- Reuters•3 hours ago
A Toronto court has rejected a bid by Ecuadorian villagers to enforce a judgment in their home country against Chevron Canada Ltd, ruling the subsidiary is not liable for parent Chevron Corp, the U.S. oil major said on Friday. Residents of Ecuador's Lago Agrio region have been trying to force Chevron to pay for water and soil contamination caused from 1964 to 1992 by Texaco, which Chevron acquired in 2001. The villagers obtained a $9 billion judgment against Chevron in Ecuador in 2011.
- Reuters•8 hours ago
A Canadian court has rejected an attempt by Ecuadorian communities to enforce a judgment against Chevron Corp they obtained in their home country, saying the company's local subsidiary is not liable for the parent, Chevron said on Friday. The decision in the Ontario Superior Court of Justice came after the company last year persuaded a federal appeals court to block enforcement of the judgment in the United States, which it says was obtained through bribery and fraud. The rulings dealt a blow to some Ecuadorian communities and American lawyer Steven Donziger, who has spent more than two decades battling Chevron to hold it responsible for pollution in the Ecuadorean rain forest.
- Business Wire•9 hours ago
A Canadian court has ruled that the fraudulent Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary. The court found that Chevron Canada Limited is a separate entity from Chevron Corporation, not a party to the Ecuadorian lawsuit and not a debtor to the judgment.
CVX : Summary for Chevron Corporation Common Stoc - Yahoo Finance
Chevron Corporation (CVX)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||115.34 - 116.75|
|52 Week Range||79.85 - 119.00|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-144.14|
|Dividend & Yield||4.32 (3.73%)|
|1y Target Est||N/A|