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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,
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,
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.
15h
Chevron and Exxon close lower, tariff impacts on Big Oil
Chevron (CVX) and Exxon Mobil (XOM) both closed lower after reporting earnings results, with steep declines in refining ...
1d
on MSN
Exxon, Chevron Yearly Profits Down as Investor Payouts Hit Fresh Highs
Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...
1d
Chevron adjusted earnings fall short of estimates
Texas-based energy giant Chevron reported fourth-quarter earnings of $3.2bn on Friday, an increase from $2.3bn a year earlier ...
22h
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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