Oil Producers Flush With Cash Cut Reliance on Funding Markets [Financial Post (Toronto, Ontario, Canada)]
Chevron Corporation (CVX)
Last chevron corporation earnings: 5/1 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
chevron.com/investors
Company Research
Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Last year, the demand for loans from fossil-fuel companies fell 6% year-on-year and that followed a decline of 1% in 2022. From a climate perspective, this may sound like good news because the drop in bank lending to oil, gas and coal companies should mean less investment and less production over time. Article content The reality, however, is that oil and gas companies don't need a lot of loans because they're generating so much money these days from their underlying businesses, said Andrew John Stevenson, senior analyst at Bloomberg Intelligence. And that trend is likely to continue through the end of the decade, he said. Article content “The oil and gas industry has experienced a number of booms and busts over the past few decades, but for now, it appears to be flush with cash,” he said. The healthy balance sheets reflect the boost that companies have received from
Show less
Read more
Impact Snapshot
Event Time:
CVX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVX alerts
High impacting Chevron Corporation news events
Weekly update
A roundup of the hottest topics
CVX
News
- 3 Dividend-Paying Energy Stocks With 20%+ Upside Potential, According To Analysts [Yahoo! Finance]Yahoo! Finance
- Chevron To $205? This Analyst Thinks So, Implying 27% Upside [Yahoo! Finance]Yahoo! Finance
- Chevron (CVX) Targeted by Short Sellers: Should You Worry? [Yahoo! Finance]Yahoo! Finance
- Global Waste to Hydrogen Market 2024-2034: Focus on Technology, Waste Type, Application and Region - Financial Incentives, Subsidies, and Regulatory Frameworks Driving Market Expansion [Yahoo! Finance]Yahoo! Finance
- Chevron tops Tesla as most-shorted stock in April, says Hazeltree [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
CVX
Earnings
- 4/26/24 - Beat
CVX
Sec Filings
- 5/14/24 - Form PX14A6G
- 5/13/24 - Form 4
- 5/10/24 - Form SD
- CVX's page on the SEC website