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Stockreport

Chevron Consolidates Venezuela Heavy Oil Position in Asset Swap [Yahoo! Finance]

Chevron Corporation (CVX)  More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
A. ("PDVSA") and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties' focus on strategic assets in the country. Under the agreement, Chevron will receive an additional 13.21% working interest in the Petroindependencia, S.A. joint venture, increasing its total stake to 49%. In addition, Petropiar, S.A. joint venture, in which Chevron's subsidiary holds a 30% interest, has been assigned the rights to develop the adjacent Ayacucho 8 area located in the Orinoco Oil Belt of Venezuela. Venezuela will receive from Chevron subsidiaries its 60% and 100% operated interests in the offshore Plataforma Deltana Block 2 and Block 3 gas licenses, respectively, and its 25.2% non-operated interest in the Petroindependiente, S.A. joint venture located in western Venezuela. "This agreement expands Chevron's heavy oil position in two key joint ventures in Venezuela and reflects our disciplined development of the country's significant resources. Ayacucho 8 is a [Read more]
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Stockreport

Chevron Consolidates Venezuela Heavy Oil Position in Asset Swap [Yahoo! Finance]

Chevron Corporation  (CVX) 
More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
A. ("PDVSA") and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties' focus on strategic assets in the country. Under the agreement, Chevron will receive an additional 13.21% working interest in the Petroindependencia, S.A. joint venture, increasing its total stake to 49%. In addition, Petropiar, S.A. joint venture, in which Chevron's subsidiary holds a 30% interest, has been assigned the rights to develop the adjacent Ayacucho 8 area located in the Orinoco Oil Belt of Venezuela. Venezuela will receive from Chevron subsidiaries its 60% and 100% operated interests in the offshore Plataforma Deltana Block 2 and Block 3 gas licenses, respectively, and its 25.2% non-operated interest in the Petroindependiente, S.A. joint venture located in western Venezuela. "This agreement expands Chevron's heavy oil position in two key joint ventures in Venezuela and reflects our disciplined development of the country's significant resources. Ayacucho 8 is a [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS