California gas prices remain high despite Strait of Hormuz reopening [Yahoo! Finance]
Chevron Corporation (CVX)
Last chevron corporation earnings: 5/1 06:45 am
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Source: Yahoo! Finance
The reopening is a key development for California, which relies heavily on foreign crude oil. But any improvement at the pump is expected to be delayed as supply chains recover from recent disruptions tied to conflict involving Iran. Chevron, which operates two refineries in the state, is among companies waiting for supply levels to stabilize after months of reduced availability. “We've got six weeks of supply that didn't get produced and that is going to be supply that is short right now and for the next couple of months as refiners try to get their capacity back online from Asia and other import destinations or import suppliers,” said Ross Allen, a Chevron spokesperson. Allen said the disruption through the Strait of Hormuz cut crude oil availability in California by about 20% over the past couple of months, forcing the company to turn to other suppliers. “We have gone to other sources, whether that's Brazil or Colombia, Ecuador, Mexico,” Allen said. In Bakersfield, oil p
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CVX
Earnings
- 1/30/26 - Beat
CVX
Sec Filings
- 4/9/26 - Form 8-K
- 4/7/26 - Form ARS
- 4/7/26 - Form DEFA14A
- CVX's page on the SEC website