Shale Firm Earnings To Follow Steep Big Oil Declines
at Investor's Business Daily - Sun Nov 01, 7:02AM CST
Chevron (CVX), Exxon Mobil (XOM) and other oil majors reported huge declines in earnings last week, and top U.S. shale producers are seen reporting equally large drops in earnings this week as oil prices remain under pressure. OPEC has kept output...
CXO: 115.91 (-0.09), CLR: 33.91 (+0.59), EOG: 85.85 (+0.33), XOM: 82.74 (+0.51), CRZO: 37.63 (+0.74), CVX: 90.88 (+0.99), OAS: 11.63 (+0.46)
Chevron Corporation Beats Analyst Estimates Thanks to a Strong Dollar
Isac Simon, The Motley Fool - Motley Fool - Fri Oct 30, 4:53PM CDT
A strong U.S. dollar and no impairments ensured profitable upstream operations for Chevron in the third quarter, a far cry from the embarrassing loss posted in the previous quarter . As a result, the San Ramon, California-based giant beat analyst...
CVX: 90.88 (+0.99)
Q3 Earnings Season: Revenue Weakness Stands Out
Sheraz Mian - ZACKS - Fri Oct 30, 4:46PM CDT
Q3 Earnings Season: Revenue Weakness Stands Out
LNKD: 240.87 (+23.87), FB: 101.97 (-2.91), XOM: 82.74 (+0.51), BAC: 16.78 (-0.31), GOOGL: 737.39 (-7.46), CVX: 90.88 (+0.99), MSFT: 52.64 (-0.72), AAPL: 119.50 (-1.03)
Business Highlights
By The Associated Press - AP - Fri Oct 30, 4:40PM CDT
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UNH: 117.78 (-1.93), XOM: 82.74 (+0.51), CVS: 98.78 (-5.02), CVX: 90.88 (+0.99)
US stocks slip but finish month with biggest gain in 4 years
By MARLEY JAY - AP - Fri Oct 30, 3:56PM CDT
The stock market drifted lower Friday but finished October with its biggest monthly gain in four years.
LNKD: 240.87 (+23.87), EXPE: 136.30 (+9.24), CVS: 98.78 (-5.02), KEY: 12.42 (-0.96), CVX: 90.88 (+0.99)
Watch for Chevron to Potentially Pullback After Gaining 1.10% Yesterday
Comtex SmarTrend(R) - Fri Oct 30, 3:46PM CDT
Chevron (NYSE:CVX) traded in a range yesterday that spanned from a low of $89.41 to a high of $91.98. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $90.93 on volume of 11.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CVX: 90.88 (+0.99)
Jim Cramer -- Buy Panera, WhiteWave, Target Now; Don't Fall for GoPro
at The Street - Fri Oct 30, 2:39PM CDT
TheStreet's Jim Cramer, Action Alerts Plus Portfolio Manager and host of CNBC's 'Mad Money,' talked about Exxon and Chevron Friday from the floor of the New York Stock Exchange.
WFM: 29.96 (-0.19), AMZN: 625.90 (-0.65), GPRO: 25.00 (-0.62), PNRA: 177.37 (-2.32), FB: 101.97 (-2.91), BBW: 15.56 (+1.31), WMT: 57.24 (-0.72), XOM: 82.74 (+0.51), HRL: 67.55 (-0.28), WWAV: 40.98 (+0.74), HAIN: 49.85 (-0.22), TGT: 77.18 (+0.90), COST: 158.12 (-0.16), TWTR: 28.46 (-0.60), CVX: 90.88 (+0.99), GIS: 58.11 (-0.07)
Chevron Sees Even More Spending Cuts Through 2018
at Investor's Business Daily - Fri Oct 30, 2:24PM CDT
Chevron (CVX) hinted at how much longer the oil downturn may last with guidance that its capital expenditures will drop for three more years, standing out as the only oil major with a bearish view that far in the future. On Friday, Chevron said it...
COP: 53.35 (-0.27), XOM: 82.74 (+0.51), BP: 35.70 (-0.01), CVX: 90.88 (+0.99), BHI: 52.68 (+0.09)
Stocks Fall Back Into Red as Financials Lag
at The Street - Fri Oct 30, 1:55PM CDT
Stocks fall back into the red Friday afternoon as a lag in financial stocks overshadows a push higher by the energy sector.
BUD: 119.33 (+1.59), VRX: 93.77 (-17.73), C: 53.17 (-0.49), FNFG: 10.35 (-0.03), XOM: 82.74 (+0.51), BAC: 16.78 (-0.31), WFC: 54.14 (-0.95), KEY: 12.42 (-0.96), SBUX: 62.57 (+0.07), FSLR: 57.07 (+6.08), RDS.A: 52.46 (-0.10), JPM: 64.25 (-0.96), LNKD: 240.87 (+23.87), SCTY: 29.65 (-8.42), CVS: 98.78 (-5.02), BP: 35.70 (-0.01), ABBV: 59.55 (+5.45), XLF: 24.08 (-0.35), CVX: 90.88 (+0.99), PTR: 78.63 (+1.17), XLE: 68.03 (+0.44), STO: 16.16 (+0.19), CL: 66.35 (-2.88)
Chevron cutting up to 7,000 jobs as oil profits shrink
By DAVID KOENIG - AP - Fri Oct 30, 1:48PM CDT
DALLAS (AP) — Chevron is cutting up to 7,000 jobs, or 11 percent of its workforce, the latest indication of the toll that low oil prices are taking on the industry.
HAL: 38.38 (+0.19), XOM: 82.74 (+0.51), CVX: 90.88 (+0.99)
Chevron Corp (CVX) Earnings Report: Q3 2015 Conference Call Transcript
at The Street - Fri Oct 30, 12:41PM CDT
The following Chevron Corp (CVX) conference call took place on October 30, 2015, 11:00 AM ET. This is a transcript of that earnings call:
CVX: 90.88 (+0.99)
Shares of CVX Up 14.0% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Oct 30, 12:12PM CDT
SmarTrend identified an Uptrend for Chevron (NYSE:CVX) on October 1st, 2015 at $79.35. In approximately 4 weeks, Chevron has returned 13.99% as of today's recent price of $90.46.
CVX: 90.88 (+0.99)
Watch for Shares of Chevron (CVX) to Approach Resistance at $91.78
Comtex SmarTrend(R) - Fri Oct 30, 11:46AM CDT
Shares of Chevron (NYSE:CVX) opened today above their pivot of $89.99 and have already reached the first level of resistance at $90.83. Investors may be interested in a cross of the next upside pivot targets of $91.78 and $93.57.
CVX: 90.88 (+0.99)
Battle of the Dividend Giants: Exxon Mobil vs. Chevron
at The Street - Fri Oct 30, 11:42AM CDT
We pinpoint which of these energy behemoths is your best bet for steady, robust income.
XOM: 82.74 (+0.51), CVX: 90.88 (+0.99)
Chevron (CVX) Q3 Earnings Slide but Beats Estimate
Nilanjan Choudhury - Zacks Investment Research - Fri Oct 30, 10:26AM CDT
Energy major Chevron Corp. (CVX) was helped by fatter profits at its downstream unit amid low commodity prices.
RDS.A: 52.46 (-0.10), XOM: 82.74 (+0.51), BP: 35.70 (-0.01), CVX: 90.88 (+0.99)
Stocks Are Mixed as Chicago Business Activity Improves
at The Street - Fri Oct 30, 9:35AM CDT
Stocks turn mixed by mid-morning after business activity in Chicago rebounds and consumer sentiment improves.
BUD: 119.33 (+1.59), VRX: 93.77 (-17.73), WU: 19.25 (+0.24), XOM: 82.74 (+0.51), SBUX: 62.57 (+0.07), ESRX: 86.38 (-0.77), FSLR: 57.07 (+6.08), LNKD: 240.87 (+23.87), SCTY: 29.65 (-8.42), CVS: 98.78 (-5.02), ABBV: 59.55 (+5.45), CVX: 90.88 (+0.99), CL: 66.35 (-2.88)
Chevron cutting up to 7,000 jobs; profit falls to $2 billion
AP - Fri Oct 30, 9:27AM CDT
SAN RAMON, Calif. (AP) — Chevron Corp. is cutting up to 7,000 jobs, or 11 percent of its workforce, as it deals with lower oil prices that are cutting deeply into profit.
XOM: 82.74 (+0.51), CVX: 90.88 (+0.99)
October to Finish on a Positive Note?
Sheraz Mian - Zacks Investment Research - Fri Oct 30, 9:23AM CDT
The major indexes appear on track to continue the recent positive momentum at todays open, potentially finishing October's strong gains on a positive note.
XOM: 82.74 (+0.51), CVX: 90.88 (+0.99)