Chevron and Exxon Mobil, Houston's oil majors, take rival stances on Venezuelan oil as profits drop

Chevron said it sees a 50% increase in its current Venezuelan output over the next two years, while Exxon left Venezuela out of its official 2030 plans completely.

Chevron beats Q4 profit estimate, eyes Venezuela investment opportunities

By Sheila Dang HOUSTON, Jan 30 (Reuters) - Chevron's fourth-quarter profits fell but came in ahead of estimates as it focused on cutting costs and making its operations more efficient to contend with lower crude prices throughout 2025.

Q4 preview: Chevron profit seen sliding sharply; Exxon stands out amid Venezuela-linked oil risks

Analysts expect Chevron to report earnings of $1.44 per share, down 30.1% year-over-year, on revenue of $46.66 billion, a 10.7% decline from the same period last year. The company has seen 5 upward EPS revisions versus 12 downward revisions in the past 3 months. Revenue estimates have seen 4 upward revisions and 3 downward.
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Chevron refinery fire in El Segundo extinguished; investigation underway into cause

EL SEGUNDO, Calif. (KABC) -- Crews extinguished a massive fire that erupted at a Chevron oil refinery in El Segundo, which sent up large flames and plumes of smoke into the air. The fire broke out around 9 p.m. Thursday and could be seen for miles across ...

Exclusive-Chevron plans to finalise Singapore oil assets sale in Q1, sources say

By Trixie Yap, Yantoultra Ngui and Chen Aizhu SINGAPORE, Jan 21 (Reuters) - Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore,

Chevron outlines 7%–10% production growth target for 2026 while advancing cost reduction and new project ramp-ups

Q4 2025 earnings call highlights: record production, free cash flow, Hess integration, and 2026 growth outlook.

Chevron Signals More Venezuelan Heavy Crude in U.S. Refineries -- OPIS

Chevron could increase Venezuelan heavy crude flows in its U.S. refining system, Chief Executive Officer Mike Wirth said on the company's fourth-quarter 2025 earnings call Friday.
Oil & Gas Journal

Chevron eyeing 7-10% output growth, more efficiency gains in 2026

Offshore assets will provide the bulk of Chevron Corp.’s expected 2026 production growth of 7-10%, executives said Jan. 30. In conjunction with fourth-quarter results, chief executive officer Mike Wirth and his team said they are planning to hold flat 2026 production in the Permian basin at a little more than 1 MMboe/d,

Morgan Stanley Updates Chevron (CVX) Valuation on Lower Oil Price Assumptions

Chevron Corporation (NYSE:CVX) is included among the Best Low Risk Stocks for a Retirement Stock Portfolio. Morgan Stanley cut its price target on Chevron Corporation (NYSE:CVX) to $174 from $180 on January 23.

Chevron earnings beat as production hits record with upside expected in Venezuela

The oil giant beat expectations despite a bearish market for crude, which logged its biggest annual price decline since 2020.