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Chevron and Exxon profits drop on falling oil price
Chevron and Exxon reported a drop in quarterly profits on Friday on the back of falling oil prices and weak refining margins, as the oil industry braces for its toughest year since the pandemic. Chevron said net income fell by just over a third to $3.
Houston-based Chevron (NYSE: CVX) announced that it would cut 15% to 20% of its employees, mostly completing the layoffs by ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
We recently published a list of 10 Best Stocks to Buy According to Billionaire Warren Buffett. In this article, we are going ...
Chevron Corp (NYSE:CVX) returned $6.9 billion to shareholders through dividends and buybacks in the first quarter. The company achieved first oil at Ballymore in the Gulf of America, contributing ...
Chevron Corp. (NYSE:CVX) engages in the integrated energy and chemicals operations in the U.S. and internationally. It will ...
Exxon Mobil Corp. and Chevron Corp. are likely to shoulder more of the Permian Basin’s oil growth as independent producers ...
Reported earnings of $3.5 billion; adjusted earnings of $3.8 billion Returned $6.9 billion cash to shareholders; acquired ...
Chevron Corp. said Monday that oil and natural gas production has begun in the deepwater Gulf of America to help reach the ...
I will now turn the conference call over to the Head of Investor Relations of Chevron Corporation, Mr. Jake Spiering. Please go ahead. Thank you, Katie. Welcome to Chevron's first quarter 2025 ...
Oil and gas giant's profit falls but tops expectations, while production was flat and revenue saw a rare miss Shares of Chevron Corp. were sinking toward a three-year low in early trading Friday ...
As part of a wider cost-cutting effort , Chevron plans to lay off about 125 employees in its Denver office starting July 1.
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