U.S. supermajor Chevron (CVX) started production at its giant Wheatstone LNG project in Australia, while midstream operator Phillips 66 (PSX) announced a new $3 billion stock repurchase program. Home Mail Search News Cricket ...
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it …
Cash flow from operations also jumped 50 percent to $6.9 billion. Capital expenditures declined 24 percent to $3.9 billion. Chevron reported EPS of 77 cents, missing consensus analyst expectations of 87 cents. Revenue came in at $34.48 …
Chevron announced Wednesday it plans to buy back up to $15 billion of its own stock, returning to shareholders some of the windfall profit piling up from recent record-high oil prices. With this repurchase authorization, Chevron ties …
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Earlier this week, ConocoPhillips reported record fourth-quarter profits of $3.4 billion — a 66 percent gain, with a 2011 …
Before the opening bell on Friday morning, Chevron Corp (CVX) reported its third quarter results, posting higher earnings than last year’s Q3 results. CVX’s Earnings in Brief Chevron reported third quarter earnings of $5.6 billion, or $2.95 per ...
Chevron Corp. will buy back $1.17 billion worth of its own stock from Pennzoil Co. in exchange for some Gulf of Mexico …
It was a week where both oil and gas prices turned lower. On the news front, U.S. supermajor Chevron Corporation CVX started production at its giant Wheatstone LNG project in Western Australia, while energy pipeline and logistics …