Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
US supermajor Chevron reported earnings of $3.2 billion during the fourth quarter of 2024, below analysts estimates, amid a loss in its refining business, the company said on Friday.
Chevron and GE Vernova plan 4GW of gas power plants for data centres, targeting AI's massive electricity needs with first facilities launching in 2027 ...
Exxon Mobil exceeded Wall Street's expectations for its fourth-quarter profit despite lower oil prices and weak refining margins.
U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on ...
Chevron reported fourth-quarter earnings that missed analysts’ expectations. The stock fell in premarket trading. The oil ...
Chevron touted “record production” as well as stock buybacks and announced an increase in its quarterly dividend.
That's the record amount Exxon Mobil distributed to shareholders last year, despite a fall in annual profit. Meantime, rival Chevron boosted dividends and share repurchases to $27 billion. Dig deeper: ...
Revenue of $52.23B beat consensus of $46.75B. Production down in Q4, up 7% in 2024. Adjusted EPS of $2.06 misses consensus. Dividend increased by 5%.
Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...
Chevron posted fourth-quarter profits that fell short of Wall Street's estimates, but the energy giant's revenue surpassed expectations.
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.