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Stockreport

Chevron Exceeds Estimates on Oil-Output Gains Amid $80 Crude [Financial Post (Toronto, Ontario, Canada)]

Chevron Corporation (CVX)  More Company Research Source: Financial Post
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Chevron Corp. surpassed expectations for a second straight quarter as strong oil-production growth from recent acquisitions helped the company take advantage of crude prices above $80 a barrel. Adjusted first-quarter profit of $2.93 a share was 3 cents higher than the average of analyst estimates in the Bloomberg Consensus. Crude-oil output of almost 2 million barrels a day exceeded forecasts. Article content Article content Chevron is facing questions from investors and analysts over whether its portfolio has enough long-term growth potential, especially if its $53 billion acquisition of Hess Corp. falls apart. The deal hit a roadblock in March when Exxon Mobil Corp. disputed Chevron's right to absorb Hess' 30% stake in a massive, Exxon-run oil project in Guyana. Chevron outperformed rivals during and after the pandemic as investors admired i [Read more]

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Stockreport

Chevron Exceeds Estimates on Oil-Output Gains Amid $80 Crude [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
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Chevron Corp. surpassed expectations for a second straight quarter as strong oil-production growth from recent acquisitions helped the company take advantage of crude prices above $80 a barrel. Adjusted first-quarter profit of $2.93 a share was 3 cents higher than the average of analyst estimates in the Bloomberg Consensus. Crude-oil output of almost 2 million barrels a day exceeded forecasts. Article content Article content Chevron is facing questions from investors and analysts over whether its portfolio has enough long-term growth potential, especially if its $53 billion acquisition of Hess Corp. falls apart. The deal hit a roadblock in March when Exxon Mobil Corp. disputed Chevron's right to absorb Hess' 30% stake in a massive, Exxon-run oil project in Guyana. Chevron outperformed rivals during and after the pandemic as investors admired i [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