Chevron Reports Fourth Quarter 2024 Results
Chevron Corporation (
NYSECVX) reported earnings of $3.2 billion ($1.84 per share - diluted) for fourth quarter 2024, compared with $2.3 billion ($1.22 per share - diluted) in fourth quarter 2023. Included in the quarter were severance charges of $715 million and impairment charges of $400 million. Foreign currency effects increased earnings by $722 million. Adjusted earnings of $3.6 billion ($2.06 per share - diluted) in fourth quarter 2024 compared to adjusted earnings of $6.5 billion ($3.45 per share - diluted) in fourth quarter 2023. See Attachment 4 for a reconciliation of adjusted earnings.
Hanley Investment Group Arranges Sale of New Construction 9,000 SF Multi-Tenant Pad at Anatolia Marketplace in Rancho Cordova, Calif., for $6.08 MillionRANCHO CORDOVA, Calif. - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a new construction, 9,000-square-foot multi-tenant retail pad, Shops II, at the new Anatolia Marketplace shopping center in Rancho Cordova, California, an affluent suburb in the Sacramento metro area. The sale price was $6.08 million.
Engine No. 1, Chevron, and GE Vernova to Power U.S. Data Centers
Engine No. 1 and Chevron U.S.A. Inc. (
NYSECVX) announced today the formation of a partnership to build a new company to develop scalable, reliable power solutions for United States (U.S.) based data centers running on U.S. natural gas. Early actions of the Trump Administration are setting the critical foundation to encourage investment leveraging America’s energy abundance to enable America’s AI leadership. The joint development, in conjunction with GE Vernova
NYSE: GEVNYSEGEV)
Chevron Achieves First Oil at Future Growth Project in Kazakhstan
Chevron Corporation (
NYSECVX) announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has started oil production at its Future Growth Project (FGP) located at the Tengiz oil field in Kazakhstan.
Chevron Announces $1 Million Donation to Los Angeles County Wildfire Relief Efforts
Chevron Corporation (
NYSECVX) today announced a total contribution of $1 million to the California Fire Foundation, American National Red Cross, and the Los Angeles Chamber of Commerce Small Business Disaster Recovery Fund to support relief efforts for wildfires in California.
Brightmark RNG Holdings Achieves Landmark First Gas Milestone at 10 Midwest RNG Projects
Brightmark RNG Holdings LLC announced today that it has delivered first gas at 10 renewable natural gas (RNG) projects across the Midwest. Brightmark RNG Holdings LLC is a joint venture between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (
NYSECVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC.
Chevron Names Laura Lane Vice President and Chief Corporate Affairs Officer; Al Williams to Retire
Chevron Corporation (
NYSECVX) today announced Laura Lane will become vice president and Chief Corporate Affairs Officer, effective February 1. Lane will oversee the company’s government affairs, communications, and social investment activities. Lane will be based in Houston and succeed Al Williams, who is retiring in April after 34 years at the company.
Chevron Bolsters U.S. Gulf of Mexico Production With Whale Facility Startup
Chevron Corporation (
NYSECVX) today announced the start of oil production from the Whale semi-submersible platform in the deepwater U.S. Gulf of Mexico. Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation, owns 40% working interest in Whale, with Shell Offshore Inc. owning 60% interest as operator.
Advisory: Chevron Corporation’s 4Q 2024 Earnings Conference Call and Webcast
Chevron Corporation (
NYSECVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, January 31, 2025, at 11:00 a.m. ET (10:00 a.m. CT).
Advisory: Chevron to Present at Goldman Sachs Energy, CleanTech & Utilities Conference 2025
Mike Wirth, Chairman and CEO of Chevron Corporation (
NYSECVX), will take part in the Goldman Sachs Energy, CleanTech & Utilities Conference 2025 on Wednesday, January 8, 2025, at 9:00 AM ET, discussing corporate strategy and the company’s primary objective of delivering higher returns, lower carbon and superior shareholder value in any business environment.
Chevron Upgrades Pasadena Refinery to Increase Capacity, Feedstock and Product Flexibility
Chevron U.S.A., Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (
NYSECVX), has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15 percent to 125,000 barrels per day.
Canadian Natural Resources Limited Completes the Acquisition on Chevron's Alberta Assets and Announces Timing of 2025 Budget ReleaseCalgary, Alberta--(Newsfile Corp. - December 6, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (
NYSECNQ) ("Canadian Natural" or the...
Chevron Announces 2025 Capex Budget & 4Q24 Interim Updates
Chevron Corporation today announced an organic capital expenditure range of $14.5 to $15.5 billion for consolidated subsidiaries (capex) and an affiliate capital expenditure (affiliate capex) range of $1.7 to $2.0 billion for 2025.
Canadian Natural Resources Limited Prices US$1,500 Million in 5 and 10 Year USD Notes and C$500 Million in 7 Year CAD NotesCalgary, Alberta--(Newsfile Corp. - December 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (
NYSECNQ) ("Canadian Natural" or the...
Xin Xiangrong – What are the advantages of Chevron board compared with other boardsChevrolet board is also called PVC foam board or Andy board. Its main component is polyvinyl chloride, which is what we often call PVC. PVC is an environmentally friendly and non-toxic raw material. Many non-food grade packaging will use PVC, such as the plastic bottles and plastic cups we usually use, which are all made of PVC. Therefore, PVC foam board is safe, environmentally friendly and non-toxic. It can be used with confidence in bathroom cabinet production and carved design.
Chevron Reports Third Quarter 2024 Results
Chevron Corporation (
NYSECVX) reported earnings of $4.5 billion ($2.48 per share - diluted) for third quarter 2024, compared with $6.5 billion ($3.48 per share - diluted) in third quarter 2023. Foreign currency effects decreased earnings by $44 million. Adjusted earnings of $4.5 billion ($2.51 per share - diluted) in third quarter 2024 compared to adjusted earnings of $5.7 billion ($3.05 per share - diluted) in third quarter 2023. See Attachment 4 for a reconciliation of adjusted earnings.
Canadian Natural Resources Limited Announces 2024 Third Quarter ResultsCalgary, Alberta--(Newsfile Corp. - October 31, 2024) - Canadian Natural's (TSX: CNQ) (
NYSECNQ) President, Scott Stauth, commented on the...
Green Intelligence, New Quality Future | 2nd China Marine Equipment Expo Grand Opening, Highlights Sneak PeekFuzhou () October 29, 2024 -- From November 15th to 18th, the “Green Intelligence, New Quality Future” themed 2nd China Marine Equipment Expo (CMEE) will commence in Fuzhou.
MarketBeat Week in Review – 10/14 - 10/18Stocks struggled for direction, but the trend before tech earnings is still bullish. Nevertheless, investors should expect volatility ahead of the election.
Should Warren Buffett’s Favorite Stock be Yours Too?Since becoming CEO of BRK.B in 1965, Warren Buffett has delivered nearly 20% compounded annual returns, consistently outperforming the broader market.
Why Buffett Loves Occidental Stock And What It Means for ChevronBerkshire Hathway continues to buy shares of Occidental Petroleum and sell shares of Chevron, but investors should be careful not to draw the wrong conclusion
Chevron Commits an Additional $250,000 to Hurricane Relief Efforts
Chevron today announced a donation of $250,000 to support relief and recovery efforts after Hurricane Milton devastated parts of Florida. The funds will provide support for emergency teams and volunteer efforts.
Congress Bets on National Fuel Gas—Should You Follow?National Fuel Gas is well-positioned for a surge in natural gas as a diversified operator serving New York and Pennsylvania.
3 Blue Chip Opportunities the Market Overlooked—Now’s Your ChanceOften overlooked by most, investors can find substantial value and income in these overlooked blue-chip stocks.
3 Undervalued Dividend Stocks Primed for Growth in 2025These quality dividend stocks look significantly undervalued which gives you an opportunity to pair a high-yield dividend with strong capital appreciation
