This notice relates to a proposed voluntary dismissal of a shareholder derivative action and is being given pursuant to an order of The United States District Court for the Northern District of California. The purpose of the notice is to advise Chevron (NYSE:CVX) shareholders that plaintiff, Stephen Bushansky, in the below referenced action wishes to voluntarily dismiss the case. Additional information on the action and [...]
Chevron Corp. (NYSE:CVX) today reported earnings of $5.7 billion ($2.98 per share – diluted) for second quarter 2014, compared with $5.4 billion ($2.77 per share – diluted) in the 2013 second quarter. Foreign currency effects decreased earnings in the 2014 quarter by $232 million, compared with an increase of $302 million a year earlier. Sales and other operating revenues in second quarter 2014 were $56 billion [...]
The Board of Directors of Chevron Corp. (NYSE:CVX) today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable September 10, 2014, to holders of common stock as shown on the transfer records of the Corporation at the close of business on August 19, 2014. Contact Chevron Corp.Justin Higgs, +1-925-790-6501 ...
Chevron Corp. (NYSE:CVX) subsidiary Chevron U.S.A. Inc. announced that it has begun commercial production of premium base oils from a newly constructed manufacturing facility at the company’s Pascagoula refinery. Base oils produced at Pascagoula will add to capacity from the company’s refinery in Richmond, California and a joint venture facility in Yeosu, Korea, approximately doubling Chevron’s production capacity and [...]
Chevron Corp. (NYSE:CVX) today reported in its interim update that earnings for the second quarter 2014 are expected to be higher than first quarter 2014 as a result of gains on asset sales and an absence of impairments in the prior quarter. Foreign exchange losses in the second quarter are expected to be higher than first quarter losses. The interim update contains industry and company operating data for the first two [...]
SAN RAMON, Calif., June 25, 2014 (GLOBE NEWSWIRE) -- Chevron Corp. (NYSE:CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, August 1, 2014, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information: Date: Friday, August 1, 2014 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # (Listen-only mode): 703-639-1116 / 866-219-5256 Conference ID #: 1639971 [...]
Written by John Egan for Industrial Info Resources - Royal Dutch Shell plc is selling its acreage in the Eagle Ford Shale to Sanchez Energy Corp. for about $639 million, continuing the super-major's asset sales and portfolio repositioning. Shell bought that acreage a few years back for an estimated $1 billion. Last summer, the super-major took a $2.1 billion write-down on the value of its Eagle Ford assets.
Chevron Corp. (NYSE: CVX) today announced that its subsidiary, Chevron Global Energy Inc., has sold its 25 percent non-operated interest in a producing oil concession in southern Chad and the related export pipeline interests to the Republic of Chad for approximately $1.3 billion. The sale closed June 13. “This sale demonstrates our focus on strategically managing our portfolio to maximize the value of our global [...]
Chevron Corp. (NYSE: CVX) announced today that it is increasing its support to the Niger Delta Partnership Initiative (NDPI) Foundation. Chevron is committing an additional $40 million over five years to expand a portfolio of programs and partnerships that have successfully promoted economic development, improved the capacity of civil society institutions, and helped reduced conflict in Nigeria’s Niger Delta region since [...]
Chevron Corp. (NYSE: CVX) today provided an overview of the company’s 2013 operational and social performance and future growth plans at its 2014 Annual Meeting of Stockholders in Midland, Texas. “Chevron’s 2013 results demonstrate that we remain well positioned to grow profitably and continue to deliver superior stockholder value,” said John Watson, chairman of the board and chief executive officer. “We continue to [...]
Chevron Corp. (NYSE: CVX) today announced it has reached a settlement agreement with Patton Boggs LLP, a lobbying and law firm headquartered in Washington, D.C. Chevron had filed counterclaims in federal court against Patton Boggs for its role in a lawsuit against the company in Ecuador. In today’s settlement, Patton Boggs has resolved those claims by withdrawing from the fraudulent Ecuador litigation, issuing a ...
Chevron Corp. (NYSE: CVX) today reported earnings of $4.5 billion ($2.36 per share – diluted) for the first quarter 2014, compared with $6.2 billion ($3.18 per share – diluted) in the 2013 first quarter. Sales and other operating revenues in the first quarter 2014 were $51 billion, compared to $54 billion in the year-ago period. Earnings Summary ...
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