Chevron(CVX)

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Chevron Sent Investors a Record $27 Billion in Cash Last Year and Could Return Even More in 2025
The Motley Fool· 2025-02-03 10:11
Last year was one for the record books for Chevron (CVX -4.56%). The energy giant increased its global production by 7% and U.S. output by 19% to record levels. The company also returned a record $27 billion in cash to shareholders through dividends and repurchases.The oil company is in an excellent position to build on last year's record performance in 2025. Here's a look at what fueled Chevron's record results last year and why this year could be another one for the record books.A well-oiled machineChevro ...
Chevron Is Turning on the Gas to Power AI Data Centers
The Motley Fool· 2025-02-02 10:19
Chevron (CVX -4.56%) holds a treasure trove of low-cost natural gas resources across the U.S. This lower-carbon fuel could play a significant role in powering the artificial intelligence (AI) revolution. That technology requires a tremendous amount of electricity to power the specialized chips needed to run AI applications in data centers.The energy company is taking a major step to capitalize on this opportunity. It's partnering with a leading investment firm (Engine No. 1) and GE Vernova (GEV -2.63%) to p ...
Chevron Corporation (CVX) Q4 2024 Earnings Conference Call Transcript
Seeking Alpha· 2025-01-31 19:45
Chevron Corporation (NYSE:CVX) Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ET Company Participants Jake Spiering - Head, IR Mike Wirth - Chairman and CEO Eimear Bonner - CFO Conference Call Participants Biraj Borkhataria - RBC Paul Cheng - Scotiabank Neil Mehta - Goldman Sachs Doug Leggate - Wolfe Research Devin McDermott - Morgan Stanley Stephen Richardson - Evercore ISI Jason Gabelman - TD Cowen Alastair Syme - Citi Betty Jiang - Barclays Ryan Todd - Piper Sandler John Royall - JPMorgan Jea ...
Why Chevron Stock Dropped 4.5% Today
The Motley Fool· 2025-01-31 18:50
Chevron Corporation (CVX -3.86%) stock fell 4.5% through 10:35 a.m. ET Friday after the company reported a revenue beat but an earnings miss in its morning Q4 report.Analysts had predicted Chevron would earn $2.11 per share, adjusted for one-time items, on sales of $48.4 billion. Chevron beat that sales forecast with a stick, doing $52.2 billion in business during the quarter. Profits, however, came in a nickel short at $2.06 per share. Chevron Q4 earningsChevron's adjusted earnings didn't just miss analyst ...
Why Chevron Stock Dropped 5% Today
The Motley Fool· 2025-01-31 18:50
Chevron Corporation (CVX -3.86%) stock fell 4.5% through 10:35 a.m. ET Friday after the company reported a revenue beat but an earnings miss in its morning Q4 report.Analysts had predicted Chevron would earn $2.11 per share, adjusted for one-time items, on sales of $48.4 billion. Chevron beat that sales forecast with a stick, doing $52.2 billion in business during the quarter. Profits, however, came in a nickel short at $2.06 per share. Chevron Q4 earningsChevron's adjusted earnings didn't just miss analyst ...
Chevron's Free Cash Flow Outlook Tops Estimates—Goldman Sachs Sees Upside
Benzinga· 2025-01-31 17:48
Goldman Sachs analyst Neil Mehta expressed views on the oil giant Chevron Corp‘s CVX fourth-quarter earnings reported today. Mehta is Buy-rated on CVX, with a price forecast of $182.The company reported revenues and other income of $52.23 billion, beating the consensus of $46.75 billion. Adjusted net earnings were $3.63 billion, with adjusted EPS at $2.06 (down from $3.45 a year ago) in the quarter, missing the consensus of $2.11.Also, the company increased its quarterly dividend by 5% to $1.71 per share.Me ...
Chevron Lags Q4 Earnings Estimates, Tops Revenues, Hikes Dividend
ZACKS· 2025-01-31 17:31
Chevron Corporation (CVX) reported adjusted fourth-quarter earnings per share of $2.06, missing the Zacks Consensus Estimate of $2.19 and well below the year-ago adjusted profit of $3.45. The underperformance stemmed from weaker oil price realizations and a dip in refined product sales margins.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company generated revenue of $52.2 billion. The sales figure beat the Zacks Consensus Estimate of $47 billion and increased 10.7% year over ye ...
Chevron shares slip as refining profits tumble, earnings disappoint
Proactiveinvestors NA· 2025-01-31 17:04
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Chevron(CVX) - 2024 Q4 - Earnings Call Presentation
2025-01-31 16:24
Fourth quarter 2024 earnings call January 31, 2025 © 2025 Chevron 3GP at TCO Cautionary statement and additional information CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This presentation contains forward-looking images and statements relating to Chevron's operations and strategy that are based on management's current expectations, estimates, and projections about the petroleum, chemicals, an ...
Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order
CNBC· 2025-01-31 14:26
Energy giant Chevron used the phrase "Gulf of America" repeatedly in its earnings release Friday, adhering to a directive made by President Donald Trump on his first day back in office.Chevron previously used "Gulf of Mexico" to refer to that body of water, which stretches from Texas to Florida on the southeastern border of the U.S. Trump signed an executive order on Jan. 20 to rename the Gulf of Mexico as the Gulf of America."The Gulf will continue to play a pivotal role in shaping America's future and the ...