Search Results
for Chevron

Oil Majors Boost Profits in 2018, Risks Loom
The oil majors have reported their best financial results in years, but they still face a litany of risks both in the near-term and in the years ahead.

Venezuela’s Production Losses Could Accelerate as Chevron Becomes a Target
Venezuelan intelligence arrested two employees of Chevron who balked at signing contracts with PDVSA. The move has broad implications and will likely lead to even more production losses.

Despite Strong First Quarter, Oil Industry Still Faces Investor Trepidation, Bottlenecks
The oil industry continues to struggle despite prices rising and expectations for strong earnings reports. Energy stocks in the S&P 500 declined by 6.6 percent in the first quarter.

Oil Majors Set for Big Profits in 2018, But Capex to Rise Only Slightly
The oil majors are expected to post $80 billion in organic free cash flow in 2018, but spending is expected to be modest.

Oil Majors Turn the Corner With First Quarter Profits
Oil majors may not be entirely out of the woods yet, but first-quarter performances suggest that they are on the upswing after nearly three years of mostly red ink.

Oil Majors Look to Smaller, Shorter-Cycle Shale Drilling
Exxon and other oil majors are still giving the green light to a handful of complex and risky but potentially highly profitable projects offshore, while at the same time increasingly shifting more resources into safer, smaller-scale shale drilling.

Oil Majors Take Major Hits in Q4, But Worst May Be Over
Oil majors are now cash flow neutral with oil prices trading around $50 per barrel, a milestone achieved after relentless cuts to spending and payrolls over the past couple of years.

Why Chevron’s Decision to Spend $37 Billion on the Tengiz Megaproject Makes Sense
The approval of the $37 billion expansion is the largest final investment decision across the entire global oil industry this year, and ranks in the top three in recent years.

Oil Majors Post Dramatic Losses in Q1 Earnings, but Still Beat Estimates
If oil prices do not rebound substantially, the oil majors will not be able to keep up such high levels of spending and still offer shareholders such generous dividends.

Why the Dow Is Vulnerable to Weak Oil Prices
A good bit of the linkage between oil prices and the Dow is the result of general market sentiment, psychology, and knee-jerk reactions. At the same time, however, the fallout from the pain in the energy sector is touching large segments of the economy, including many major U.S. corporations with exposure to oil and gas.