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Why Oil Stocks Are Tumbling Again Today [The Motley Fool]
Last chevron corporation earnings: 5/1 06:45 am
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US:NYSE Investor Relations: chevron.com/investors
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
- Politics And The Markets 12/05/25 [Seeking Alpha][Seeking Alpha]
- Chevron Announces 2026 Capex Budget of $18 to $19 Billion [Yahoo! Finance][Yahoo! Finance]
- Chevron Announces 2026 Capex Budget of $18 to $19 Billion[Business Wire]
- Chevron Initiates Discussions With Syria Over Oil and Gas Exploration [Yahoo! Finance][Yahoo! Finance]
- Chevron (NYSE:CVX) was upgraded by analysts at Hsbc Global Res from a "hold" rating to a "strong-buy" rating.[MarketBeat]
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SEC Filings
SEC Filings
- 12/4/25 - Form FWP
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- CVX's page on the SEC website
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