Chevron(CVX)

Search documents
Chevron Appoints Kevin McLachlan to Lead Global Exploration
Yahoo Finance· 2025-10-08 01:24
Chevron Corporation (NYSE: CVX) announced that Kevin McLachlan will assume the role of Vice President of Exploration, overseeing the company’s worldwide exploration portfolio from Houston. McLachlan will succeed Liz Schwarze, who will retire in February 2026 after more than three decades at Chevron. The appointment marks a significant leadership transition within Chevron’s upstream division. McLachlan brings more than 30 years of international experience in exploration, production, and carbon management, ...
The Best Warren Buffett Stocks to Buy With $600 Right Now
The Motley Fool· 2025-10-08 00:02
Core Viewpoint - The article highlights three investment opportunities in stocks favored by Warren Buffett, emphasizing their potential for solid returns and dividends as Buffett prepares for retirement from Berkshire Hathaway [1][2]. Group 1: Coca-Cola - Coca-Cola is a long-term holding for Berkshire Hathaway, with a stake dating back to the late 1980s, reflecting Buffett's strong affinity for the brand [3][4]. - The company offers over 200 beverage brands, generating stable revenue streams that support consistent dividend payments [4]. - Coca-Cola has a remarkable dividend history, having paid and raised its dividend for 62 consecutive years, with a current yield of 3% [5]. Group 2: Chevron - Chevron is a diversified oil and gas company that has successfully navigated market volatility, supported by both upstream and downstream operations [6]. - The company has raised its dividend for 37 consecutive years, with a current yield of 4.4%, above its 10-year average of 4.2% [7][8]. - Chevron's recent acquisition of Hess positions it for growth, despite potential fluctuations in oil prices [8]. Group 3: Pool Corp. - Pool Corp. is the largest wholesale distributor of swimming pools and related supplies, with 93% of its sales coming from the U.S. market [9]. - The company has a history of outperforming the S&P 500 and has raised its dividend for 14 consecutive years [11]. - Currently facing a slowdown due to higher interest rates and inflation, Pool Corp.'s dividend yield is at 1.5%, the highest since 2008-2009, presenting a potential buying opportunity [12].
Peru minister touts Saudi mining interest, Chevron offshore potential
Reuters· 2025-10-07 22:18
Peru is pursuing major investments from Saudi Arabia and U.S. oil giant Chevron to develop its mining and energy resources, part of a broad strategy to revitalize the sector, a top minister said on Tu... ...
Molecular diagnostics firm BillionToOne files for US IPO
Reuters· 2025-10-07 22:17
BillionToOne filed for an initial public offering in the United States on Tuesday. ...
X @Bloomberg
Bloomberg· 2025-10-07 14:28
Chevron appointed Kevin McLachlan from TotalEnergies to lead its global exploration team, which is undergoing a revamp after several high-profile failed attempts at discovering oil and gas https://t.co/3I5214jqzw ...
Chevron working to restart units at El Segundo refinery after fire
Reuters· 2025-10-07 10:54
Chevron said on Tuesday it was working to restart some of the processing units that were shut down due to a fire at its El Segundo refinery last week. ...
Oil price fall turns up the heat on Big Oil's bloated payouts
Yahoo Finance· 2025-10-07 07:43
(Corrects dateline to Oct 7, not Oct 6. No change to text) By America Hernandez and Stephanie Kelly PARIS/LONDON -The five biggest global oil majors are moving to cut costs, jobs and share buybacks as falling oil prices threaten to make shareholder payouts unsustainable without increasing debt, analysts said. Chevron, ExxonMobil, BP, Shell and TotalEnergies have pledged high returns for the past decade to avert an investor exodus as fossil fuels lost their appeal. But maintaining those generous payou ...
Neighbors to Chevron El Segundo Refinery Fire File Suit with Potter Handy LLP
Businesswire· 2025-10-06 16:13
LOS ANGELES--(BUSINESS WIRE)--Nearby residents saw extreme asthma flare-ups and other physical harm after Chevron's El Segundo refinery explosion spewed smoke, fire, pollutants into the air on October 2, according to class action attorneys of the California law firm Potter Handy LLP. Plaintiff and Hawthorne resident Tatian Coleman suffered a severe asthma flareup immediately after the explosion filled the air with heavy smoke and fumes. Potter Handy attorneys filed a class action late Friday ni. ...
Cramer Warns On One Chip Stock, Says Broadcom Is The Better Bet - Ambiq Micro (NYSE:AMBQ), Albertsons Companies (NYSE:ACI)
Benzinga· 2025-10-06 12:48
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended being careful with Ambiq Micro, Inc. (NYSE:AMBQ). He added, “There are so many good semiconductor companies out there” and recommended going with Broadcom (NASDAQ:AVGO).On the earnings front, Ambiq Micro reported quarterly losses of 43 cents per share on sales of $17.90 million on Sept. 4.Cramer said he doesn't like Albertsons Companies, Inc. (NYSE:ACI) here.RBC Capital analyst Steven Shemesh, on Oct. 3, maintained Albertsons Companies with an Ou ...
Cramer Warns On One Chip Stock, Says Broadcom Is The Better Bet
Benzinga· 2025-10-06 12:48
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended being careful with Ambiq Micro, Inc. (NYSE:AMBQ). He added, “There are so many good semiconductor companies out there” and recommended going with Broadcom (NASDAQ:AVGO).On the earnings front, Ambiq Micro reported quarterly losses of 43 cents per share on sales of $17.90 million on Sept. 4.Cramer said he doesn't like Albertsons Companies, Inc. (NYSE:ACI) here.RBC Capital analyst Steven Shemesh, on Oct. 3, maintained Albertsons Companies with an Ou ...