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The Latest Breaking News from Mike Wirth

Chevron CEO shares one of his leadership tips: Writing a ton of letters

“It’s important to me that I make sure people understand that I was paying attention and I really do value what they do.”

Fortune

Second-largest oil company ditches California for Texas to avoid increased regulations

Company cited Golden State’s regulations and climate lawsuit in decision to leave

The Independent UK

Chevron swears its relocation plans from California to Texas have nothing to do with politics

“It’s a move about what’s good for our company to compete and perform,” CEO Mike Wirth said.

Fortune

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US Oil Giants' Profits Dip As Exxon Deal Nears Finish Line

ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's.

International Business Times

Exxon Mobil, Chevron Strategies Hinge On Latest Oil Hotspot

Exxon Mobil and Chevron reported first-quarter earnings and revenue early Friday.

Investors Business Daily

Chevron Championship Prize Money Given Huge Boost With Winner Set To Receive Over $1 Million For The First Time

The first women's Major of the year benefitted from a couple of exciting decisions as Lilia Vu attempts to defend her title

Golf Monthly

Warren Buffett Is Buying This Dividend Aristocrat, Should You?

While Berkshire Hathaway was a net seller of stocks in Q4, chair Warren Buffett added more shares of energy giant Chevron. With a forward dividend yield of more than 4%, CVX looks like a dividend aristocrat worth buying in 2024.

Barchart

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Climate activists confront Chevron CEO

Climate Defiance interrupted a corporate diversity event to call out Chevron CEO Mike Wirth

Salon

Exxon Mobil, Chevron Bank On Diverging Production Strategies In 2024

Exxon Mobil and Chevron have outlined cautious spending plans for 2024, with Exxon leaning on acquired output to maintain growth.

Investors Business Daily

Chevron Stock Upgraded After Mega Acquisition While Shell Bucks This Q3 Oil Major Trend

Chevron stock was handed a slew of price target revisions this week after earnings and its deal for Hess.

Investors Business Daily

Senate Democrats, Schumer Alert FTC On Risks From Acquisitions By Exxon Mobil And Chevron

Exxon Mobil stock has edged down since it announced the deal for Pioneer Natural Resources. Meanwhile, CVX has also dropped after agreeing to acquire Hess.

Investors Business Daily

Chevron boss says his company has changed the quality of life on Earth for the better

Mike Wirth, an industry veteran, even described Chevron as “grounded in integrity and a deep belief in doing the right thing” before brushing off Big Oil critics and making a “real-world” case for fossil fuels.

Fortune

Chevron CEO says we're headed for oil at $100—but is confident consumers can handle it

Why are gas prices so expensive? When will gas get cheaper? Where can you get the cheapest gas? Here's what you need to know.

Fortune

Chevron Reports 47% Decline In Q2 Earnings, Announces Management Changes

Chevron's Q2 adjusted earnings beat estimates as CEO tenure extended

Zenger

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Barchart

Is Chevron a Buy With Latest Deal for Shale Growth?

Chevron’s all-stock deal to buy PDC Energy looks like a slam dunk. The only fly in the ointment for the oil giant is an uncooperative economy combined with a lower price per barrel of oil.

Investors Business Daily

Is Chevron Stock A Buy Or A Sell After Revealing $53 Billion Hess Deal Is At Risk?

Chevron stock is gaining ground this month. However, the U.S. supermajor has revealed its mega deal for Hess is in danger.

Investors Business Daily

Chevron Provides Details On Capex, $75 Billion Buyback At Investor Day

Chevron stock edged lower Tuesday as the energy giant held its investor day event.

AFP

Chevron defends buybacks as it posts $35.5 bn in 2022 profit

New York (AFP) - Chevron defended its new $75 billion share repurchase program from White House criticism Friday, as it reported record profits of $35.5 billion in 2022.

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The Street

Chevron Earnings Miss Forecasts Days After $75 Billion Share Buyback Unveil

"We delivered on our financial priorities: returning cash to shareholders, investing capital efficiently, and paying down debt,” said CEO Mike Wirth.

Investors Business Daily

Oil Producer Stocks Exxon, Chevron Advance After Biden Calls For Tax On Profits

Exxon and Chevron edged up Tuesday after the president called on Congress to tax the oil industry.

AFP

US oil giants report huge profits in tight energy market

New York (AFP) - A day after blockbuster profits from European oil heavyweights, US oil giants ExxonMobil and Chevron reported another round of bumper earnings, prompting fresh attention from the White House.

The Guardian - US

Oil company profits boom as Americans reel from high fuel prices

ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn

WEKU

How a massive refinery shortage is contributing to high gas prices

Oil refineries have lost capacity over recent years, making it nearly impossible to increase supply and stabilize gas prices at the pump.

Tribune News Service

‘Constructive’ talk but no deal as Granholm meets oil execs

A meeting on Thursday of oil company executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices and refining capacity was “constructive,” even as it failed to produce a policy to address prices at the pump, industry leaders said.

AFP

Big Oil meeting with US govt cordial but no miracle gas price fix

Washington (AFP) - Biden administration officials and oil industry executives huddled in Washington on Thursday to discuss potential steps to address runaway gasoline prices, and while both sides called the talks constructive, no concrete plans for relief emerged.

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