UBS Raises Price Target on Chevron (CVX) Following 3Q Earnings and Guidance
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Chevron Announces First Production from the Lianzi Development Offshore the Republic of Congo and Angola
November 2, 2015 8:30 AM ESTCross-border project expected to produce an average of 40,000 barrels of oil per day
SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Chevron Overseas (Congo) Limited, has commenced oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola.
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Chevron Reports Third Quarter Net Income of $2.0 Billion
October 30, 2015 8:30 AM EDTExpenses down; 2016 capital spending budget sharply reduced
SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $2.0 billion ($1.09 per share diluted) for third quarter 2015, compared with earnings of $5.6 billion ($2.95 per share diluted) in the 2014 third quarter. Foreign currency effects increased earnings in the 2015 quarter by $394 million, compared with an increase of $366 million a year earlier.
Sales and other operating revenues in third quarter 2015 were $33 billion, compared to $52 billion in the year-ago period.
Earnings Summary
  Three Months Nine Months Ended Sept. 30   Ended Sept. 30  Millions of dollars  2015   2014   2015   2014  Earnings by Business Segment   Upstream... MoreChevron Announces the Successful Appraisal of the Anchor Discovery in the Deepwater Gulf of Mexico
October 29, 2015 8:30 AM EDTSignificant discovery in the Lower Tertiary Wilcox trend
SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today announced the successful appraisal of the Anchor discovery in the Lower Tertiary Wilcox Trend.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151029005419/en/
The positive results of our appraisal work at Anchor indicate a significant discovery of potentially hub class scale, said Jay Johnson, executive vice president... More
