|Bid||105.15 x 100|
|Ask||107.82 x 100|
|Day's Range||105.81 - 106.92|
|52 Week Range||97.53 - 119.00|
|PE Ratio (TTM)||69.02|
|Earnings Date||Oct 26, 2017 - Oct 30, 2017|
|Dividend & Yield||4.32 (4.08%)|
|1y Target Est||116.62|
The departure of Chevron CEO John Watson underscores the dramatic shift under way at big oil companies as they adapt to a prolonged period of lower prices brought about by the U.S. shale boom.
John Watson, chief executive of Chevron, is expected to step down next month, after soaring cost overruns at some of the company's largest projects. Mr Watson, 60, is likely to be replaced by Michael Wirth, ...
Chevron Corp Chief Executive John Watson will step down by the end of next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters on Tuesday. In Wirth, Chevron would pivot to a leader with experience in refining, where costs are regularly scrutinized down to the fraction of a penny. Chevron's shares are up about 35 percent since Watson took over as CEO in January 2010, but the Dow Jones industrial average has more than doubled in that time.