Why Oil Stocks Are Tumbling Again Today [The Motley Fool]
Chevron Corporation (CVX)
Last chevron corporation earnings: 5/1 06:45 am
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Source: The Motley Fool
Why Oil Stocks Are Tumbling Again Today The COVID-19 outbreak continues to hammer the oil patch. Oil prices plunged again today. Brent crude, the global oil benchmark, fell more than 8% by noon EDT on Monday, pushing its price down to around $31 a barrel. That sell-off in the oil market hit energy stocks hard. Most oil producers sold off on the day, with several oil giants declining by more than 10% at one point in the day. Among those experiencing a double-digit decline were Chevron ( NYSE:CVX ) , BP ( NYSE:BP ) , Royal Dutch Shell ( NYSE:RDS.A ) ( NYSE:RDS.B ) , Suncor Energy ( NYSE:SU ) , Apache ( NYSE:APA ) , and Occidental Petroleum ( NYSE:OXY ) . The price of oil continued to weaken due to shocks to both demand and supply. The latest demand jolt came when the European Union proposed suspending nonessential travel to Europe for the next 30 days to combat the COVID-19 pandemic. These travel restrictions, which are popping up all over the world, will have a substantial effec
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News
- Chevron Launches $500 Million Fund to Invest in Clean Tech [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Chevron (CVX) Stock Moves -0.86%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Chevron Co. (NYSE: CVX) had its price target raised by analysts at Raymond James from $170.00 to $174.00. They now have an "outperform" rating on the stock.MarketBeat
- Lumière sur les fusions et acquisitions du secteur énergétique canadien [Finance et Investissement (Montreal) (French)]Finance et Investissement
- Chevron: A Strong Q1 Report Is Ahead [Seeking Alpha]Seeking Alpha
CVX
Earnings
- 2/2/24 - Beat
CVX
Sec Filings
- 4/12/24 - Form S-4/A
- 4/10/24 - Form ARS
- 4/10/24 - Form DEFA14A
- CVX's page on the SEC website