Chevron Products Company, a division of Chevron U.S.A. Inc., maker of technologically advanced engine oils, lubricants and coolants today announced LubeSource is the latest First Source Lubrication Marketer for Chevron Canada Limited. As a Chevron-branded First Source marketer, LubeSource is recognized as one of Chevron’s top-performing Delo, Havoline and Chevron Industrial Lubrication Marketers. The First Source [...]
Swank Capital, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index as part of normal index operations. After the markets close on March 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on April 2, 2018: Cushing® Energy Supply Chain Index constituents, effective April 2, 2018: Company Name [...]
Chevron Corp. hosted its annual security analyst meeting in New York, where executives highlighted the company’s plans to excel in any market environment. “We intend to grow free cash flow in 2018 and thereafter,” said Michael K. Wirth, Chevron’s chairman and chief executive officer. “Even with no commodity price appreciation, we expect to deliver stronger upstream cash margins and production [...]
Chevron Corp. today published its second report describing the company’s approach to managing climate change risks and its resilience under a low carbon scenario. Titled Climate Change Resilience – A Framework for Decision Making, the publication builds on the company’s prior report on managing climate change risks and provides more detail on the company’s approach to governance, risk management [...]
Chevron Corp. , one of the world’s leading energy companies, will hold its security analyst meeting on Tuesday, March 6, 2018 in New York City from 8:00 a.m. to 9:30 a.m. Eastern . To access the live webcast, visit http://www.chevron.com/investors. The webcast archive will also be available on the company website under the “Investors” section. Chevron Corp. is one of the world's leading integrated energy [...]
Chevron Corp. today reported earnings of $3.1 billion for fourth quarter 2017, compared with $415 million in the 2016 fourth quarter. Included in the quarter were non-cash provisional tax benefits of $2.02 billion related to U.S. tax reform and a non-cash charge of $190 million related to a former mining asset. Foreign currency effects decreased earnings in the 2017 fourth quarter by $96 million. Full-year 2017 earnings [...]
Chevron Corp. today named Bruce Niemeyer corporate vice president of Strategic Planning, effective immediately. Niemeyer is currently vice president of Chevron’s Mid-Continent Business Unit. In his new role, Niemeyer, 56, will be responsible for setting the strategic direction for the company, allocating capital and other resources and determining operating unit performance measures and targets. He will report to [...]
Chevron Corp. announced that Jim Umpleby has been elected to Chevron’s board of directors. Umpleby’s appointment is effective March 1, 2018, and he will serve on the Board Nominating and Governance Committee as well as the Management Compensation Committee. “Jim Umpleby brings valuable perspective to the Board as chief executive of one of the world’s leading manufacturers of heavy equipment,&rdquo [...]
The Board of Directors of Chevron Corp. today declared a quarterly dividend of one dollar and twelve cents per share, payable March 12, 2018, to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 16, 2018. This increase puts Chevron on track to make 2018 the 31st consecutive year with an increase in annual dividend payout. CAUTIONARY STATEMENTS RELEVANT TO [...]
Chevron Corp. today announced a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180130006494/en/ The Ballymore well was drilled by Pacific Drilling’s Sharav deepwater drillship Ballymore is located in the Mississippi Canyon area of the U.S. Gulf of Mexico [...]
San Ramon, CA, Jan. 04, 2018 -- Chevron Corp. , one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, February 2, 2018, at 11:00 a.m. ET . Conference Call Information: Date: Friday, February 2, 2018 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # : 706-634-0892 / 877-604-2078 Conference ID #: 7594049 To access the live webcast, visit www.chevron.com. The meeting replay [...]
Chevron today announced a contribution of $500,000 from the Chevron Global Community Fund to the American Red Cross in support of relief efforts for the wildfires in Ventura, Santa Barbara, Los Angeles and San Diego counties. “Chevron, like others in California, wants to help with the response to these devastating wildfires,” said Mike Wirth, Chevron’s vice chairman and executive vice president [...]
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