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The Latest Breaking News from Mike Wirth

Chevron Stock Declines Despite Another Dividend Hike

Chevron stock is down Friday after the integrated energy company missed fourth-quarter profit expectations. Here's what you need to know.

Kiplinger

Chevron Warns White House That Russia, China Will Take Over Venezuelan Oil If Its License Is Revoked

Secretary of State Marco Rubio said the license should be reconsidered

Latin Times

U.S. oil giant's CEO is a fan of this nuclear energy technology and thinks there could be a role 'for a company like ours'

"And so I'm a fan of the technology. I want to see it be successful. I think the world needs it, and there could be a role for a company like ours."

Fortune

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Chevron CEO shares one of his leadership tips: Writing a ton of letters

“It’s important to me that I make sure people understand that I was paying attention and I really do value what they do.”

Fortune

Second-largest oil company ditches California for Texas to avoid increased regulations

Company cited Golden State’s regulations and climate lawsuit in decision to leave

The Independent UK

Chevron swears its relocation plans from California to Texas have nothing to do with politics

“It’s a move about what’s good for our company to compete and perform,” CEO Mike Wirth said.

Fortune

US Oil Giants' Profits Dip As Exxon Deal Nears Finish Line

ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's.

International Business Times

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Chevron Championship Prize Money Given Huge Boost With Winner Set To Receive Over $1 Million For The First Time

The first women's Major of the year benefitted from a couple of exciting decisions as Lilia Vu attempts to defend her title

Golf Monthly

Warren Buffett Is Buying This Dividend Aristocrat, Should You?

While Berkshire Hathaway was a net seller of stocks in Q4, chair Warren Buffett added more shares of energy giant Chevron. With a forward dividend yield of more than 4%, CVX looks like a dividend aristocrat worth buying in 2024.

Barchart

Climate activists confront Chevron CEO

Climate Defiance interrupted a corporate diversity event to call out Chevron CEO Mike Wirth

Salon

Chevron boss says his company has changed the quality of life on Earth for the better

Mike Wirth, an industry veteran, even described Chevron as “grounded in integrity and a deep belief in doing the right thing” before brushing off Big Oil critics and making a “real-world” case for fossil fuels.

Fortune

Chevron CEO says we're headed for oil at $100—but is confident consumers can handle it

Why are gas prices so expensive? When will gas get cheaper? Where can you get the cheapest gas? Here's what you need to know.

Fortune

Chevron Reports 47% Decline In Q2 Earnings, Announces Management Changes

Chevron's Q2 adjusted earnings beat estimates as CEO tenure extended

Zenger

Is Chevron a Buy With Latest Deal for Shale Growth?

Chevron’s all-stock deal to buy PDC Energy looks like a slam dunk. The only fly in the ointment for the oil giant is an uncooperative economy combined with a lower price per barrel of oil.

Barchart

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The Guardian - US

Oil company profits boom as Americans reel from high fuel prices

ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn

WEKU

How a massive refinery shortage is contributing to high gas prices

Oil refineries have lost capacity over recent years, making it nearly impossible to increase supply and stabilize gas prices at the pump.

Tribune News Service

‘Constructive’ talk but no deal as Granholm meets oil execs

A meeting on Thursday of oil company executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices and refining capacity was “constructive,” even as it failed to produce a policy to address prices at the pump, industry leaders said.

Roll Call

'Constructive' talk but no deal as Granholm meets oil execs - Roll Call

A meeting of oil executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices did not produce an agreement.

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Axios

Why Biden can't bring gas prices down

Its conflicting goals are resulting in mixed messages and rising tensions with the energy industry.

Tribune News Service

Refiners led by Exxon face Biden’s wrath as profits explode

Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as U.S. President Joe Biden lambastes the industry for closing plants.

Benzinga

Stock Wars: Chevron Vs. ExxonMobil

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

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