Chevron (CVX) Misses Q2 EPS by 31c, Revenues Miss
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Go back to Chevron (CVX) Misses Q2 EPS by 31c, Revenues Miss
July 26, 2018 9:18 PM EDT
By Sonali Paul and Ron Bousso
MELBOURNE/LONDON (Reuters) - BP Plc (NYSE: BP) has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton (NYSE: BLT) (NYSE: BHP) for $10.5 billion, expanding the British oil major's footprint in some of the nation's most productive oil basins in its biggest deal in nearly 20 years.
The acquisition of about 500,000 producing acres marks a turning point for BP since the Deepwater Horizon rig disaster in the Gulf of Mexico... More
July 25, 2018 11:39 AM EDT
Chevron (NYSE: CVX) July weekly call option implied volatility is at 41, August is at 21; compared to its 52-week range of 12 to 30 into the expected release of Q2 before the market open on July 27. Call put ratio 3.1 calls to 1 put.
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