Chevron(US:CVX) Benzingaยท2025-10-31 07:29Earnings Report - Chevron Corporation is set to release its third-quarter earnings results on October 31, with analysts expecting earnings of $1.71 per share, a decrease from $2.51 per share in the same period last year [1] - The consensus estimate for Chevron's quarterly revenue is $49.01 billion, down from $50.67 billion a year earlier [1] Corporate Developments - On October 14, Chevron requested involvement in Venture Global, Inc.'s proposal to delay the startup deadline for its Plaquemines LNG export terminal, leading to increased tensions with long-term customers [2] - Chevron's shares fell by 1% to close at $153.52 on Thursday [2] Analyst Ratings - Raymond James analyst Justin Jenkins maintained an Outperform rating but reduced the price target from $170 to $160 [5] - Wells Fargo analyst Sam Margolin initiated coverage with an Overweight rating and a price target of $190 [5] - Melius Research analyst James West initiated coverage with a Hold rating and a price target of $155 [5] - Piper Sandler analyst Ryan Todd kept an Overweight rating and raised the price target from $164 to $168 [5] - HSBC analyst Kim Fustier downgraded the stock from Buy to Hold and lowered the price target from $176 to $158 [5]