FTC Probes Hess, Occidental Executives Over OPEC Communications; US Antitrust Agency Seeks Signs Of Price, Supply Coordination
- Bloomberg
- Bloomberg
Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
7/18/2024 | Peer Perform | Wolfe Research | ||
7/18/2024 | Peer Perform | Wolfe Research | ||
7/17/2024 | $183.00 → $167.00 | Outperform → Mkt Perform | Bernstein | |
4/29/2024 | $155.00 → $160.00 | Hold | TD Cowen | |
4/11/2024 | $195.00 | Sector Perform → Sector Outperform | Scotiabank | |
4/10/2024 | $203.00 | Overweight | Barclays | |
2/6/2024 | $160.00 | Buy → Hold | DZ Bank | |
1/23/2024 | $170.00 → $150.00 | Outperform → Market Perform | TD Cowen |
Wolfe Research resumed coverage of Hess with a rating of Peer Perform
Wolfe Research resumed coverage of Chevron with a rating of Peer Perform
Bernstein downgraded Chevron from Outperform to Mkt Perform and set a new price target of $167.00 from $183.00 previously
10-Q - HESS CORP (0000004447) (Filer)
10-Q - CHEVRON CORP (0000093410) (Filer)
8-K - CHEVRON CORP (0000093410) (Filer)
SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow" or "the Company") announced today that Leland "Lee" T. Jourdan has been appointed to the SilverBow Board of Directors (the "Board"), effective March 27, 2024. Mr. Jourdan's appointment is part of SilverBow's long-term and ongoing director search program conducted over the last 18 months with the assistance of a globally recognized search firm. Mr. Jourdan has deep experience in the oil and gas industry, and his leadership and accomplishments in promoting diversity, equity and inclusion ("DEI") have been widely recognized. He brings a demonstrated track record in international commercial and business development, mergers and acquisitions,
After 33 years of distinguished service, Mark Ross, President of Chevron Shipping Company, has elected to retire effective May 1, 2024. Barbara Pickering, currently Vice President of Operations, Chevron Shipping Company, will succeed Mark as President. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240124396325/en/Mark Ross, President, Chevron Shipping Company (Photo: Business Wire) Mark has led Chevron Shipping Company since 2015. Prior to that, he served as Vice President of Operations of the company for four years. He joined Chevron in 1990 and has held positions of increasing responsibility in Chevron's Midstream, Upstream,
Civitas Resources, Inc. (NYSE:CIVI) ("Civitas" or the "Company") today announced that Hodge Walker has been appointed Chief Operating Officer, effective April 5, 2023. He will replace Matt Owens who has left the company. Chris Doyle, President and CEO, said, "On behalf of the Board of Directors and the Company, I am pleased to welcome Hodge to Civitas. With more than 25 years of industry experience, Hodge has a proven track record of successfully leading teams and driving a culture of operational excellence. I am confident he will help advance our already strong team and our commitment to safe, efficient, and responsible operations. Finally, I would like to thank Matt for the significant
Investors with a lot of money to spend have taken a bearish stance on Chevron (NYSE:CVX). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CVX, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 13 uncommon options trades for Chevron. This isn't normal. The overall sentiment of these big-money traders is split between 23% bullish and 61%, bearish. Out of all of the special option
Oil stocks fell early Monday amid concerns that Vice President Kamala Harris could take a tougher stance on the oil and gas industry if she becomes the Democratic presidential nominee and wins the race for the White House. As California attorney general, Harris filed lawsuits against fossil fuel companies, supported reducing greenhouse gas emissions, and pushed for a ban on fracking, according to Offshore Technology. Harris has also been critical of offshore oil exploration and defended California's Low Carbon Fuel Standard. This potential shift in the political landscape has investors worried, with oil majors seeing declines on Monday. Oil Stocks Feeling The Heat At the time of
Truist Securities analyst Neal Dingmann maintains Chevron (NYSE:CVX) with a Hold and lowers the price target from $166 to $156.
4 - CHEVRON CORP (0000093410) (Issuer)
4 - CHEVRON CORP (0000093410) (Issuer)
4 - CHEVRON CORP (0000093410) (Issuer)
Technology group Wärtsilä, in partnership with Chevron Shipping Company LLC, plans to convert one engine on six of Chevron Transport Corporation Ltd.'s LNG Carriers from dual-fuel (DF) to spark gas (SG) operation. The conversions are intended to reduce greenhouse gas emissions by lowering methane slip in support of Chevron Shipping's broader efforts to reduce the carbon intensity of its operations. This marine industry first was made possible after two years of collaboration between the companies. The order for the first two vessels was booked by Wärtsilä in Q3 2024. LNG, when burned as a fuel, results in small amounts of methane that may not fully combust leading to methane escaping into
Wind-Assisted Ship Propulsion System is an LNG Shipping First As part of their ongoing commitment to lower the carbon intensity of their operations, Chevron Shipping Company LLC (Chevron), a subsidiary of Chevron U.S.A. Inc., and Mitsui O.S.K. Lines, Ltd. (MOL) announced an agreement to install Wind Challenger, a hard sail wind-assisted ship propulsion system developed by MOL and Oshima Shipbuilding together (Note 1), to a new build LNG carrier under long term charter from MOL Encean Pte. Ltd. (MOL's 100% indirectly owned subsidiary) to Chevron Asia Pacific Shipping Pte. Ltd. This vessel will mark the world's first LNG carrier equipped with Wind-Assisted Ship Propulsion Systems. This press
The Board of Directors of Hess Corporation (NYSE:HES) today declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on September 30, 2024 to holders of record at the close of business on September 16, 2024. The dividend represents an approximate 14% increase compared to the dividend for the second quarter of 2024, which equals a 25 cent increase per share on an annualized basis. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com. View source version on businesswire.com: https://www.
SC 13G/A - HESS CORP (0000004447) (Subject)
SC 13G/A - HESS CORP (0000004447) (Subject)
SC 13G/A - HESS CORP (0000004447) (Subject)
The Board of Directors of Hess Corporation (NYSE:HES) today declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on September 30, 2024 to holders of record at the close of business on September 16, 2024. The dividend represents an approximate 14% increase compared to the dividend for the second quarter of 2024, which equals a 25 cent increase per share on an annualized basis. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com. View source version on businesswire.com: https://www.
Reported earnings of $4.4 billion; adjusted earnings of $4.7 billion Record Permian production; worldwide production 11 percent higher than last year Returned $6 billion cash to shareholders; more than $50 billion over last two years Chevron Corporation (NYSE:CVX) reported earnings of $4.4 billion ($2.43 per share - diluted) for second quarter 2024, compared with $6.0 billion ($3.20 per share - diluted) in second quarter 2023. Foreign currency effects decreased earnings by $243 million. Adjusted earnings of $4.7 billion ($2.55 per share - diluted) in second quarter 2024 compared to adjusted earnings of $5.8 billion ($3.08 per share - diluted) in second quarter 2023. See Attachment
Second Quarter Financial and Operational Highlights: Net income was $757 million, or $2.46 per share, compared with net income of $119 million, or $0.39 per share, in the second quarter of 2023 Adjusted net income1 was $809 million, or $2.62 per share, compared with $201 million, or $0.65 per share, in the second quarter of 2023 Oil and gas net production was 494,000 barrels of oil equivalent per day (boepd), up 28% from 387,000 boepd in the second quarter of 2023 Bakken net production was 212,000 boepd, up 17% from 181,000 boepd in the second quarter of 2023; Guyana net production was 192,000 barrels of oil per day (bopd), up 75% from 110,000 bopd in the prior-year quarter E