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Chevron profit disappoints

Hosted on MSN · 1d

Chevron profit disappoints as refining posts first loss in four years

Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business into a loss for the first time since 2020. CEO Mike Wirth told Reuters the post-pandemic surge in fuel margins had run its course,

MarketWatch on MSN · 1d

Chevron logs its first refining loss in four years, sending stock lower

Chevron Corp.’s stock fell 2% early Friday, after the oil company’s downstream-refining business delivered its first loss in four years, hurt by lower margins on oil sales. The company also missed profit estimates for the fourth quarter,

Quartz on MSN · 1d

Chevron profit disappoints as refining division reports losses

This story incorporates reporting from worldenergynews.com, SchaeffersResearch.com and MSN.Chevron announced financial results revealing its refining division experienced its first quarterly loss in four years.

Oil Producer Chevron Uses Term 'Gulf of America

Oil producer Chevron uses term 'Gulf of America' after Trump renaming order

U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on Friday, a sign of corporate America beginning to implement U.S. President Donald Trump's order to rename the ocean basin.

NBC New York · 1d

Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order

Chevron previously used "Gulf of Mexico" to refer to that body of water, which stretches from Texas to Florida on the southeastern border of the U.S. Trump signed an executive order on Jan. 20 to rename the Gulf of Mexico as the Gulf of America.

Bloomberg on MSN · 1d

Chevron Starts Using ‘Gulf of America’ in Nod to Trump

Chevron Corp. has begun using “Gulf of America” instead of “Gulf of Mexico” to describe the location of some of its largest oil operations, after President Donald Trump ordered the US to rename the body of water.

4d

Chevron to build gas plants to power data centers amid AI boom

Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S ...

4don MSN

Chevron, Engine No. 1 and GE Vernova team up on powering US data centers, with AI in focus

Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States ...

3don MSN

Chevron, Engine No. 1, GE Vernova team up to build US data centers

Chevron U.S.A. announced Tuesday a partnership with Engine No. 1 and GE Verona in plan to develop reliable power solutions ...

4don MSN

Chevron, GE Vernova, Engine No. 1 Team Up to Power Data Centers

The joint venture aims to deliver 4 gigawatts of electricity for data centers starting by the end of 2027.

1don MSN

Chevron Earnings Miss Expectations, But Dividend Gets Sweeter

Chevron reported fourth-quarter earnings that missed analysts’ expectations. The stock fell in premarket trading. The oil ...

1don MSN

Chevron to engage with Trump administration to protect Venezuelan operations, WIrth says

Chevron (NYSE:CVX) will ask the Trump administration to protect the special U.S. oil license that allows it to operate in ...

1don MSN

Chevron Stock Declines Despite Another Dividend Hike

Chevron stock is down Friday after the integrated energy company missed fourth-quarter profit expectations. Here's what you ...

7h

Exxon, Chevron Brave DeepSeek Risk to Chase AI Future as Oil Glow Fades

Big Oil was once the antithesis of the asset-light, hyper-growth world of Silicon Valley. Now it’s looking to Big Tech to ...

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