- Editor's PickRick Newman•41 minutes ago
Plunging oil prices have punished energy stocks, and new measures to combat climate change could now present another underappreciated threat. The proven reserves of oil and gas are a common metric that helps determine their stock price and overall market value, with the presumption being that an oil company may be able to access 100% of its reserves, over time, as long as it can profitably sell that oil given market prices. The more reserves a company has, the more valuable it is, and big drillers such as Exxon Mobil (XOM) deliberately seek new reserves as one way to boost their value.
- Investor's Business Daily•2 hours ago
Crude futures turned negative Friday afternoon after rallying 2% earlier in the session, as comments from Federal Reserve officials whipsawed markets.
- Reuters•3 hours ago
U.S. economic growth was slightly more tepid than initially thought in the second quarter as businesses aggressively ran down inventories, offsetting a spurt in consumer spending. "The very slight downward revision to second-quarter GDP growth isn't too concerning, especially given that the more recent data point to a strong rebound in the third quarter," said Steve Murphy, an economist at Capital Economics in Toronto.
Chevron Corporation (CVX)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||101.01 x 300|
|Ask||101.02 x 100|
|Day's Range||100.86 - 102.49|
|52wk Range||74.31 - 107.58|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-253.18|
|Avg Vol (3m)||6,524,284|
|Dividend & Yield||4.28 (4.19%)|