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How Chevron's New Deals Could Transform Iraq's Production Outlook [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
The very recent signing of two sets of major oil deals by U.S. oil giant Chevron following the forced withdrawal of Russian firms from key energy projects in Iraq is a key turning point in the West's resurgence in the Middle East, a senior U.S. Treasury source told OilPrice.com last week. “Iraq is the heartland of the Middle East, a major Iranian ally, vital to Russian and Chinese interests, and it's allowing a major U.S. force into the centre of its economy,” he underlined. So, what does this mean for Iraq's energy sector and its geopolitical trajectory moving forward? The first of the two sets of deals is perhaps the more important, involving the transfer of the management of the supergiant West Qurna 2 oil field (estimated recoverable oil reserves of around 13 billion barrels) to Chevron, following the exit of Russia's number two oil company, Lukoil, a few weeks before. The field is one of the world's largest, accounting for nearly 10% of Iraq's total production of around 4 mill [Read more]
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Stockreport

How Chevron's New Deals Could Transform Iraq's Production Outlook [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
The very recent signing of two sets of major oil deals by U.S. oil giant Chevron following the forced withdrawal of Russian firms from key energy projects in Iraq is a key turning point in the West's resurgence in the Middle East, a senior U.S. Treasury source told OilPrice.com last week. “Iraq is the heartland of the Middle East, a major Iranian ally, vital to Russian and Chinese interests, and it's allowing a major U.S. force into the centre of its economy,” he underlined. So, what does this mean for Iraq's energy sector and its geopolitical trajectory moving forward? The first of the two sets of deals is perhaps the more important, involving the transfer of the management of the supergiant West Qurna 2 oil field (estimated recoverable oil reserves of around 13 billion barrels) to Chevron, following the exit of Russia's number two oil company, Lukoil, a few weeks before. The field is one of the world's largest, accounting for nearly 10% of Iraq's total production of around 4 mill [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