Chevron Corporation is a multinational energy company engaged in all aspects of the oil and gas industry, including exploration, production, refining, and marketing of crude oil and natural gas
The company operates in various regions around the world, focusing on both conventional and unconventional resources. In addition to its fossil fuel operations, Chevron is also investing in renewable energy technologies, such as biofuels and geothermal energy, as part of its commitment to transitioning towards a more sustainable energy future. Through its extensive supply chain, Chevron provides fuels and lubricants for transportation, industrial, and commercial needs, while also prioritizing safety and environmental stewardship in its operations.
Chevron said it purchased 15.38 million shares of Hess Corporation, representing approximately a 4.99% stake in the company. Based on Monday’s price of $150, Chevron’s latest stake acquisition is worth $2.3 billion.
Eimear Bonner, Vice President and CFO of Chevron Corporation (NYSECVX), will take part in the Piper Sandler 25th Annual Energy Conference on Tuesday, March 18, 2025, at 11:00 AM ET (8:00 AM PT), discussing corporate strategy and the company’s objective of delivering higher returns, lower carbon and superior shareholder value in any business environment.
Crochet blankets are not only cozy and functional, but they also serve as beautiful, handmade expressions of creativity. With 2024 offering a wide variety of styles, textures, and patterns, there's never been a better time to start a new crochet project. Whether you're a beginner or an advanced crocheter, these 15 free crochet blanket patterns are perfect for any skill level and will inspire you to create something both practical and beautiful. HiCrochet is a great place to discover new patterns and techniques, offering everything from timeless classics to trendy, modern designs. Explore the endless possibilities and bring your crochet vision to life with HiCrochet’s curated patterns that will guide you every step of the way.
Chevron Corporation has announced plans to reduce its global workforce by an estimated 15% to 20%, aligning with an initiative to streamline operations and reduce expenditures by $3 billion by 2026. This decision follows Chevron’s headquarters transition from San Ramon, California, to Houston, Texas, a move aimed at fostering closer collaboration with industry leaders.
Energy sector faces investor scrutiny due to recent developments. ETFs like XLE, VDE, and UNG offer exposure to energy companies amid market uncertainty.
Past attempts to seize Iranian oil have sparked retaliation from Tehran. In 2023, Iran seized foreign ships—one chartered by Chevron (NYSECVX)—after the U.S. attempted to intercept Iranian oil cargoes.
Yesterday, investors around the world were watching closely at the United States which imposed tariffs on its neighbors, Canada and Mexico, shaking up trade dynamics and sending ripples across the financial markets.
Look at the sectors and asset classes that have outperformed the S&P 500 over the past month or so. The market started pivoting defensive more than a month ago, and the shift has only gotten more decisive since then
