|Bid||258.15 x 0|
|Ask||0.00 x 0|
|Day's Range||258.35 - 258.35|
|52 Week Range||207.80 - 271.50|
|PE Ratio (TTM)||75.21|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Chevron Corp has reached preliminary agreement with oil services firm Schlumberger NV to drill six wells in a Brazilian offshore field, two sources said this week, in a bid to lift its output in the South American country after a 2011 oil spill there cut production. Six wells would be drilled in the Frade field in Brazil's offshore Campos basin, and work should begin in early 2019, the sources said. The agreement, which awaits approval by Chevron's board, covers drilling, drill bits, cementing and well data collection, they said.
Shares of ConocoPhillips (COP) are higher on Thursday, helped by a bullish note from Goldman Sachs. Analyst Neil Mehta and his team upgraded ConocoPhillips from Neutral to Buy, and raised their price target from $53 to $60. The move is part of their more upbeat outlook for North American oil majors in general, as they boosted their rating on the group from Neutral to Attractive.
WASHINGTON (AP) — President Donald Trump's pick to oversee chemical safety at the Environmental Protection Agency withdrew his nomination Wednesday after bipartisan opposition made his Senate confirmation unlikely.
Rating Action: Moody's affirms Seadrill Partners at Caa2, outlook changed to stable. Global Credit Research- 13 Dec 2017. London, 13 December 2017-- Moody's Investors Service, today affirmed Seadrill Partners ...
The Zacks Analyst Blog Highlights: Chevron, Bill Barrett, Helmerich & Payne and Eclipse Resources
Initiating coverage of 38 U.S. exploration and production, or E&P, companies — as well as Chevron Corporation (NYSE: CVX ) and Exxon Mobil Corporation (NYSE: XOM ) — Credit Suisse said it sees relative ...
Britain's biggest pipeline from its North Sea oil and gas fields is likely to be shut for several weeks for repairs, its operator said on Tuesday, disrupting gas flows and sending international crude prices to their highest since mid-2015. "We are working to get the pipeline restored to full operation as quickly as we can safely do so... We have previously indicated a time frame of three to four weeks and we believe it is no less than two," operator INEOS said in a email to customers seen by Reuters. It has particular significance to global markets because Forties is the largest out of the five crude oil streams that underpin the dated Brent benchmark, against which other crude prices are broadly based.
Chevron (CVX) set its 2018 capital budget at $18.3 billion, down 4% from its projected spending this year, while Bill Barrett (BBG) and Helmerich & Payne (HP) struck separate acquisition deals.
The Dow Jones Industrial Average was set to open higher on Tuesday on gains from oil-related stocks and Boeing, while the S&P 500 and the Nasdaq futures pointed to a flat opening ahead of the Federal Reserve's policy meeting. The benchmark Brent crude, gained more than 1.65 percent to rise above $65 a barrel for the first time since mid-2015 after an unplanned shutdown of the UK's biggest North Sea oil pipeline.
Chevron Corporation (CVX) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
LONDON/NEW YORK, Dec 12 (Reuters) - BHP , the world's largest miner, has asked four investment banks to help it prepare for either a sale or spin-off of its underperforming U.S. shale oil and gas unit, with a view to taking a decision in early 2018, sources said. It has hired Barclays and Bank of America-Merrill Lynch to assess options for the sale of assets, including whether they would be sold together or separately, as they may appeal to different potential buyers, the sources said. It has also asked Citi and Goldman Sachs to research the potential spin-off of the unit into a new company, the sources added.
Your stocks to watch this week are five industrial names near buy points: Dow components Chevron and 3M along with Vale, Terex and Manitowoc.
The Dow Jones Industrial Average saw early gains firm on Monday, buoyed by early share rises in Walt Disney Co., Chevron Corp., and 3M Co. Shares of those Dow components were adding about 30 points to ...
While oil stock dividends are down significantly in recent years due to lower prices, these five producers offer attractive yields that they can easily support at current oil prices.
Chevron Corp.’s Senior Economist Adam Karson may have put down a deposit on a Tesla 3 but he doesn’t see electric cars upending his employer’s business any time soon.
Oil major Chevron, leading refiner Valero and Delta Air Lines have complained to the U.S. energy watchdog about fees Colonial Pipeline charges to ship gasoline, diesel and jet fuel over its fuel network, the country's largest. The 917-page complaint, filed last month with the Federal Energy Regulatory Commission (FERC), says Colonial's fees "greatly exceed just and reasonable levels". The complaint could lead to the first regulatory reexamination of Colonial Pipeline's rates in nearly 20 years, at a time when the line's importance for delivering refined products to the Northeast and Southeast United States has come into sharp focus.
For 2018, Chevron (CVX) expects to spend $18.3 billion on capital expenditure of which a little over 86% is planned to be incurred in its upstream operations.
The Dow endured a volatile week even as Republicans tasted success on the tax legislation front.
The Interior Department said Thursday it is delaying an Obama-era regulation aimed at restricting harmful methane emissions from oil and gas production on federal lands. A rule being published in the Federal ...
Bitcoin soared above $17,000 Thursday, plowing further into uncharted territory in a rally that has pushed up the cryptocurrency more than 1,600% since the beginning of the year.
Exxon Mobil Corp and Chevron Corp paid no tax in Australia in the 2016 financial year, the third year in a row, despite reporting billions of dollars in income from operations in the country, a report from the tax office showed on Thursday. Exxon Mobil, which has oil and gas production in the Bass Strait and a stake in the giant Gorgon LNG project among other assets in Australia, reported A$6.7 billion (3.73 billion pounds) in income, but it reported a loss for taxable income and paid no tax, similar to the previous two years. Exxon said it had no taxable income as it has invested nearly A$18 billion over the past few years on major projects including Gorgon and the Kipper Tuna Turrum field.