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Chevron Corp (CVX.N)

CVX.N on New York Stock Exchange

117.75USD
20 Aug 2018
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Latest Key Developments (Source: Significant Developments)

SA Competition Tribunal Says Tribunal Grants Commission 15 Working Day Extension In Off The Shelf/Chevron Merger
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - SA COMPETITION TRIBUNAL::TRIBUNAL GRANTS COMMISSION 15 WORKING DAY EXTENSION IN MERGER INVOLVING OFF THE SHELF 56 AND CHEVRON SOUTH AFRICA.  Full Article

SA's Competition Tribunal Says Commission Asks For More Time To Review Off The Shelf/Chevron Merger
Tuesday, 31 Jul 2018 

July 31 (Reuters) - SA'S COMPETITION TRIBUNAL: :COMMISSION ASKS FOR MORE TIME TO REVIEW OFF THE SHELF/CHEVRON MERGER.WILL HEAR EXTENSION APPLICATION BY COMPETITION COMMISSION ON AUG 1 RELATING TO MERGER SHELF 56 (RF) (PTY) (LTD) AND CHEVRON SOUTH AFRICA (PTY) LTD.EXTENSION APPLICATION HAS BEEN OPPOSED BY THE MERGING PARTIES.  Full Article

Chevron Believes Annual Buybacks Of $3 Billion Are Sustainable
Friday, 27 Jul 2018 

July 27 (Reuters) - Chevron Corp ::CHIEF FINANCIAL OFFICER PAT YARRINGTON SAYS BELIEVES SHARE REPURCHASES OF $3 BILLION ANNUALLY CAN BE SUSTAINED IN 'MOST REASONABLE' OIL PRICE ENVIRONMENTS.EXECUTIVE VICE PRESIDENT OF UPSTREAM JAY JOHNSON SAYS CHEVRON IS NOW AUSTRALIA'S LARGEST LNG PRODUCER.EVP JOHNSON SAYS BASE BUSINESS AT TENGIZCHEVROIL PROJECT IN KAZAKHSTAN IS 'RUNNING WELL'.EVP JOHNSON SAYS SEEING COST PRESSURE ON TENGIZCHEVROIL EXPANSION IN KAZAKHSTAN.EVP JOHNSON SAYS COMPANY DOES NOT INTEND TO SLOW PERMIAN DEVELOPMENT.CFO YARRINGTON SAYS 2018 PRODUCTION LIKELY WILL BE AT HIGH END OF FORECAST.EVP JOHNSON SAYS COST PRESSURE ON TENGIZCHEVROIL EXPANSION IN KAZAKHSTAN LARGELY DUE TO HIGHER ENGINEERING EXPENSES.EVP JOHNSON SAYS DOES NOT EXPECT RISING TENGIZCHEVROIL EXPANSION COSTS TO AFFECT 2018 CAPEX BUDGET.EVP JOHNSON SAYS STILL EXPECTS BIG FOOT PRODUCTION IN U.S. GULF OF MEXICO TO BEGIN LATER THIS YEAR.EVP JOHNSON SAYS COMPANY HAS RESTARTED DRILLING IN PENNSYLVANIA'S MARCELLUS SHALE.  Full Article

Chevron Q2 Earnings Per Share $1.78
Friday, 27 Jul 2018 

July 27 (Reuters) - Chevron Corp ::REPORTS SECOND QUARTER NET INCOME OF $3.4 BILLION.Q2 EARNINGS PER SHARE $1.78.Q2 SALES $40 BILLION VERSUS I/B/E/S VIEW $45.59 BILLION.Q2 EARNINGS PER SHARE VIEW $2.09 -- THOMSON REUTERS I/B/E/S.CORP - U.S. UPSTREAM OPERATIONS EARNED $838 MILLION IN Q2 2018, COMPARED WITH A LOSS OF $102 MILLION FROM A YEAR EARLIER.CORP - WORLDWIDE NET OIL-EQUIVALENT PRODUCTION WAS 2.83 MILLION BARRELS PER DAY IN Q2 2018, COMPARED WITH 2.78 MILLION BARRELS PER DAY FROM A YEAR AGO.CORP - INTERNATIONAL UPSTREAM OPERATIONS EARNED $2.46 BILLION IN Q2 2018, COMPARED WITH $955 MILLION A YEAR AGO.CORP -U.S. NET OIL-EQUIVALENT PRODUCTION OF 739,000 BARRELS PER DAY IN Q2 2018 WAS UP 38,000 BARRELS PER DAY FROM A YEAR EARLIER.CORP - U.S. DOWNSTREAM OPERATIONS EARNED $657 MILLION IN Q2 2018, COMPARED WITH EARNINGS OF $634 MILLION A YEAR EARLIER.CORP - INTERNATIONAL DOWNSTREAM OPERATIONS EARNED $181 MILLION IN Q2 2018, COMPARED WITH $561 MILLION A YEAR EARLIER.CORP - ANNOUNCES SHARE REPURCHASES, TARGETED AT $3 BILLION PER YEAR.CORP - U.S. REFINERY CRUDE OIL INPUT IN Q2 2018 DECREASED 8 PERCENT TO 856,000 BARRELS PER DAY FROM YEAR-AGO PERIOD.CORP - FOREIGN CURRENCY EFFECTS INCREASED EARNINGS IN 2018 Q2 BY $265 MILLION, COMPARED WITH AN INCREASE OF $3 MILLION A YEAR EARLIER.CORP - INTERNATIONAL REFINERY CRUDE OIL INPUT OF 739,000 BARRELS PER DAY IN Q2 2018 INCREASED 13,000 BARRELS PER DAY FROM YEAR-AGO PERIOD.  Full Article

Chevron Announces Quarterly Dividend
Wednesday, 25 Jul 2018 

Chevron Corp ::CHEVRON ANNOUNCES QUARTERLY DIVIDEND.CHEVRON CORP - BOARD OF DIRECTORS OF CHEVRON CORPORATION (NYSE: CVX) DECLARED A QUARTERLY DIVIDEND OF ONE DOLLAR AND TWELVE CENTS PER SHARE.  Full Article

Downer EDI Awarded 5-Year Contract By Chevron Australia Pty Ltd
Monday, 16 Jul 2018 

July 16 (Reuters) - Chevron Corp ::AWARDED A FIVE YEAR CONTRACT BY CHEVRON AUSTRALIA PTY LTD FOR PROVISION OF MAINTENANCE AND SUPPORT SERVICES.  Full Article

Argentine Appeals Court Rejects Ecuadorian Judgment Against Chevron
Thursday, 5 Jul 2018 

July 5 (Reuters) - Chevron Corp ::CHEVRON CORP - ARGENTINE APPEALS COURT REJECTS ECUADORIAN JUDGMENT AGAINST CHEVRON.CHEVRON CORP - CHAMBER OF APPEALS CONCLUDED ECUADORIAN JUDGMENT CANNOT BE ENFORCED AGAINST CHEVRON ARGENTINA SRL AND OTHER INDIRECT LOCAL UNITS.  Full Article

Chevron Says Northern District Of California Grants Co's Motion To Dismiss Climate Change Case
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Chevron Corp ::NORTHERN DISTRICT OF CALIFORNIA GRANTS CHEVRON’S MOTION TO DISMISS CLIMATE CHANGE CASE.NORTHERN DISTRICT OF CALIFORNIA ISSUED RULING DISMISSING CLIMATE CHANGE LAWSUITS AGAINST CO BY CITIES OF SAN FRANCISCO AND OAKLAND.COURT DISMISSED COMPLAINT AS REQUIRING FOREIGN AND DOMESTIC POLICY DECISIONS THAT ARE OUTSIDE PROPER PURVIEW OF THE COURTS.  Full Article

Woodside Petroleum Says Wheatstone Project Commences Train 2 LNG Production
Friday, 15 Jun 2018 

June 15 (Reuters) - Woodside Petroleum Ltd ::WHEATSTONE COMMENCES TRAIN 2 LNG PRODUCTION.WHEATSTONE PROJECT COMMENCED LIQUEFIED NATURAL GAS PRODUCTION FROM TRAIN 2 AT ITS ONSHORE FACILITY NEAR ONSLOW.IS PROGRESSING CONCEPT DEFINITION FOR PHASE 2 OF JULIMAR-BRUNELLO PROJECT.NEXT MILESTONE FOR WHEATSTONE TO BE SUCCESSFUL COMMISSIONING OF DOMESTIC GAS PLANT, TARGETED IN SECOND HALF OF 2018.  Full Article

Canadian Appeal Court Affirms Dismissal Of Suit Against Chevron Subsidiary
Thursday, 24 May 2018 

May 23 (Reuters) - Chevron Corp ::CANADIAN APPEAL COURT AFFIRMS DISMISSAL OF SUIT AGAINST CHEVRON SUBSIDIARY.CHEVRON CORP- ONTARIO COURT OF APPEAL UPHELD LOWER COURT'S DETERMINATION THAT ECUADORIAN JUDGMENT AGAINST CO CANNOT BE ENFORCED AGAINST CHEVRON CANADA LTD.  Full Article

China sells diesel to South Africa as refiners seek new export markets

BEIJING, Aug 20 State-run oil company Sinopec is selling diesel as far afield as South Africa as China's refiners seek homes for their surplus fuel in the latest sign of troubles in the domestic refining business.