Browsing Tag
Mike Wirth
8 posts
Chevron Q1 2026 earnings expose timing-effect drag as Hess integration drives 24% U.S. production surge
Chevron's Q1 2026 reported earnings fell 37% on $2.9B timing drag, but adjusted EPS of $1.41 beat consensus and U.S. output hit a record on Hess.
Strait of Hormuz update: Donald Trump halts Project Freedom as Iran agreement moves closer
Donald Trump paused Project Freedom one day after launching it. The blockade stays, oil sits above $112, and the Iran agreement now hinges on Beijing.
US Iran peace talks stall: Why Trump pulled Witkoff and Kushner from the Pakistan trip
Trump cancelled Witkoff and Kushner's Pakistan trip the moment Araghchi flew out. The real question is whether this stalls talks or restarts the war.
Tehran’s message to Washington: Abbas Araghchi clears Islamabad as Steve Witkoff and Jared Kushner fly in for ceasefire talks
Pakistan brokered the ceasefire. The United States wanted direct talks. Iran's Foreign Minister flew out of Islamabad before Steve Witkoff and Jared Kushner could land.
Chevron closes Hess Corporation acquisition to create oil & gas powerhouse
Chevron completes acquisition of Hess Corporation, gaining key assets in Guyana and Bakken; deal expected to boost free cash flow and shareholder returns.
Chevron Corporation sets ambitious $18.5-$19.5bn capex for 2024
Chevron Corporation (NYSE: CVX) has recently declared its anticipated organic capital expenditure range for 2024, spanning $15.5 to…
Chevron to acquire Hess Corporation in all-stock deal worth $53bn
Chevron Corporation has inked a definitive agreement with Hess Corporation for an all-stock purchase valued at $53 billion,…
Chevron to acquire oil and gas firm PDC Energy for $7.6bn in all-stock deal
Chevron Corporation has signed an all-stock deal to acquire PDC Energy, a Nasdaq-listed oil and gas exploration and…