Chevron (CVX) Drilling Suspended in Brazil, Shares Falling
Get Alerts CVX Hot Sheet
Price: $163.57 +0.44%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 4.2%
EPS Growth %: -16.6%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 4.2%
EPS Growth %: -16.6%
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Shares of Chevron (NYSE: CVX) have dipped well below $95 as ANP is reporting the company has been blocked from drilling in Brazil. Drilling at Frade has been suspended while regulators probe the spill.
Officials are saying "negligence" contributed to the spill.
Officials are saying "negligence" contributed to the spill.
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