Chevron maintains a buy rating, supported by strong fundamentals, record production, and effective integration of the Hess acquisition. Temporary profitability headwinds from Hess-related costs and ...
Hess Midstream LP (NYSE:HESM) on Thursday, cut its financial and operational outlook for the coming years, citing a slowdown in drilling activity by Chevron Corp (NYSE:CVX) in the Bakken beginning in ...
Chevron reported stronger-than-expected third-quarter results on Friday, supported by record oil and gas production following its roughly $53-billion acquisition of Hess Corporation. The U.S.
Michael K. Wirth, Chairman & CEO, highlighted that "Production was a quarterly record for the company, both in the U.S. and worldwide. In the Permian, production averaged more than 1 million barrels ...
・Chevron expects to increase contributions from Hess to $1.5 billion by 2026. ・Chevron aims to repurchase shares for $10 - $20 billion annually through 2030. ・The company’s first AI data center power ...