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Zacks News
Chevron is one of the largest publicly traded oil and gas companies in the world with operations that span almost every corner of the globe. The only energy component of the Dow Jones Industrial Average, San Ramon, CA-based Chevron is fully integrated, meaning it participates in every aspect related to energy – from oil production, to refining and marketing. The company generates more than $146 billion in annual revenues and produces in excess of three million barrels per day of oil equivalent. Chevron currently churns out oil and natural gas at a 60/40 ratio. As of the end of 2019, the company had proved reserves of approximately 12.6 billion barrels of oil-equivalent. While the energy sector downturn since mid-2014 has significantly impacted Chevron’s stock price, it is still the 45-largest company in the S&P 500 Index. With its relatively low-risk energy business structure, robust financial health, and ample free cash flows, Chevron remains well positioned to navigate the weak oil and gas prices.
BP plc (BP) Q2 Earnings Top on Higher Project Activities
by Zacks Equity Research
Higher realized prices for liquids and natural gas supported the Q2 numbers of BP Plc (BP). Increased exploration expenses partially offset the positives.
Canadian Natural Resources (CNQ) Q2 Earnings: Beat in Store?
by Zacks Equity Research
Improved pricing scenario, efficient cost structure and acquisition of Athabasca oil sands project are expected to positively impact Canadian Natural Resources' (CNQ) Q2 results.
Chevron (CVX) Q2 Earnings Beat on Oil Rally, Output Rise
by Nilanjan Choudhury
Chevron (CVX) Q2 earnings beat as the price of crude increased and the U.S. supermajor boosted its production of oil and gas.
QEP Resources (QEP) Q2 Loss Lower than Expected, Sales Miss
by Zacks Equity Research
QEP Resources' (QEP) second-quarter loss was narrower than the Zacks Consensus Estimate and the year-ago quarter. However, production stagnated.
Chevron (CVX) Q2 Earnings Beat Estimates on Prices, Volumes
by Zacks Equity Research
Chevron's (CVX) solid Q2 results were driven by higher commodity prices and production.
Friday's Earnings Reports To Watch: XOM, CVX, MRK, ABBV
by Jeffrey Hymen
The Zacks Earnings Calendar lists each company that is expected to report earnings on any given calendar date, making it a useful organizational tool for any investor.
Shell's (RDS.A) Q2 Earnings Soar as Cost Cuts Pay Off
by Nilanjan Choudhury
Royal Dutch Shell (RDS.A) posted a strong Q2 earnings beat as commodity prices rose and the company cut costs.
Oil Stocks to Watch for Earnings on Jul 28: XOM, BHGE & More
by Zacks Equity Research
The oil/energy sector is likely to see strong Q2 performance aided by an improving macro scenario.
QEP Resources (QEP) Divests Wyoming Based Assets for $777.5M
by Zacks Equity Research
QEP Resources (QEP) struck two separate deals for its Wyoming assets.
What's in Store for Chevron (CVX) in Q2 Earnings?
by Nilanjan Choudhury
Weak realizations from sub-$50 oil will limit Chevron's (CVX) internally generated cash flow amid high capital spending and dividend payments.
Zacks Industry Outlook Highlights: ExxonMobil, Chevron, Rice Energy, WPX Energy and Encana
by Zacks Equity Research
Zacks Industry Outlook Highlights: ExxonMobil, Chevron, Rice Energy, WPX Energy and Encana
Cobalt Inks Deal to Expand Anchor Unit in Gulf of Mexico
by Zacks Equity Research
Cobalt (CIE) recently inked a deal to expand its Anchor unit with two additional blocks to the south which is likely to boost oil discovery.
Ensco (ESV) Wins 3 Drillship Contracts Offshore West Africa
by Zacks Equity Research
Ensco plc (ESV) has been awarded three drillship contracts offshore West Africa.
Chevron (CVX) Sells Gulf of Mexico Oil Fields to Cantium
by Zacks Equity Research
Chevron Corporation (CVX) recently sold five fields in Gulf of Mexico's Outer Continental Shelf and in Louisiana state waters to Cantium LLC.
Delek US Holdings (DK) Fully Acquires Alon USA Energy
by Zacks Equity Research
Delek US Holdings, Inc. (DK) announced that it has acquired the remaining outstanding shares of Alon USA Energy, Inc.
U.S. Crude Climbs After EIA Reports Drop in Production
by Nilanjan Choudhury
Oil prices climbed after the EIA published its weekly inventory report on Wednesday, which showed a drop in U.S. oil output.
Bear Market Grips Crude Stocks as U.S. Production Grows
by Nilanjan Choudhury
Oil prices fell to 10-month lows after government figures showed an increase in U.S. production to highest levels since Aug 2015.
Oil & Gas Stock Roundup: EQT-Rice Energy Tie-Up, Chevron's $9.5B Legal Reprieve & More
by Nilanjan Choudhury
It was a week where oil prices dropped to a new low for the year, while natural gas futures stayed put at just over $3.
Tumbling Oil Prices
by Zacks Equity Research
Tumbling Oil Prices
Will Tumbling Oil Prices Hit the Broader Economy?
by Mark Vickery
The U.S. shale boom from fracking is the main reason we're seeing less demand for global oil.
The Zacks Analyst Blog Highlights: Chevron, Pfizer, Boeing, 3M and Citigroup
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Chevron, Pfizer, Boeing, 3M and Citigroup
Top Stock Reports for Chevron, Pfizer & Boeing
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Chevron (CVX), Pfizer (PFE), and Boeing (BA).
Oil Tumbles After EIA Shows Small Decline in Inventories
by Nilanjan Choudhury
Oil prices fell to 7-month lows after government figures showed a smaller-than-expected decrease in U.S. stocks.
ExxonMobil Resolves Tax Dispute with Chad to Evade $74B Fine
by Zacks Equity Research
ExxonMobil Corporation (XOM) recently reached an agreement with the government of Chad regarding tax payments.
TOTAL's Production to Improve 4%, Geo-Political Risk a Woe
by Zacks Equity Research
TOTAL S.A. (TOT) has one of the best production growth profiles among the oil super majors and expects its upstream production to increase more than 4% in 2017.