jun 12, 2023
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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...
Jun 13, 2023
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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 ...
May 05, 2023
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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...
May 20, 2023
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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 ...
Apr 25, 2023
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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...
Apr 05, 2023
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Chevron Raises Annual Share Buyback Target Up to $20B! – $CVX $DIA $INVO
Reportedly, U.S. energy giant Chevron Corporation (CVX) raised its share buyback outlook to between $10 billion and $20 billion per year and reaffirmed its production guidance of more than 3% annual growth by 2027. In January, Chevron tripled its budget for buybacks to $75 billion with no fixed expi...
Mar 02, 2023
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Chevron Reportedly In Talks To Extend Current CEO’s Retirement Age – $CVX $DIA $INVO
Reportedly, the board of Chevron Corporation (CVX ) is in talks to extend the mandatory retirement age of its Chief Executive Officer Mike Wirth. Mike Wirth has been the board chairman and chief executive officer of Chevron since 2018 and will reach the company’s fixed retirement age of 65 in lat...
Feb 16, 2023
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Chevron To Exit Operations In Myanmar – $CVX $DIA $ATOS
Reportedly, Chevron Corporation (CVX) is to sell its assets in Myanmar to Canadian company MTI, in a deal that allows the oil major to leave the Asian country. The deal comes one year after Chevron and other major oil companies announced leaving Myanmar following a military coup in 2021. Chevron and...
Feb 13, 2023
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Chevron’s Q4 Release Reveals Mixed Results – $CVX $DIA $INVO
As per reports, Chevron Corporation (CVX) quarterly release reported mixed Q4 results, as it missed on earnings but exceeded revenue estimates. Recently, the company announced its $75 billion stock buyback program, which represents 20% of shares outstanding at current price levels, and it also boost...
Jan 31, 2023
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Mark A. Nelson To Lead As Vice Chairman For Chevron Strategy, Policy & Development – $CVX $DIA $ATOS
As per reports, Chevron Corporation (CVX) announced Mark A. Nelson, executive vice president, Strategy, Policy & Development, as the new vice chairman and executive vice president, Strategy, Policy & Development, effective February 1, 2023. In this new corporate officer role, Nelson will ...
Jan 31, 2023
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Energy Giant Chevron Announces Dividend Raise & Massive Stock Buyback Program – $CVX $DIA $INVO
Reportedly, Energy giant Chevron Corporation (CVX) announced a some massively sized $75 billion stock buyback program along with a dividend hike. The buyback program is set to be effective on April 1, with no set expiration date. The dividend hike increases Chevron’s per share payout to $1.51 from...
Jan 30, 2023
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Chevron To Invest In Geothermal Projects In U.S – $CVX $DIA $BRQS
Reportedly, Chevron Corporation (CVX) is seeking to enter a joint venture with Baseload Capital, a Swedish investment and development firm to develop geothermal projects in the United States. Geothermal energy taps into heat within the earth, and currently makes up less than 1% of the U.S. energy mi...
Dec 21, 2022
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Energy Giant Chevron To Pay Quarterly Dividend On December 12 – $CVX $DIA $ATOS $INVO
Reportedly, the Board of Directors of Chevron Corporation (CVX) declared a quarterly dividend of one dollar and forty-two cents ($1.42) per share, payable on December 12, 2022. The dividend is payable to all holders of common stock as of November 18, 2022. Dow 30 component Chevron Corpo...
Nov 29, 2022
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Chevron Commits $500k Contribution For Ian Hurricane Relief – $CVX $DIA $INVO
Reportedly, Chevron Corporation (CVX) has committed $500k to support relief efforts in Florida after Hurricane Ian left devastation across the state, causing catastrophic floods and damage. "Our thoughts are with all the people whose lives have been impacted by Hurricane Ian. With deep ties in Flor...
Nov 29, 2022
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Chevron & Brightmark Complete First Delivery Of Their Renewable Natural Gas Via The Athena Project – $CVX $DIA
Reportedly, Brightmark and Chevron Corporation (CVX) completed the first delivery of renewable natural gas produced at the Athena Project, a part of their previously announced partnership to own project companies across the U.S. to produce and market renewable natural gas. Brightmark RNG Holdings L...
Aug 05, 2022
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Oil Giant Chevron Reports Strong Quarter Figures Built On Strong Fuel Margins & High Prices – $CVX $DIA
As per reports, Chevron Corporation (CVX) reported strong quarterly figures reporting a net profit of $11.6 billion, or $5.95 per share, more than triple the $3.1 billion, or $1.60 per share, compared to the same period last year. Chevron's average U.S. sales price for a barrel of crude oil and natu...
Aug 04, 2022
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Chevron To Release Quarterly Earnings On July 29 – $CVX $DIA
Reportedly, Chevron Corporation (CVX) is to hold its quarterly earnings conference call on Friday, July 29, 2022, at 11:00 a.m. ET/ 8:00 a.m. PT. The live webcast can be reached at www.chevron.com. Interested parties can Dial-in # (Listen-only mode): 800-491-5082 with Conference ID #: 1185585. Sp...
Jul 14, 2022
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Chevron To Relocate Headquarters Within California – $CVX $DIA
As per reports, Chevron Corporation (CVX) plans to relocate its global headquarters to a newly leased space in California and sell its existing head office in the state. The oil giant is expected to shift its headquarters to the new site during the third quarter of 2023. "The current real estate ma...
Jul 01, 2022
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Chevron Collaborates With KazMunayGas Exploring Lower Carbon Opportunities In Kazakhstan – $CVX $DIA
Reportedly, Chevron Corporation (CVX) through its subsidiary Chevron Munaigas Inc, and JSC NC "KazMunayGas" have announced a memorandum of understanding to explore potential lower carbon business opportunities in Kazakhstan. At the 34th Plenary session of the Foreign Investors Council led by Pres...
Jun 22, 2022
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Higher Oil & Gas Prices Power Quarterly Profits For Chevron – $CVX $DIA
As per reports, Chevron Corporation's (CVX) profits quadrupled during the first quarter of 2022, boosted by higher oil and gas prices. The oil giant reported $6.3 billion in earnings during the period up from $1.37 billion during the same quarter in 2021. Chevron’s revenue increased to $54.37 bill...
Apr 29, 2022
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Chevron Meets United Steelworkers Union (USW) Over Refinery Strike – $CVX $DIA
As per reports, Chevron Corporation (CVX) and the United Steelworkers union (USW) recently met to end a 3-week-old strike by 500 workers at the company's Richmond, California, refinery marking the first face-to-face discussion between the two sides. The first vice president of USW Local 12-5, B.K. W...
Apr 14, 2022
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Chevron Schedules Q1 Earnings Release For Friday, April 29, 2022 – $CVX $DIA
Reportedly, Chevron Corporation (CVX) is to host its first-quarter conference call on Friday, April 29, 2022 at 11:00 a.m. ET (8:00 a.m. PT). Speakers: Mike Wirth – Chairman of the Board and Chief Executive Officer Pierre Breber – Vice President and Chief Financial Officer Roderick Green ...
Apr 12, 2022
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Chevron Phillips Chemical Company LP Agreed To Spend $118M To Clean & Upgrade Petrochemical Plants- $CVX $DIA
Reportedly, Chevron Phillips Chemical Company LP, a joint venture between Chevron Corporation (CVX) and Phillips 66 has agreed to spend $118 million to clean and upgrade three of its petrochemical plants on the Gulf Coast. Chevron Phillips Chemical Company LP has been ordered to pay $3.4 million as ...
Mar 10, 2022
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San Ramon, California-based Chevron Doubles Stock Repurchase Program- $CVX $DIA
As per reports, Chevron Corporation (CVX) announced that it will double its share buyback to as much as $10 billion a year. The San Ramon, California-based company is looking to buy back between $5 billion and $10 billion of stock each year, an increase from previous guidance of $3 billion to $5 bil...
Mar 03, 2022
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Chevron To Acquire Renewable Energy Group, North America’s Largest Producer of Advanced Biofuels – $CVX $DIA $REGI
As per reports, Chevron Corporation (CVX) has announced that it is acquiring Renewable Energy Group Inc. (REGI) for about $3.15 billion. The transaction marks a significant boost for the oil giant's investment in renewable fuels, demand for which is expected to grow in the near future as businesses ...
Feb 28, 2022
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Chevron Invests In The World Leader In Building Cost-Effective Industrial Carbon Capture Methods- $CVX $DIA
As per reports, a subsidiary of Chevron Corporation (CVX), Chevron U.S.A. Inc., is investing in Carbon Clean, a world leader in building cost-effective industrial carbon capture methods. Carbon Clean’s technology is built to reduce the costs and physical footprint required for carbon capture in co...
Feb 28, 2022
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Chevron’s Q4 Earnings Surprisingly Disappoint – $CVX $DIA
As per reports, Chevron Corporation (CVX)’s fourth-quarter earnings disappointed despite higher oil and gas prices. The oil giant reported adjusted earnings of $5.1 billion, or $2.65 a share, missing analyst estimates of $3.12 per share profit. In its oil and gas producing unit, Chevron reported ...
Feb 01, 2022
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JOIN US TODAY at Tribe Public’s FREE Webinar Jan.11 (11AM ET) Event “From Space to sea – Tesla of the Subsurface” – $CLAQ $AVAV $RIG $SLB
You are cordially invited to join Vista Partners' sister organization, Tribe Public, for a FREE Webinar Presentation and Q&A Event which will be held today, Thursday, January 11 (8:00 am PT/ 11:00 am ET). Tribe Public's (www.tribepublic.com) complimentary worldwide webinars are efficient 30-min...
Jan 11, 2022
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Chevron Delays Scheduled January Return To Office As Omicron Spreads – $CVX $DIA
As per reports, Chevron Corporation (CVX) has delayed January's full return to office for its two largest U.S. worksites San Ramon and Houston offices as the Omicron variant spreads across the United States. The country is reporting an alarming rate of new infections every day. Amid the Omicron risi...
Jan 02, 2022
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Chevron Joins Decarbonization Initiative Under The Sea Cargo Charter – $CVX
Reportedly, Chevron Shipping Company has joined the Sea Cargo Charter, a benchmark initiative for responsible shipping activities, transparent reporting of greenhouse gas, and improved decision making in line with targets set by the United Nations. The Sea Cargo Charter establishes a common baseline...
Dec 10, 2021
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Chevron Boosts Share Buyback & Investing – Watches Spending
Reportedly, Chevron Corporation (CVX) plans to boost its share buyback to as much as $5 billion per year, as the oil giant uses higher commodities prices to step up returns to investors and not invest in production growth., as the company is wary of plowing that cash back into new production at a ti...
Dec 03, 2021
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Minor Gas Leak Reported At Chevron’s Australian Gorgon LNG Train 1
Reportedly, Chevron Corporation (CVX) has reportedly closed down one of three processing units, called trains, at its Gorgon liquefied natural gas plant off Western Australia as a precautionary measure, after a minor gas leak was identified. The leak was found on piping related to the dehydration un...
Nov 20, 2021
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Chevron To Address CO2 Injection Shortfall At Australia LNG Site
Reportedly, Chevron Corporation (CVX) Australian unit will invest A$40 million ($29.49 million) to address a carbon dioxide injection shortfall at its Gorgon liquefied natural gas facility in Western Australia. Under the investment, the oil giant will address the shortfall over a five-year period, a...
Nov 14, 2021
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Surprise! Chevron Reports ‘Best Ever’ Cash Flow As Oil & Gas Prices Fly Upward
As per reports, Chevron Corporation (CVX) posted the highest quarterly profit in eight years, driven by surging oil and gas prices and a recovery in motor fuel demand. The U.S oil major posted a net income of $6.11 billion, compared with a loss of $207 million a year ago. Adjusted earnings per share...
Nov 01, 2021
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Chevron To Release Q3 Earnings On Oct 29
As per reports, Chevron Corporation (CVX) will release its Q3 earnings results on Friday, October 29, 2021, at 11:00 a.m. ET (8:00 a.m. PT). The live webcast can be reached at the company’s website. Interested parties can dial in: Listen-only mode: 929-477-0308 or 800-289-0449 with Conference ...
Oct 05, 2021
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Chevron & Gevo To Jointly Invest In Sustainable Aviation Fuel
Reportedly, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (CVX), and Gevo, Inc announced a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel, lowering the lifecycle of the carbon in...
Sep 10, 2021
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Chevron, Caterpillar Entered Collaboration Agreement To Develop Hydrogen Trial Projects In Stationary Power Applications – $CAT $CVX
Reportedly, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (CVX), and Caterpillar Inc. (CAT) have entered a collaboration agreement to develop hydrogen trial projects in stationary power applications and transportation applications, including prime power. The goal of the collaboration i...
Sep 10, 2021
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Chevron, Delta Air Lines, & Google Team To Test The First Batch Of Sustainable Aviation Fuel
Reportedly, Chevron Corporation (CVX) plans to produce a test batch of sustainable aviation fuel (SAF) and sell it to Delta Air Lines at the Los Angeles International Airport. The initiative is a part of the partnership companies announced with Alphabet Inc-owned Google to track SAF test batch emiss...
Sep 09, 2021
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Chevron Reports Highest Profits In 6 Quarters – Resumes Buybacks
Reportedly, Chevron Corporation (CVX) reported its highest profit in six quarters, reporting oil and gas production unit earnings of $3.18 billion in the quarter compared with a loss of $6.09 billion a year ago. Total production increased 5% to 3.13 million barrels of oil equivalent per day, while C...
Aug 08, 2021
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Chevron Announces Appointment Of Eimear Bonner As Vice President
Reportedly, Eimear Bonner has been appointed as vice president, Chevron Corporation (CVX) reporting to CEO & Chairman Michael Wirth, effective August 2. Bonner will continue as president, Chevron Technical Center, and chief technology officer, leading the application of technology, research and ...
Aug 04, 2021
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Chevron’s New Energy Transition (‘Low-carbon Investments’) Unit To Come Into Effect From Aug 2
Reportedly, Chevron Corporation (CVX) announced the creation of a new unit to take care of its low-carbon investments, with an initial focus on alternative energy sources like hydrogen and technologies including carbon capture. The unit is to come into operations from August 2 and will be headed by ...
Aug 01, 2021
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Chevron To Pay Quarterly Dividend On Sep 10
As per reports, the Board of Directors of Chevron Corporation (CVX) announced a quarterly dividend of $1.34 per share to all common stock holders as on August 19, 2021. The dividend is payable on September 10, 2021. Dow 30 component Chevron Corporation (CVX), through its subsidiarie...
Jul 30, 2021
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Chevron Misses Carbon Capture Target At Its Gorgon Australia Plant
As per reports, Chevron Corporation's (CVX) system at the $54 billion Gorgon liquefied natural gas export plant in Australia missed a local government target to inject captured carbon dioxide underground. Global expectation and ambition to capture and store carbon dioxide is not working like it shou...
Jul 20, 2021
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Chevron Commits $3B By 2028 For The Future Of Low Carbon Energy
Reportedly, Chevron Corporation (CVX) has committed $3 billion by 2028 to advance its energy transition strategy. The oil giant is seeking to lower carbon intensity, increasing renewables, and offsets in support of their business, and also investing in low-carbon technologies. More info can be reac...
Jul 07, 2021
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Chevron Corporation Announces Q2 Earnings Call Release Date
Chevron Corporation (CVX) is scheduled to host its Q2 earnings conference call on Friday, July 30, 2021, at 11:00 a.m. ET (8:00 a.m. PT). The webcast can be reached at www.chevron.com. Other Details: Dial-in # (Listen-only mode): 646-828-8156 or 800-289-0585 Conference ID #: 8697566 Speakers: J...
Jul 08, 2021
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Chevron Allowed To Continue Restricted Operations In Venezuela
Reportedly, Chevron Corporation (CVX), the last major U.S. oil company still operating in Venezuela, received a new U.S. government license allowing it to continue operations in Venezuela until Dec. 1, informed the Treasury Department. The previous deadline was June 3. In 2019, the United States imp...
Jun 02, 2021
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Israel Government Orders Push Chevron To Restart Operations At Offshore Tamar Natural Gas Platform
As per reports, Israel's energy ministry has instructed Chevron Corporation (CVX) to restart operations at the offshore Tamar natural gas platform almost after nine days after it was shut on May 12 as per government instructions, due to Israel-Gaza unrest in the region. Chevron holds a 25% stake in...
May 24, 2021
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Chevron & Noble Midstream Partners LP Announce Complete Merger
Reportedly, Chevron Corporation (CVX) and Noble Midstream Partners LP announced the completion of the previously announced acquisition, resulting in Noble Midstream as an indirect, wholly-owned subsidiary of Chevron. Noble Midstream’s common units will not be listed on the Nasdaq Global Select Mar...
May 11, 2021
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Chevron Quarterly Earnings Recover- Raises Dividend By 4%
Chevron Corporation (CVX) reported better than expected first-quarter earnings recently, with an adjusted EPS of 90 cents per share and revenue of $32.03 billion, ahead of $30.37 billion estimates. Net income stood at $1.377 billion, a 62% decrease year over year. Last quarter, Chevron posted a $665...
May 03, 2021
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Chevron & Honeywell Collaborate On World’s First Commercial ISOALKY™ Ionic Liquids Alkylation Unit
Reportedly, Chevron Corporation (CVX) and Honeywell have announced the commissioning and start-up of the world's first commercial-scale ISOALKY process unit that uses ionic liquids to produce alkylate. The ISOALKY technology marks a major innovation in alkylation technology and offers wider and impr...
Apr 21, 2021
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Chevron Announces First-Quarter, 2021 Earnings Call & Webcast
Chevron Corporation (CVX) is scheduled to discuss its quarterly earnings via a conference call at 11:00 a.m. ET, on Friday, April 30, 2021. The meeting will be hosted by Pierre Breber, Vice President & Chief Financial Officer, and Roderick Green, General Manager, Investor Relations. Dial-in d...
Apr 07, 2021
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Chevron’s Australia Gorgon Train 3 To Be Shut Down In Q2
As per reports, Chevron Corp (CVX) plans to shut down Train 3 at the Gorgon liquefied natural gas plant off Western Australia in the second quarter for weld inspections and maintenance. Problems were discovered in propane kettles in Trains 1 and 2 at the three-train, 15.6 million tonnes a year plant...
Mar 11, 2021
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Chevron Invests In Sweden’s Baseload Capital AB, A Geothermal Development Company
Reportedly, Chevron Corporation (CVX) has announced an investment in a Sweden-based private investment company, Baseload Capital AB, building on the development and operation of low-temperature geothermal and heat power assets. The investment includes existing Baseload Capital investors Breakthrough...
Mar 03, 2021
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Chevron’s New Fund To Invest $300 Million Targeting Low-Carbon Technology Initiatives
Reportedly, Chevron Corp (CVX) has launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas aim to invest more in green energy and manage climate change. Energy giants are working on exploring investments in renewable energy & green technology reducing gre...
Feb 25, 2021
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Warren Buffett Discloses Increased Stake In Verizon, Chevron & More
Reportedly, Warren Buffett’s Berkshire Hathaway disclosed its new stake in Verizon Communications (VZ) with 147.6 million shares, a stake valued at around $8.6 billion at the end of 2020, according to a 13-F securities filing making it the 6th largest position in its portfolio. Berkshire Hathaway ...
Feb 18, 2021
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S&P Lowers Grades Chevron & Exxon Regarding Climate Risk
As per reports, S&P Global Ratings has lowered credit ratings of top U.S. oil producers including Chevron Corp (CVX), Exxon Mobil Corp, and ConocoPhillips, slipping the ratings to 'AA-,' due to the rising risk from energy transition and volatile commodity prices. The oil sector posted billions ...
Feb 17, 2021
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Chevron Offers To Acquire The Balance of Noble Midstream Partners LP
Reportedly, Chevron Corporation (CVX) has offered to buy the shares of Noble Midstream Partners LP that it does not already own for about $422 million, further tightening the integrated relationship. Chevron owns a majority of Noble Midstream with a 62% stake following its last year’s acquisition ...
Feb 09, 2021
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Chevron Reports Q4 Losses Of $11 Million
U.S Oil Giant, Chevron Corporation (CVX) reported Q4 results with an $11 million loss pushed by acquisition costs, low margins on fuel, and foreign currency effects. The company was, however, quick to respond to the crisis last year as it reduced 15% of its global workforce, cut down new project o...
Feb 04, 2021
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Chevron Announces Quarterly Dividend Date
The Board of Chevron Corporation (CVX) announced a quarterly dividend of one dollar and twenty-nine cents ($1.29) per share to all common stockholders at the close of business on February 17, 2021, payable on March 10, 2021. Dow 30 component Chevron Corporation (CVX), through its subsidiaries, en...
Feb 04, 2021
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Chevron Invests In Carbon Capture Start-Up Blue Planet Systems Corporation
Reportedly, Chevron Corporation (CVX) has made a Series C investment in Blue Planet Systems Corporation. The oil giant has also signed a letter of intent with Blue Planet regarding full assistance and cooperation on pilot projects and other commercial opportunities in major geographic locations with...
Jan 28, 2021
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Chevron Corporation Announces Q4 Earnings Release Date For Friday, January 29, 2021
As per reports, Chevron Corporation Corp (CVX) to conduct its fourth-quarter earnings conference call at 11:00 a.m. ET / 8:00 a.m. PT, on Friday, January 29, 2021. The event can be reached live at www.chevron.com. The meeting will be conducted by the senior leadership team. Interested parties can d...
Jan 13, 2021
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