Chevron Products Company, a division of Chevron U.S.A. Inc., maker of technologically advanced engine oils, lubricants and coolants announced at the Great American Trucking Show their new customer-focused campaign “Engineered with Purpose,” re-affirming their commitment to moving their customers' business forward through application of the most advanced technology. As part of the announcement at GATS, Chevron [...]
Chevron Corp. today reported earnings of $4.3 billion for second quarter 2019, compared with $3.4 billion in the second quarter of 2018. Included in the current quarter were earnings of $740 million associated with the Anadarko merger termination fee and a non-cash tax benefit of $180 million related to a reduction in the Alberta, Canada corporate income tax rate. Foreign currency effects increased earnings in the 2019 [...]
The Board of Directors of Chevron Corp. declared a quarterly dividend of one dollar and nineteen cents per share, payable September 10, 2019, to all holders of common stock as shown on the transfer records of the Corporation at the close of business August 19, 2019. View source version on businesswire.com: https://www.businesswire.com/news/home/20190731005196/en/ Contact Sean Comey -- +1 925-842-5509...
A group of Ecuadorian plaintiffs whose litigation against Chevron Corp. has been exposed as a fraud and bribery scheme by courts in the United States and elsewhere has ended its Canadian lawsuit against the company. Following dismissals of their claims in Argentina and Brazil, findings against them in the United States and Gibraltar, and a ruling in The Hague that the Republic of Ecuador’s failure to prevent the [...]
Chevron Corp. , one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, August 2, 2019 at 11:00 a.m. ET . Conference Call Information: Date: Friday, August 2, 2019 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 706-634-0892 / 877-604-2078 Conference ID #: 6992536 To access the live webcast, visit www.chevron.com. The meeting replay will also be available on the [...]
Chevron Corp. today named David Inchausti as corporate vice president and comptroller effective June 16, 2019. Inchausti succeeds Jeanette Ourada, who has elected to leave the company. In his new role, Inchausti will lead Chevron’s accounting, financial reporting and analysis, internal controls and Finance Shared Services organizations. He will report to Pierre Breber, Chevron’s vice president and chief [...]
Chevron Corp. today provided an overview of the company’s 2018 operational performance and its future prospects at its 2019 Annual Meeting of Stockholders at its corporate headquarters in San Ramon, California. The company earned $14.8 billion last year, compared with $9.2 billion in 2017. In the first quarter of this year, Chevron’s oil-equivalent production of 3.04 million barrels per day was up almost seven [...]
Anadarko Petroleum Corp. today announced that it has entered into a definitive merger agreement with Occidental Petroleum Corp. under which Occidental will acquire all of the outstanding shares of Anadarko for consideration consisting of $59.00 in cash and 0.2934 of a share of Occidental common stock per share of Anadarko common stock. Anadarko also announced that prior to entering into the merger agreement with [...]
Chevron Corp. announced today that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation , it will not make a counterproposal and will allow the four-day match period to expire. Accordingly, Chevron anticipates that Anadarko will terminate the Merger Agreement. “Winning in any environment doesn’t mean winning at any cost. Cost and capital discipline always matter [...]
Chevron U.S.A. Inc. , a wholly owned subsidiary of Chevron Corporation , today announced that it has completed the acquisition from Petrobras America Inc. of all the outstanding shares and equity interests of Pasadena Refining System, Inc. and PRSI Trading LLC for $350 million, excluding working capital. PRSI’s 466-acre complex in Pasadena, Texas, adds a second refinery to CUSA’s Gulf Coast downstream [...]
HOUSTON, April 29, 2019 /PRNewswire/ -- Anadarko Petroleum Corp. today announced that it intends to resume negotiations with Occidental Petroleum Corp. in response to Occidental's proposal to acquire Anadarko, which was announced by Occidental on April 24, 2019 . As disclosed previously, Anadarko entered into a definitive merger agreement with Chevron Corp. on April 11, 2019 . Anadarko is resuming its earlier negotiations [...]
Chevron Corp. today reported earnings of $2.6 billion for first quarter 2019, compared with $3.6 billion in the first quarter of 2018. Foreign currency effects decreased earnings in the 2019 first quarter by $137 million. Sales and other operating revenues in first quarter 2019 were $34 billion, compared to $36 billion in the year-ago period. Earnings Summary Three Months Ended March 31 Millions of dollars 2019 2018 [...]
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