Chevron

The CEO of Chevron Corporation (NYSE:CVX), Mike Wirth, recently discussed the current dynamics of the oil industry, addressing the volatility of oil prices, capital expenditure strategies, and geopolitical challenges. What Happened: Wirth attributed the recent dip in West Texas...

In the wake of the Trump administration’s decision to revoke Chevron Corp. (NYSE:CVX) license to operate in Venezuela, CEO Mike Wirth is seeking an extension to wind down the company’s operations in the country. What Happened: Wirth has been engaging with Trump’s cabinet...

U.S. President Donald Trump has terminated an oil agreement with Venezuela, revoking a license previously granted to Chevron Corp (NYSE:CVX) by former President Joe Biden. What Happened: Trump took to his Truth Social to announce the cancellation of Chevron’s Venezuela operations on...

Southwest Airlines Co. (NYSE:LUV) is soaring to new heights following an impressive earnings beat and a fresh alliance with activist investor Elliott Investment Management. In its recent earnings report, the airline posted a 5.3% increase in total operating revenue, hitting $6.87 billion —...

The U.S. Senate Majority Leader, Chuck Schumer (D-N.Y.), has called on the Federal Trade Commission (FTC) to reevaluate the proposed $53 billion merger between Chevron Corp (NYSE:CVX) and Hess Corp (NYSE:HES). What Happened: Schumer voiced his concerns over the merger on social media on Monday. He...

Chevron Corporation (NYSE:CVX) has idled two biodiesel production facilities in the U.S. Midwest, the company confirmed yesterday, owing to imperfect market conditions. In 2022, the second-largest oil producer in the United States acquired Renewable Energy Group, a biodiesel manufacturer, for $3.15...

Share buybacks (also called stock buybacks or stock repurchases) are a common way for a publicly traded company to deliver value to its shareholders. As the name implies, a share buyback is a board-approved action that allows a company to buy shares of its own stock on the secondary market.  ...

The Energy Select Sector SPDR Fund (NYSEARCA: XLE) was trading higher for the fifth session in a row on July 24, extending that streak with a gap up at the open.  However, some analysts are saying investors should use caution: Despite some very bullish current developments, the situation could...

Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX), the two largest oil corporations in the U.S. by market capitalization, are showing better-than expected earnings per share (EPS) and revenues, although the top lines softened from the preceding quarter.  Exxon shares were up 1.8%,...

OPEC+, a consortium comprising 22 oil-producing nations, announced Sunday an unexpected production cut that will likely give a further boost to oil prices bouncing off their recent lows. What Happened: The combined cut announced by the oil consortium will be around 1.16 million...

The cover story in this weekend's Barron's suggests how to play travel stocks as the recovery falters. Other featured articles discuss banking stocks with steady dividends, stocks that will benefit from share buybacks and why the boom in energy stocks may be over. Also, see the prospects...

The cover story in this weekend's Barron's offers 10 ways to cash in on the shortage of just about everything. Other featured articles discuss why bad news for big oil is good news for investors and how to play the semiconductor shortage. Also, see the prospects for a furniture maker, a gym...

This weekend's Barron's helps investors identify stay-at-home stocks that still have room to run. Other featured articles discuss ways investors can hedge against inflation and an investing strategy that brings growth and reasonable yield. Also, see the prospects for a home appliance maker...

The fatigue we all might feel as this jam-packed week winds down appears to be affecting major indices Friday. They’re under pressure early despite Amazon’s (NASDAQ: AMZN) impressive earnings yesterday, with signs of a bit of slowness in China’s economy dragging things...

Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week's bullish calls included the iPhone maker, Google's parent and an automotive leader. Financial and energy giants and COVID-19 vaccine makers were among the bearish calls seen during the...