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Chevron reports record annual profit as oil prices surge
Chevron Corp. CVX - 3.52% had its most profitable year in a single year since 2014, reporting Friday that it earned $15.6 billion in net income in 2021, as commodity prices surged on the back of a global economic recovery. Chevron Corp. CVX - 3.52% ...
Updated: 01/28/2022
Chevin profits miss Wall Street, outlook outlook weak
... Rousecester Huang Riy Riyazean Corp CVX.N reported a fourth quarter profit that missed Wall Street estimates and offered a weak outlook for this year's oil and gas production, sending its shares lower. REUTERS Mike Blake HOUSTON, Jan 28 Reuters - Chevron Corp CVX.N reported a fourth quarter profit that missed Wall Street estimates and offered a weak outlook for this year's oil and gas production, sending its shares lower. The first major oil company to report fourth quarter earnings was $5.1 ...
Updated: 01/28/2022
Dogs of the Dow: the most active tickers on the market
... quarter to grow. What are the opinions of analysts about Apple. Robinhood Markets HOOD, slumped 14% in the premarket after the online broker's results disappointed investors. Robinhood shares have dropped 85% from their August peak. One Dog of the Dow, Chevron, fell as the oil major missed earnings estimates. There is a crowded slate of economic data, with the personal income data which includes the personal-consumption expenditures price index at 8: 30 a.m. Eastern, along with the employment cost index,...
Updated: 01/28/2022
Federal judge invalidates Gulf of Mexico lease sale
... offshore acres 37.4 million hectares in the Gulf of Mexico in an auction last November. The sale generated more than $190 million, the highest since 2019, on 1.7 million acres sold. It drew bids from U.S. oil majors, including Exxon Mobil Corp XOM.N and Chevron Corp CVX.N Thursday, after the environmental group Earthjustice challenged the sale on behalf of four other green groups, arguing that U.S. President Joe Biden 's Interior Department did not accurately consider greenhouse gas emissions that ...
Updated: 01/28/2022
Premarket: Chevron, Charter Communications and more
Some of the stocks that may grab investor attention this may grab shareholder attention this week's Chevron Corporation NewSE: CVX to report quarterly earnings of $3.10 per share on revenue of $44.80 billion before the opening bell. Some of the stocks that may grab investor attention today are: Wall Street expects that Chevron Corporation NYSE: CVX to report ...
Updated: 01/28/2022
5 things to know before the stock market opens today
... traded mixed in early pre-market trade after the Nasdaq dropped by 1.4% in the previous session. Apple Inc. reported better than expected results for its first quarter after the closing bell on Thursday. The investors are waiting for the earnings of Chevron Corporation NYSE: CVX Charter Communications , Inc. NYSE: CHTR Colgate-Palmolive Company NYSE: Phillips 66 NYSE: PSX Data on personal income and outlays for December to be released at 8: 30 a.m. The employment cost index for the fourth quarter is ...
Updated: 01/28/2022
Federal court rejects proposed Gulf of Mexico lease sale
... can't continue to invest in the fossil fuel industry in the peril of our communities and warming planet. The agency is reviewing the decision, according to a spokeswoman for Interior Secretary Deb Haaland . In November, Shell, Shell RDS.A, BP BP , Chevron CVX and ExxonMobil XOM offered a combined $192 million for drilling rights on federal oil and gas reserves in the Gulf of Mexico . The Interior Department auction came after attorneys general from Republican states led by Louisiana challenged ...
Updated: 01/28/2022
US judge invalidates offshore oil and gas lease sale
... Court for the District of Columbia. The federal oil and gas lease auction of some 80 million acres 37.4 million hectares had generated more than US $190 million, the highest since 2019 and drawn bids from US oil majors including Exxon Mobil Corp and Chevron Corp. The decision by United States District Judge Rudolph Contreras came after environmental group Earthjustice challenged the sale, arguing that the administration of President Joe Biden did not accurately consider greenhouse gas emissions ...
Updated: 01/28/2022
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