123.64 0.00 (0.00%)
After hours: 5:35PM EDT
|Bid||123.66 x 1200|
|Ask||124.95 x 800|
|Day's Range||123.49 - 125.11|
|52 Week Range||100.22 - 128.55|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||17.09|
|Earnings Date||Jul 25, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||4.76 (3.81%)|
|1y Target Est||140.05|
Enterprise Products (EPD) announces that net proceeds from notes offerings will be employed for capital investments to support organic growth.
With expansion of operations in the Middle East, Chevron Phillips Chemical, formed by Chevron (CVX) and Phillips 66 (PSX), will capitalize on the mounting need for petrochemical products.
“The supply is going to be abundant,” Chevron's downstream president said of the Permian Basin. “So if you can take advantage of that crude as close to the source as possible, that will be the greatest incentive to invest.”
Chevron CEO Mike Wirth doesn't drive an electric car, but the Dow energy giant is investing in charging stations. His truck could get an electric model soon.
Investing.com - Stocks basically stood still on Monday after a weekend of worry about global economic concerns and relief, perhaps, the United States didn't attack Iran over the downing of a spy drone last week.
The ethane cracker would be the largest in the Middle East — and one of the largest in the world — according to Reuters.
BP’s (BP) has the highest percentage of debt in its capital structure. In the first quarter, BP’s total debt-to-capital ratio stood at 43%, the highest among its peers. ExxonMobil (XOM) and Chevron (CVX) had lower ratios of 17% and 18%, respectively.
Disturbances in Iran intensified on Jun 13, when two oil tankers were set on fire in the Strait of Hormuz, for which the United States blamed Tehran.
Qatar Petroleum has signed an agreement with Chevron Phillips Chemical to build a new petrochemicals complex, part of plans by the world's top liquefied natural gas (LNG) exporter to broaden its energy interests. The project highlights how Middle East oil producers are expanding further into petrochemicals, used in the production of plastics and packaging materials, to move into new markets and find new sources of income beyond exporting crude oil and natural gas. Saudi Arabia's and UAE's national oil companies have both already announced plans to boost their refining capacity and petrochemicals operations.
Chevron CEO Mike Wirth explains when to abandon a deal after he walked away from a bidding war with Occidental to acquire Anadarko Petroleum.
The Woodlands-based Chevron Phillips Chemical Company LLC — a joint venture between California-based Chevron Corp. (NYSE: CVX) and Houston-based Phillips 66 (NYSE: PSX) — reportedly has made a multibillion-dollar offer to acquire Nova Chemicals Corp. People familiar with the matter told Reuters that the offer totaled more than $15 billion, including debt, for the Canada-based plastics company, but there's no certainty that Abu Dhabi’s sovereign wealth fund Mubadala Investment Co., which owns Nova, will accept the deal. It's also possible that another bidder could still emerge or that Mubadala could decide to retain a stake in Nova, some of the sources added.
U.S. and Iranian officials said the latter downed a U.S. military drone near the Strait of Hormuz on Thursday. These sector ETFs and stocks are likely to gain.
There isn't a lot of gas production capacity on the East Coast, so the refinery explosion in Philadelphia could push up gas prices.
As the fate of crude exploration and production companies is positively correlated with the commodity price, the recent oil rally therefore perks up the crude weighted-stocks.
Chevron (CVX) has the second-lowest percentage of debt in its capital structure after ExxonMobil (XOM). In the first quarter, Chevron’s total debt-to-capital ratio stood at 18%, whereas ExxonMobil’s ratio stood at 17%.
An explosion and fire at rocked largest refinery complex on the East Coast in Philadelphia Friday morning. That sent gasoline prices higher as the summer driving season kicks off. GasBuddy's Dan McTeague talks to Yahoo Finance's Julie Hyman and Adam Shapiro.