|Bid||145.98 x 900|
|Ask||146.00 x 1100|
|Day's Range||142.61 - 146.27|
|52 Week Range||140.72 - 187.81|
|Beta (5Y Monthly)||1.16|
|PE Ratio (TTM)||10.83|
|Earnings Date||Jan 25, 2024 - Jan 29, 2024|
|Forward Dividend & Yield||6.04 (4.21%)|
|Ex-Dividend Date||Nov 16, 2023|
|1y Target Est||165.14|
Subscribe to Yahoo Finance Plus to view Fair Value for CVX
The Cyprus government and U.S. energy company Chevron have reached a deal on how to develop the Aphrodite gas field, the first to be discovered under the seafloor off Cyprus, an official Friday. The agreement is “mutually beneficial" for both Cyprus and the company, the Cypriot official told The Associated Press but did not disclose further details. The Cypriot energy ministry said in a statement Friday a letter from Chevron affirmed that both sides are in “alignment” regarding the “wider framework of the field's exploitation.”
Occidental Petroleum (NYSE: OXY) could be nearing a deal to buy privately held oil producer CrownRock. The Wall Street Journal reported that the oil giant was in the lead to buy the Permian Basin producer. The potential deal would be the latest in a wave of merger activity in the oil patch.
Occidental Petroleum appears to be the top contender to purchase a major Permian Basin producer, the latest oil consolidation move.