There are two key reasons the Dow Jones Industrial Average is still up, when the other major market indexes are down--Goldman Sachs Group Inc. and Chevron Corp. . Goldman's stock soared $4.78, or 2.2%, to a nine-year high, as the …
Investors agreed. Chevron stock, which has almost doubled in the last year, largely because of takeover rumors, fell $5.75 a share, to $66.25, on the New York Stock Exchange. Pennzoil, meanwhile, rose 62 cents, to $83.25. Houston-based …
Energy drives the U.S. economy, and Chevron (NYSE: CVX) is in the topmost tier of oil and gas companies across the globe because of its exposure to the oil and gas industry. With upstream exploration and production activities, …
Jack & St Malo, which began production in 2014 on time and under budget, required several technologies that were new to the operator and included several industry firsts, said Travis Flowers, the project's asset manager for Chevron. At a …
(Reuters) - Oil and natural gas producer Chevron Corp <CVX.N> said it would give its top executive fewer stock options after shareholders expressed concern about executive pay. Oil companies have been restructuring pay packages of …
NORTHVILLE, Mich. (AP) – A former lawyer intrigued by the global demand for energy says he chose to invest $100,000 in oil giant Chevron Corp. back in 2004, a smart stock bet that now would have doubled seven years later. But Perry …
SAN RAMON – Big Oil’s profits keep getting bigger. Chevron Corp. said Friday its second-quarter earnings soared to a new high of $4.35 billion – up a whopping 18 percent from the same period last year. It was the largest three-month …
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 …
While earnings remained front and center in the week, the top stories were about Chevron Corp.'s (NYSE: CVX) major oil find in deepwater Gulf of Mexico and Royal Dutch Shell plc's (RDS.A) asset sales in Nigeria. Overall, it was another …
WILLISTON, N.D. - Occidental Petroleum Corp Chief Executive Stephen Chazen quipped on Thursday that his larger rival Chevron Corp was too poor to buy the No. 4 U.S oil producer, but the offhand remark sent Oxy's stock up anyway. …