Chevron Corporation (CVX) Q4 2023 Earnings Call Transcript

Why Chevron Stock Jumped Friday

12:27pm, Friday, 02'nd Feb 2024
Chevron's production grew to record levels with a 14% increase in the U.S. last year. The U.S.'s second-largest oil company beat analysts' earnings expectations.

Nonfarm Payrolls Increased More Than Expected

11:46am, Friday, 02'nd Feb 2024
The big jobs numbers out this week came from this morning's U.S. Bureau of Labor Statistics' (BLS) Employment Situation report, which surprised to the upside in a major way: 353K new jobs created for
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Chevron Corporation (NYSE:CVX, ETR:CHV) both reported results on Friday that proved positive for the oil giants. Exxon announced a better-than-expected $36 bi

BLS Jobs Up Big: 353K, 3.7% Unemployment

11:26am, Friday, 02'nd Feb 2024
353K new jobs created for January are nearly double the 180K or so analysts were looking for.
Chevron (CVX) paid $2.8 billion in dividends during the fourth quarter and bought back $3.4 billion worth of its shares.
Although the revenue and EPS for Chevron (CVX) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Stree

Chevron (CVX) Surpasses Q4 Earnings Estimates

08:26am, Friday, 02'nd Feb 2024
Chevron (CVX) came out with quarterly earnings of $3.45 per share, beating the Zacks Consensus Estimate of $3.29 per share. This compares to earnings of $4.09 per share a year ago.
CNBC's Becky Quick reports on the company's quarterly earnings results.
Chevron (NYSE: CVX ), one of the world's leading integrated energy companies, saw its shares rise 1% on Friday, following the release of mixed fourth-quarter earnings. Revenue missed Wall Street expec
The stock fell 17% last year because of operational shortfalls and declining oil and gas prices.
Chevron Corp. CVX, +0.31% said Friday it had net income of $2.3 billion, or $1.22 a share, in the fourth quarter, down from $6.4 billion, or $3.33 a share, in the year-earlier period. Adjusted per-sha
Chevron's profits sagged as the company's U.S. oil and gas assets posted a loss of $1.35 billion.
Chevron Corp on Friday reported a sharply lower, $21.3 billion profit for 2023 as earnings from oil production and refining fuels tumbled during a year of missteps and charges.
Hess stock trades at a roughly 7% discount to the current value of Chevron's all-stock offer for the energy company.
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