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Stock Market & Financial Investment News

News Breaks
May 28, 2014
11:34 EDTCVXChevron says on track to grow production to 3.1M boepd by 2017
Chevron provided an overview of the companyís 2013 operational performance and future growth plans at its 2014 Annual Meeting of Stockholders, with CEO John Watson discussing Chevronís 2013 financial and operational performance. George Kirkland, Chevron vice chairman, said the company is on track to grow production to 3.1M barrels of oil-equivalent per day by 2017, up 20% from 2013, with more growth expected through the end of the decade. To reach this goal, the company has more than 70 projects, each with a Chevron share of more than $250M, scheduled to start-up by the end of this decade. In Australia, the Gorgon project continues to make steady progress toward first liquefied natural gas, and is 80% complete with start-up expected in mid-2015. Wheatstone is now almost 35% complete and remains on schedule for a start-up in 2016. Kirkland said growth plans include investing $39.8B in 2014, which represents a $2B reduction from 2013 spending. Kirkland concluded by affirming the Downstream and Chemicals business focus on select areas of growth, including key Chevron Phillips Chemical projects that take advantage of existing infrastructure and attractive feedstocks.
News For CVX From The Last 14 Days
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December 17, 2014
08:03 EDTCVXFMC Technologies awarded $268M subsea systems contract for Chevron project
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December 15, 2014
15:39 EDTCVXChevron said to plan to pull out of Ukraine gas deal, Reuters reports
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December 14, 2014
17:07 EDTCVXOPEC's Badri says group will withstand oil price fall, Reuters says
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December 12, 2014
14:46 EDTCVXChevron volatility elevated as shares trend lower
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06:51 EDTCVXBrent crude oil fell to five year low, Reuters reports
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December 11, 2014
05:44 EDTCVXStocks with implied volatility movement; CZR CVX
Stocks with implied volatility movement; Caesar's (CZR) 126, Chevron (CVX) 33 according to iVolatility.
December 10, 2014
16:44 EDTCVXOn The Fly: Closing Wrap
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16:00 EDTCVXOptions Update; December 10, 2014
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09:36 EDTCVXActive equity options trading
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December 9, 2014
18:09 EDTCVXChevron FY15 CapEx plan delayed until 2015, Bloomberg says
Due to the recent slump in crude oil, Chevron will delay the release of its 2015 capital expenditure plan until early 2015, Bloomberg reports, citing a telephone interview with a company spokesperson. Reference Link
December 8, 2014
19:01 EDTCVXChevron subsidiary acquires three blocks offshore New Zealand
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07:53 EDTCVXClimate for Exxon E&P acquisition improved by falling prices, WSJ says
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December 5, 2014
11:17 EDTCVXPhillips 66 announces 2015 capital budget of $4.6B
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07:43 EDTCVXLondon bankers see oil slump spurring energy industry consolidation, WSJ reports
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December 3, 2014
12:33 EDTCVXOil producers to push agenda in DC next year, Politico says
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08:17 EDTCVXChevron management to meet with Deutsche Bank
Meeting to be held in Boston on December 3 hosted by Deutsche Bank.
07:20 EDTCVXThe Economist to hold a summit
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