Form 8-K CHEVRON CORP For: Aug 02
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Chevron (CVX) misses earnings expectations on lower refining margins
August 2, 2024 6:41 AM EDTChevron (NYSE: CVX) reported second quarter earnings on Friday morning with its profit falling short of analyst expectations, as lower refining margins weighed on results despite record production in key regions.
The oil giant's stock slipped 2.4% following the release.
The company posted adjusted earnings of $4.7 billion, or $2.55 per share, missing the consensus estimate of $2.94 per share. Revenue came in at $51.18 billion, surpassing analyst projections of $48.68 billion.
Chevron's worldwide net oil-equivalent production rose 11% YoY to 3.29 million barrels per day,... More
