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Seventy-five percent of Chevron's oil investments have a break-even point below $50 per barrel, while ExxonMobil's corporate plan through 2030 is based around $65-per-barrel Brent crude oil prices ...
Chevron, the second-largest US oil company, plans to leave its historic headquarters in California and relocate to Texas over the next five years, citing increased regulations and state climate ...
Over the past year, the price of Brent Crude, a key global oil benchmark, has been as low as $70.31 and as high as $93.12. Over the past three years, the swing from peak to trough was even greater ...
In October 2014, Chevron announced that it would sell a 30 percent holding in its Canadian oil shale holdings to Kuwait's state-owned oil company Kuwait Oil Company for a fee of $1.5 billion. [60] Despite these sales, Chevron continued to explore acquisitions, a trend which had reinvigorated in 2019 and extended throughout the COVID-19 pandemic .
Oil prices are headed lower next year. ... rose to $74.60 a barrel on Tuesday and US West Texas Intermediate crude was up at $71.66 a barrel. For the year, Brent declined 3.2%, while WTI was down ...
Chevron is one of the largest energy companies in the world and is a good way to get exposure to the oil and gas sector.
Exxon stock was down 4%, while Chevron's declined roughly 1% in mid-morning trading. Natural gas prices plummeted this past year, down roughly 34% year to date. But oil majors could benefit from ...
But this might just be an opportunity for long-term investors to buy a well-run oil company when it appears relatively cheap. Chevron's dividend yield is roughly 4.2% compared to 3.3% for ...