The Latest Breaking News from Chevron Corporation

Recent banking turmoil and rising interest rates have weighed heavily on investors’ sentiment lately. However, weak economic data signaling slowing growth could result in relatively easy monetary policies in the second half of 2023. Given the macroeconomic backdrop, investors could consider adding fundamentally sound low P/E stocks Pfizer (PFE), Chevron…

U.S. oil majors Exxon Mobil Corp (NYSE: XOM) and Chevron Corporation (NYSE: CVX) both reported impressive third-quarter numbers last week, with each company beating consensus earnings estimates by roughly 15%.

Worries over surging inflation, the Fed’s hawkish tilt, and growing odds of a recession weighed on investor sentiment, pushing the Dow Jones Industrial Average index into bear territory. Amid the risk-off environment, Dow Jones stocks Dow Inc. (DOW), Intel (INTC), and Chevron (CVX) are the worst performers so far this…

The U.S. extended a limited license held by Chevron Corporation (NYSE: CVX), allowing it to maintain its operations in Venezuela and negotiate future business.

Chevron Corporation (NYSE: CVX) posted better-than-expected first-quarter earnings as profits rose nearly fourfold from last year amid a record surge in U.S. gas prices and a spike in global crude linked to Russia's invasion of Ukraine.  

Exxon Mobil Corp (NYSE: XOM) is the largest oil company by market capitalization and the biggest of the “Super-Majors,” which includes Chevron Corporation (NYSE: CVX), according to RBC Capital Markets.

Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) both reached all-time highs this week, with Exxon soaring up to $76.01 and Chevron hitting $137 on Thursday.

Chevron Corporation (NYSE: CVX) shares are trading lower by 3.41% at $131.75 after the company reported worse-than-expected fourth-quarter EPS results.

Some of the stocks that may grab investor focus today are: Wall Street expects Chevron Corporation (NYSE: CVX) to report quarterly earnings at $3.10 per share on revenue of $44.80 billion before the opening bell. Chevron shares rose 0.3% to $135.74 in pre-market trading.