Chevron Stock News
$224.96
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NYSE, Oct 16, 04:42 pm EDT.
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Chevron Stock News
A week that tested the financial markets showed the resilience of Dow Jones stocks. Apple and Coca-Cola were among nine standouts.
Shell and Chevron said on Wednesday they were curtailing offshore operations in the Gulf of Mexico as Tropical Storm Isaias approached the region.
Hess Midstream's deal with Chevron means lower earnings but also longer contracts, fewer shares outstanding, and expansion into a second region.
Hess Midstream (NYSE:HESM) shares fell over 16% to $32.25 on Wednesday morning after Chevron agreed to transfer its ownership interests in the midstream company and DJ Basin crude oil assets in exchange for revised Bakken terms, with the company forecasting 2027 Adjusted EBITDA of $850 million to $950 million. The agreements will extend Chevron's Bakken midstream contracts and are expected to r...
Chevron CEO Mike Wirth warned Wednesday it would be "unwise" of the US to impose a ban on diesel exports, saying such a policy could actually make the global energy crisis worse.
Chevron CEO warns against 'unwise' diesel export ban, saying it could make things worse
Chevron said on Tuesday it was transporting non-essential personnel from its offshore platforms in the Gulf of Mexico as a possible tropical storm approached the US Gulf Coast.
Chevron said on Tuesday that several of its subsidiaries signed agreements with Hess Midstream to restructure their Bakken midstream contracts and create new midstream contracts in the DJ Basin.
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