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Chevron Corp (CVX)

CVX on New York Consolidated

119.71USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Gtt Signs New Global Services Agreement With Chevron Transport Corporation Ltd
Thursday, 14 Dec 2017 12:34pm EST 

Dec 14 (Reuters) - GTT ::SIGNS NEW GLOBAL SERVICES AGREEMENT WITH CHEVRON TRANSPORT CORPORATION LTD..SIGNED A 5-YEAR MASTER SERVICE AGREEMENT WITH CHEVRON TRANSPORT CORPORATION LTD..WILL SUPPORT CHEVRON'S MAINTENANCE AND OPERATION OF 10 LNGCS EQUIPPED WITH GTT'S MARK III AND NO96 TECHNOLOGIES.  Full Article

‍Chevron Announces $18.3 Billion Capital And Exploratory Budget For 2018​
Wednesday, 6 Dec 2017 07:00pm EST 

Dec 6 (Reuters) - Chevron Corp ::‍CHEVRON ANNOUNCES $18.3 BILLION CAPITAL AND EXPLORATORY BUDGET FOR 2018​.‍IN UPSTREAM BUSINESS, APPROXIMATELY $8.7 BILLION IS FORECASTED TO SUSTAIN CURRENTLY PRODUCING ASSETS FOR FY​.‍APPROXIMATELY $2.2 BILLION OF PLANNED CAPITAL SPENDING IS ASSOCIATED WITH COMPANY'S DOWNSTREAM BUSINESSES FOR FY​.CHEVRON - ‍PRODUCTION CURRENTLY EXCEEDING GUIDANCE IN PERMIAN, 2018 PLAN SHOULD DELIVER BOTH STRONG PRODUCTION GROWTH AND SOLID FREE CASH FLOW.2018 PLANNED CAPITAL & EXPLORATORY EXPENDITURES FOR TOTAL UPSTREAM BUSINESS $15.8 BILLION​.- ‍2018 BUDGET IS DOWN FOR FOURTH CONSECUTIVE YEAR, REFLECTING PROJECT COMPLETIONS, IMPROVED EFFICIENCIES, AND INVESTMENT HIGH-GRADING​.‍DEDICATING APPROXIMATELY THREE-QUARTERS OF SPEND TO PROJECTS THAT ARE EXPECTED TO REALIZE CASH FLOW WITHIN TWO YEARS​.‍FULLY FUNDING ADVANTAGED PERMIAN BASIN POSITION​.  Full Article

Pembina Pipeline Corporation announces $290 million of Duvernay Infrastructure Development
Monday, 6 Nov 2017 05:11pm EST 

Nov 6 (Reuters) - Pembina Pipeline Corp :Pembina Pipeline Corporation announces $290 million of Duvernay Infrastructure Development.Pembina Pipeline - co to construct, operate first tranche of infrastructure development under service agreement with Chevron Canada​.  Full Article

Chevron Canada announces Kaybob Duvernay development program
Monday, 6 Nov 2017 05:10pm EST 

Nov 6 (Reuters) - Chevron Corp ::Chevron Canada Limited announces Kaybob Duvernay development program.‍Chevron Canada Limited - moving into development on portion of leaseholdings in Kaybob Duvernay area of west-central Alberta​.‍Chevron Canada Limited - anticipate initial development program will comprise about 55,000 acres of co's operated position in Duvernay resource​.‍Chevron Canada - program to utilize service agreements with Pembina pipeline & Keyera, with service expected to be available during H2 2019​.  Full Article

Chevron updates on dispute with Australian Taxation Office
Thursday, 2 Nov 2017 12:17pm EDT 

Nov 2 (Reuters) - Chevron Corp :Chevron Corp says on Aug 14, an agreement was reached with the Australian Taxation Office to settle dispute - SEC filing.Chevron Corp says dispute related to the interest rate to be applied on certain Chevron intercompany loans.Chevron Corp - Believes agreed terms to be reasonable resolution of dispute, which did not have a material impact on co's year-to-date results.  Full Article

Microsoft Corp to become Chevron's primary cloud provider​
Monday, 30 Oct 2017 09:00am EDT 

Oct 30 (Reuters) - Chevron Corp :Announced a seven-year partnership with Microsoft Corp establishing company as Chevron's primary cloud provider​.  Full Article

Chevron holds off on dividend raise due in part to OPEC
Friday, 27 Oct 2017 12:21pm EDT 

Oct 27 (Reuters) - Chevron Corp :Chief Executive John Watson says three Gorgon trains operating 'well above' nameplate capacity.CEO says first cargo from Wheatstone LNG train 2 scheduled for Q2 2018.CEO says 2018 will be peak spending year for Kazakhstan growth project.CEO says chose not to raise dividend in Q4 due to market uncertainty, especially around OPEC.CEO says expects consolidation in U.S. shale industry in next five years.  Full Article

Chevron reports Q3 earnings per share $1.03
Friday, 27 Oct 2017 08:30am EDT 

Oct 27 (Reuters) - Chevron :Chevron reports third quarter net income of $2.0 billion.Q3 earnings per share $1.03.Q3 sales $34 billion versus I/B/E/S view $34.06 billion.Q3 earnings per share view $0.98 -- Thomson Reuters I/B/E/S.Chevron Corp - ‍International downstream operations earned $1.17 billion in Q3 2017 , compared with $542 million a year earlier​.Chevron Corp - ‍International upstream operations earned $515 million in Q3 2017, compared with $666 million a year ago​.Chevron Corp - ‍U.S. Upstream operations incurred a loss of $26 million in Q3 2017, compared with a loss of $212 million from a year earlier​.Chevron Corp - International ‍net oil-equivalent production of 2.04 million barrels per day in Q3 2017 was up 221,000 barrels per day from a year earlier​.Chevron Corp - ‍U.S. Downstream operations earned $640 million in Q3 2017, compared with earnings of $523 million a year earlier​.Chevron Corp - ‍Worldwide net oil-equivalent production was 2.72 million barrels per day in Q3 2017, compared with 2.51 million barrels per day from a year ago​.Chevron Corp - ‍ Foreign currency effects decreased earnings in 2017 Q3 by $112 million, compared with an increase of $72 million a year earlier​.Chevron Corp - U.S. ‍refinery crude oil input in Q3 2017 decreased 4 percent from year-ago period to 931,000 barrels per day​.Chevron Corp - ‍International downstream refinery crude oil input of 801,000 barrels per day in Q3 2017 increased 11,000 barrels per day.  Full Article

Chevron corp declares quarterly dividend of $1.08 per share​
Wednesday, 25 Oct 2017 04:30pm EDT 

Oct 25 (Reuters) - Chevron Corp : :Chevron Corp - ‍declared a quarterly dividend of $1.08 per share​.  Full Article

Keyera announces long-term Duvernay natural gas liquids agreement with Chevron
Tuesday, 10 Oct 2017 08:14am EDT 

Oct 10 (Reuters) - Keyera Corp :Keyera announces long-term Duvernay natural gas liquids agreement with Chevron.Keyera Corp - ‍has entered into a 20-year midstream agreement with chevron canada limited​.Keyera Corp - agreement is for co ‍to fractionate and handle natural gas liquids from Chevron's Kaybob Duvernay operations near Fox Creek, Alberta​.Keyera Corp - ‍agreement includes an area of dedication that is in excess of 230,000 gross operated acres and also includes take-or-pay commitments​.Keyera Corp - ‍under terms of agreement, Chevron will deliver approximately 50% of its natural gas liquids from area of dedication to Keyera​.  Full Article

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Exclusive: Chevron nears Schlumberger deal to drill wells in Brazil: sources

RIO DE JANEIRO Chevron Corp has reached preliminary agreement with oil services firm Schlumberger NV to drill six wells in a Brazilian offshore field, two sources said this week, in a bid to lift its output in the South American country after a 2011 oil spill there cut production.