Chevron: A Strong Q1 Report Is Ahead

bkindler Chevron (NYSE:CVX) is scheduled to release earnings on April 26, 2024 and given that petroleum prices have repriced to $85 per barrel, I believe the petroleum company is set for a very strong earnings report later this month. Additionally, OPEC+ countries, led by Russian, recently decided to extend supply cuts into the second-quarter, which should provide additional pricing support for petroleum-focused energy firms. As a result, I expect Chevron to sail past earnings estimates and EPS revision ...