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Chevron Expects Higher Q1 Profits Amid the Middle East Conflict [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
Photo by Luis Ramirez on Unsplash Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives. Chevron Corporation (NYSE:CVX) revealed on April 9 that it expects its Q1 upstream earnings to grow by $1.6 billion and $2.2 billion ?from the previous quarter, driven by the soaring oil prices amid the US-Iran war. The conflict has choked around a fifth of the global crude oil supply, leading to an over 65% jump in prices since the beginning of the year. That said, Chevron Corporation (NYSE:CVX) expects the timing ?effects ?tied to hedging and accounting to cut its earnings and operating cash flow, excluding working capital, by $2.7 billion to $3.7 billion ?after tax. However, the company expects this impact to reverse in the future. Chevron Corporation (NYSE:CVX) also sees its Q1 2026 output to fall by as much as 6% compared to th [Read more]

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Stockreport

Chevron Expects Higher Q1 Profits Amid the Middle East Conflict [Yahoo! Finance]

Chevron Corporation  (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Photo by Luis Ramirez on Unsplash Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives. Chevron Corporation (NYSE:CVX) revealed on April 9 that it expects its Q1 upstream earnings to grow by $1.6 billion and $2.2 billion ?from the previous quarter, driven by the soaring oil prices amid the US-Iran war. The conflict has choked around a fifth of the global crude oil supply, leading to an over 65% jump in prices since the beginning of the year. That said, Chevron Corporation (NYSE:CVX) expects the timing ?effects ?tied to hedging and accounting to cut its earnings and operating cash flow, excluding working capital, by $2.7 billion to $3.7 billion ?after tax. However, the company expects this impact to reverse in the future. Chevron Corporation (NYSE:CVX) also sees its Q1 2026 output to fall by as much as 6% compared to th [Read more]

IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
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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
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Low:
%
POST NEWS RANGE
%
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PRICE CHANGE PERCENTAGE


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VOLUME (SHARES)
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS