Current CVX Stock Info

CVX Expects Spending to Wind Down through 2018
The oil and gas industry is not expecting Q4’15 earnings season to be pretty, but not many expected Chevron (ticker: CVX, chevron.com), one of the world’s largest integrated oil companies, to post a loss of $558 million.

Typically, integrated companies are somewhat shielded from commodity downturns, as the profits increase in the downstream sector to offset losses from the upstream side. Chevron had previously credited its downstream division to generating positive returns, such as Q2’15, when ...


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