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Stock Market & Financial Investment News

News Breaks
November 20, 2012
11:02 EDTCVXChevron files ethics complaint against New York State Comptroller
Chevron filed a complaint before the New York State Joint Commission on Public Ethics today, seeking an investigation of New York State Comptroller Thomas DiNapoli as well as current and past members of his staff for multiple violations of New York Public Officers Law. Chevron said its complaint relates to ongoing litigation in Ecuador and demonstrates how Comptroller DiNapoli, who oversees the New York State Common Retirement Fund, which, according to SEC filings, owns more than $800M of Chevron stock, apparently breached his ethical and fiduciary duties.
News For CVX From The Last 14 Days
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November 26, 2014
06:42 EDTCVXSaudis unlikely to seek oil output changes, Reuters reports
Saudi Arabia indicated today that it probably won't seek major changes in OPEC's oil output during the group's meeting this week, according to Reuters. The oil market should "stabilize itself" eventually, the news service quoted Saudi Oil Minister Ali al-Naimi. as saying OPEC members Venezuela and Iraq have called for output cuts, while non-OPEC member Russia said it would not reduce production, the news service stated. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT).Reference Link
November 25, 2014
13:01 EDTCVXOPEC leans toward compromise to cut supplies, WSJ says
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November 24, 2014
10:00 EDTCVXOn The Fly: Analyst Downgrade Summary
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06:47 EDTCVXChevron downgraded to Outperform from Strong Buy at Raymond James
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November 23, 2014
19:12 EDTCVXIran may suggest 1M barrel a day cut at OPEC meeting, Bloomberg says
According to media reports in Iran, the Iranian oil minister Bijan Namdar Zanganeh may speak with Saudi Arabia’s Oil Minister Ali Al-Naimi on the sidelines of the OPEC meeting in Vienna this week to propose that OPEC cut its output target by as much as 1 million barrels a day, says Bloomberg. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
November 18, 2014
18:26 EDTCVXKeystone pipeline legislation voted down by U.S. Senate
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November 17, 2014
08:47 EDTCVXWilliams says Gulfstar One placed into service
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08:43 EDTCVXChevron confirms first oil production from Tubular Bells in Gulf of Mexico
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08:36 EDTCVXHess Corp. announces first production from Tubular Bells Field
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November 13, 2014
08:13 EDTCVXChevron abandons geothermal project in Sumatra, Jakarta Post says
A Chevron unit has handed over its working area in Lampung, Sumatra, to the local government, with a government official stating that company said its early survey failed to find steam at an economical level to continue its geothermal project, according to the Jakarta Post. Reference Link

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