Chevron is an integrated energy company with exploration, production, and refining operations worldwide. Chevron is the second- largest oil company in the U.S. with production of 2.8 million of barrels of oil equivalent a day, including 6.8 million cubic feet a day of natural gas and 1.7 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries in the U.S. and Asia have a total refining capacity of 1.7 million barrels of oil a day. Proven reserves at year-end 2019 stood at 11.4 billion barrels of oil equivalent, including 6.5 billion barrels of liquids and 29.5 trillion cubic feet of natural gas.
| Website: | www.chevron.com |
| Email: | invest@chevron.com |
| Main Phone: | +1 925 842-1000 |
| Address: | 6001 Bollinger Canyon Road |
| Address 2: | P.O Box 2844 |
| State: | CA |
| City / Town: | San Ramon |
| Country: | US |
| Postal Code: | 94583-2324 |
| Exchange: | NYE |
| CEO: | Michael K. Wirth |
| Employees: | 13379 |
| NAICS: | Crude Petroleum Extraction(211120) |
The transaction values Noble Midstream Partners at $1.32 billion.
Berkshire disclosed an $8.6 billion stake in Verizon Communications and a $4.1 billion position in Chevron Corp.
The company presented steep targets for reducing carbon intensity between 6% and 8% by 2023, 20% by 2030, 45% by 2035 and a full 100% by 2050. Oil production is expected to decline 1% to 2% each year.
About 600 gallons of a petroleum-water mixture spilled into San Francisco Bay from Chevron's Richmond refinery.
Dow Industrials lost 0.5%, and the Russell 2000 slipped 0.1%. Tech stocks bucked the trend, with the Nasdaq composite gaining 0.4%.
The company said it expects its total capital and exploratory budget through 2025 to be between $14 billion and $16 billion, down from the previous forecast of $19 billion to $22 billion.
The second-largest U.S. oil producer reported earnings of $201 million, or 11 cents per share, excluding one-time items. Analysts had expected a loss of 27 cents for the quarter.
Hurricane Delta's winds reached 145 mph as it sped toward the Gulf of Mexico.
Chevron is now officially the second largest U.S. shale oil producer, with international natural gas reserves close to growing markets.
The deal comes as U.S. shale companies have posted big losses on weak crude prices amid the COVID-19 pandemic and have struggled to raise new capital to restructure debt.
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. Chevron is the second- largest oil company in the U.S. with production of 2.8 million of barrels of oil equivalent a day, including 6.8 million cubic feet a day of natural gas and 1.7 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries in the U.S. and Asia have a total refining capacity of 1.7 million barrels of oil a day. Proven reserves at year-end 2019 stood at 11.4 billion barrels of oil equivalent, including 6.5 billion barrels of liquids and 29.5 trillion cubic feet of natural gas.
| Website: | www.chevron.com |
| Email: | invest@chevron.com |
| Main Phone: | +1 925 842-1000 |
| Address: | 6001 Bollinger Canyon Road |
| Address 2: | P.O Box 2844 |
| State: | CA |
| City / Town: | San Ramon |
| Country: | US |
| Postal Code: | 94583-2324 |
| Exchange: | NYE |
| CEO: | Michael K. Wirth |
| Employees: | 13379 |
| NAICS: | Crude Petroleum Extraction(211120) |
The transaction values Noble Midstream Partners at $1.32 billion.
Berkshire disclosed an $8.6 billion stake in Verizon Communications and a $4.1 billion position in Chevron Corp.
The company presented steep targets for reducing carbon intensity between 6% and 8% by 2023, 20% by 2030, 45% by 2035 and a full 100% by 2050. Oil production is expected to decline 1% to 2% each year.
About 600 gallons of a petroleum-water mixture spilled into San Francisco Bay from Chevron's Richmond refinery.
Dow Industrials lost 0.5%, and the Russell 2000 slipped 0.1%. Tech stocks bucked the trend, with the Nasdaq composite gaining 0.4%.
The company said it expects its total capital and exploratory budget through 2025 to be between $14 billion and $16 billion, down from the previous forecast of $19 billion to $22 billion.
The second-largest U.S. oil producer reported earnings of $201 million, or 11 cents per share, excluding one-time items. Analysts had expected a loss of 27 cents for the quarter.
Hurricane Delta's winds reached 145 mph as it sped toward the Gulf of Mexico.
Chevron is now officially the second largest U.S. shale oil producer, with international natural gas reserves close to growing markets.
The deal comes as U.S. shale companies have posted big losses on weak crude prices amid the COVID-19 pandemic and have struggled to raise new capital to restructure debt.
| Last Price 109.00 | Change $ 4.50 | Change % 4.31 | Tick N/A |
| Bid 108.86 | Bid Size 1,000.00 | Ask 109.06 | Ask Size 100.00 |
| Open 106.96 | High 109.13 | Low 106.15 | Prev Close 104.50 |
| Last Trade | Volume 23.6 mi | 52 Wk Hi 109.13 | 52 Wk Low 51.60 |
| Market Cap 210 bi | Ex-Div Date | Div Rate 5.16 | Yield 4.7340 |
| Shares 1,926,376,764.00 | EPS (TTM) -2.96 | PE Ratio -36.80 | Exchange NYSE |
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|
| Last 3 Mo | Last 12 Mo | |
|---|---|---|
| Number of Insider Trades | 20 | 60 |
| Number of Buys | 9 | 29 |
| Number of Sells | 11 | 31 |
| Net Activity | -2800 | -5306 |
| Last 10 Buys | Shares |
|---|---|
| Inge G. Thulin | 1,000 |
| Joseph C. Geagea | 1,000 |
| Joseph C. Geagea | 1,000 |
| Charles W. Moorman | 1,000 |
| Pierre R. Breber | 1,000 |
| John G. Stumpf | 1,000 |
| Robert E. Denham | 1,000 |
| James Blackwell | 1,000 |
| Linnet F. Deily | 1,000 |
| Linnet F. Deily | 1,000 |
| Last 10 Sell | Shares |
|---|---|
| James William Johnson | 1,000 |
| Pierre R. Breber | 1,000 |
| Patricia E. Yarrington | 1,000 |
| Joseph C. Geagea | 1,000 |
| Joseph C. Geagea | 1,000 |
| R Hewitt Pate | 1,000 |
| Michael K. Wirth | 1,000 |
| Joseph C. Geagea | 1,000 |
| R Hewitt Pate | 1,000 |
| Pierre R. Breber | 1,000 |
| Current | 1 Week Ago | 2 Weeks Ago | 3 Weeks Ago | |
|---|---|---|---|---|
| High Target Price Estimate | 160 | 160 | 160 | 160 |
| Low Target Price Estimate | 128 | 128 | 128 | 128 |
| Mean Target Price Estimate | 147.38 | 147.56 | 147.56 | 148.56 |
| Standard Deviation | 9.36 | 8.78 | 8.78 | 9.99 |
| Date of Most Recent Estimate | 05/21/18 | 05/21/18 | 05/21/18 | 06/11/18 |
| Form Type | Form Description | Pages | Date |
|---|---|---|---|
| 8-K | Report of unscheduled material events or corporate changes. | 4 | 2018-06-04 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| 4 | Statement of changes in beneficial ownership of securities | 1 | 2018-06-01 |
| Current | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|
| Strong Buy | 13 | 13 | 13 | 13 |
| Moderate Buy | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 4 | 4 |
| Moderate Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Mean Rec. | 1.38 | 1.38 | 1.47 | 1.47 |
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