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Chevron Corporation (CVX)

- NYSE
  • Nov. 13, 2012, 3:59 PM
    Ukraine plans to sign production sharing agreements next month with Chevron (CVX), Exxon Mobil (XOM) and Royal Dutch Shell (RDS.A, RDS.B) to develop shale gas and offshore fields, according to a top official. Ukraine already has picked CVX to develop the Olessky shale field, with projected capacity of up to 1.5MMcf of gas, and Shell for the Yuzovsky shale field, storing up to 2MMcf of gas.
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  • Nov. 12, 2012, 12:18 PM
    Chevron (CVX -0.2%) is “in midst of reviewing” the costs of its own large Australian natural gas project, Gorgon, Tudor Pickering analysts say after Exxon Mobil (XOM -0.2%) revealed the cost of its natural gas project in Papua New Guinea had increased 21% to $19B. CVX's originally projected $37B costs for Gorgon could reach $45B, the firm says.
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  • Nov. 12, 2012, 6:31 AM
    Iraq believes it can boost oil production to 9M bpd by 2018 from 3.25M bpd currently and even exceed 12M bpd, Oil Minister Abdul Kareem Luaiby says. Luaiby reckons reaching that capacity would require investment of $130B-$150B, which "could be shouldered by the foreign companies developing our fields."
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  • Nov. 11, 2012, 4:36 AM
    Chevron (CVX) has filed a motion in Argentina requesting the revocation of a court order seizing the company's assets in the country. The order is related to attempts by Ecuadorean plaintiffs to collect on an $18B judgment won last year in a lawsuit over pollution in the Amazon rainforest. The Argentina case comes as Chevron considers investing in the nation's shale resources.
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  • Nov. 7, 2012, 5:26 PM
    An Argentine judge orders the seizure of all Chevron's (CVX) assets in the country, according to a lawyer representing Ecuadorean plaintiffs attempting to collect an $18B judgment won last year in a lawsuit over pollution in the Amazon rainforest. CVX says it is unaware of either a filing by the plaintiffs or a court order in Argentina.
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  • Nov. 6, 2012, 5:36 PM
    A new study identifies immense oil and gas resources - 3,324MMcf of natural gas, 58.6B barrels of gas liquids and 423.6B barrels of oil - in Alberta's emerging shale prospects, suggesting a string of recent takeovers and land buys will yield impressive production gains for major oil companies including Encana (ECA), Chevron (CVX) and Talisman (TLM).
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  • Nov. 2, 2012, 5:48 PM
    Chevron's (CVX -2.7%) pullback after disappointing Q3 results exacerbated by a host of unusual problems may offer an entry point to a stock trading at a 52-week high just over a month ago, analysts say. CVX is UBS’ preferred pick among U.S. oil majors as it has the least exposure to refining, and Edward Jones’ likes CVS'x big development projects coming to fruition in 2014.
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  • Nov. 2, 2012, 3:27 PM
    Chevron (CVX -3.1%) says its 240K bbl/day Richmond, Calif., refinery that caught fire in August is expected to be back on line in Q1 2013. In September, CVX said a corroded pipe was the focus of the investigation, and officials say they're waiting for test results to confirm it.
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  • Nov. 2, 2012, 11:58 AM
    Chevron (CVX -1.7%) says its Angolan subsidiary declared force majeure at the Kuito offshore oil terminal because of a fault with a mooring line. CVX is one of the west African country's top oil producers at ~1.8M bbl/day and typically loads two 920K-barrel tankers per month from its Kuito platform.
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  • Nov. 2, 2012, 9:09 AM
    More on Chevron's (CVXQ3 results: Misses on earnings and revenues are blamed on lower crude prices and a heavy period of planned oilfield maintenance. Worldwide production was 2.52M boe/day vs. 2.6M boe/day in the year-ago quarter. Average sales price/bbl of crude oil and natural gas liquids was $91 vs. $97 a year ago. Downstream operations earned $456M vs. $704M a year ago. CVX -0.5% premarket.
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  • Nov. 2, 2012, 8:31 AM
    Chevron (CVX): Q3 EPS of $2.69 misses by $0.20. Revenue of $58.04B (-9.1% Y/Y) misses by $5.9B. (PR)
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  • Nov. 2, 2012, 12:05 AM
    Notable earnings before Friday’s open: ALU, ANR, ARCO, BEAM, BGCP, BPL, BPO, CTB, CVX, DNDN, FIG, HES, HUN, ITT, MHP, NI, NRF, NRG, NVAX, NVE, RL, SEE, SSYS, TRI, VIAB, VRX, WCRX, XEC, YRCW
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  • Nov. 1, 2012, 5:30 PM
    Notable earnings before Friday’s open: ALU, ANR, ARCO, BEAM, BGCP, BPL, BPO, CTB, CVX, DNDN, FIG, HES, HUN, ITT, MHP, NI, NRF, NRG, NVAX, NVE, RL, SEE, SSYS, TRI, VIAB, VRX, WCRX, XEC, YRCW
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  • Oct. 31, 2012, 6:15 PM
    Chevron (CVX) declares $0.90/share quarterly dividend, in line with previous. Forward yield 3.27%. For shareholders of record Nov 16. Payable Dec 10. Ex-div date Nov 14. (PR)
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  • Oct. 31, 2012, 2:23 PM
    Plaintiffs from Ecuador will sue Chevron (CVX -1%) in Argentina, seeking to seize company assets in the country to enforce a $18B damage award in a lawsuit over pollution in the Amazon rain forest. CVX calls the Ecuador judgment "a product of bribery, fraud... illegitimate" and does not believe the judgment is enforceable "in any court that observes the rule of law."
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  • Oct. 29, 2012, 11:41 AM
    Chevron's (CVX) Indonesian unit, the country’s largest producer of crude, begins a $500M expansion of the project at Duri field in Sumatra. At peak production, the site is forecast to add 17K bbl/day to production; the project will add 539 new wells, including 145 using steam injection to increase production yields.
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Company Description
Chevron Corp provides administrative, financial, management and technology support to U.S. & international subsidiaries that engage in fully integrated petroleum operations, chemicals operations, mining operations, and power and energy services.