Chevron Corp (CHV.BE)
| Previous close | 152.06 |
| Open | 153.64 |
| Bid | 153.30 x 0 |
| Ask | 153.46 x 0 |
| Day's range | 153.64 - 153.64 |
| 52-week range | 129.70 - 162.50 |
| Volume | |
| Avg. volume | 16 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 26 Apr 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
Exxon's Guyana 'mega-project' to fuel 'big growth': Strategist
Shares of Exxon Mobil (XOM) and Chevron (CVX) are trading lower on Friday as both companies revealed a dip in first quarter revenue compared to the same period last year. However, both companies beat Wall Street revenue expectations for the quarter. While some of the forecasts for these companies are mixed, upcoming projects have the potential to turn things around. Truist Managing Director of Energy Research Neal Dingmann joins The Morning Brief to give insight into the energy sector and what investors can expect from Exxon and Chevron moving forward. Dingmann explains that growth will be accelerated by two upcoming projects in particular: "They're going to have big growth...in Guyana and the Permian [Basin]. That's going to keep the remainder of their overall portfolio flat. Guyana is the one worth pointing out. If you look at the projects coming on through 2027 on a gross basis, which Exxon has 45% of this, that could do almost 1.2 billion barrels a day. You think that: the US alone is doing about 13 billion barrels. This is encroaching on over 10% of what the US alone could do with this project by 2027. That's why it's obviously a big deal on this litigation between Chevron and Exxon on the Hess deal. I cannot say enough about this Ghana project...It's a mega project to say the least. " For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Yahoo FinanceChevron, Exxon stocks fall as lower refining margins, falling natural gas prices hit profits
Chevron and ExxonMobil said EPS dropped from a year earlier as they grappled with lower natural gas prices and refining margins.
BloombergExxon Plunges After Surprise Refining Outlays Hurt Returns
(Bloomberg) -- Exxon Mobil Corp. plunged the most in six months after higher-than-expected maintenance costs diminished oil-refining results. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesExxon dropped as much
