Chevron (CVX) misses earnings expectations on lower refining margins
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Chevron Announces Headquarters Relocation and Senior Leadership Changes
August 2, 2024 6:16 AM EDTSAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today announced the relocation of the companys headquarters from San Ramon, California, to Houston, Texas, and senior leadership changes.
Headquarters Relocation
The companys headquarters will move from San Ramon, California, to Houston, Texas. Chevron Chairman and CEO, Mike Wirth, and Vice Chairman, Mark Nelson, will move to Houston before the end of 2024 to co-locate with other senior leaders and enable better collaboration and engagement with executives, employees, and business partners.
There will be minimal immediate relocation... More
Chevron Reports Second Quarter 2024 Results
August 2, 2024 6:15 AM EDTReported earnings of $4.4 billion; adjusted earnings of $4.7 billion Record Permian production; worldwide production 11 percent higher than last year Returned $6 billion cash to shareholders; more than $50 billion over last two years
SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) reported earnings of $4.4 billion ($2.43 per share - diluted) for second quarter 2024, compared with $6.0 billion ($3.20 per share - diluted) in second quarter 2023. Foreign currency effects decreased earnings by $243 million. Adjusted earnings of $4.7 billion ($2.55 per share - diluted) in second quarter 2024 compared to adjusted earnings of $5.8 billion ($3.08... More
