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Chevron profit disappoints

Chevron profit disappoints as refining posts first loss in four years

Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business into a loss for the first time since 2020. CEO Mike Wirth told Reuters the post-pandemic surge in fuel margins had run its course,

MarketWatch on MSN · 21h

Chevron logs its first refining loss in four years, sending stock lower

Chevron Corp.’s stock fell 2% early Friday, after the oil company’s downstream-refining business delivered its first loss in four years, hurt by lower margins on oil sales. The company also missed profit estimates for the fourth quarter,

YAHOO!Finance · 19h

Chevron Posts First Refining Loss in Four Years, Shares Drop

Chevron Corp. ( CVX, Financials) reported its first refining loss in four years as part of its fourth-quarter earnings, leading to a 3.7% drop in its stock price to $150.54 as of 12:00 p.m. ET Friday trading.

21h

Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom

Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers threatens to make the refining business even worse.Most Re ...

Chevron Posts Mixed Financial Results, Raises Dividend By 5%

Along with its latest financial results, Chevron raised its quarterly dividend by 5% to $1.71 U.S. per share. Chevron's stock is currently trading at $156.32 U.S. per share, having risen 6% over the ...

13h

Energy Down After Exxon, Chevron Earnings and Amid Tariff Fears -- Energy Roundup

Shares of energy companies fell after mixed earnings and amid fears of universal tariffs. The annual profits of Exxon Mobil and Chevron fell in 2024, as anemic natural-gas prices and narrowed refining ...

17h

Chevron Corporation (CVX) Q4 2024 Earnings Conference Call Transcript

Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ETCompany ParticipantsJake Spiering - Head, IRMike Wirth ...

Chevron Earnings Are Coming. Why Results Won’t Answer All of Investors’ Questions.

A few big questions hang over Chevron as it prepares to report fourth-quarter earnings on Friday. The company’s planned acquisition of Hess is in limbo; the Trump administration may attempt to curtail ...

20h

Exxon, Chevron earnings: Analyst eyes oil giants' free cash flows

Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) ...

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