Why Oil Stocks Are Tumbling Again Today [The Motley Fool]
Chevron Corporation (CVX)
Last chevron corporation earnings: 5/1 06:45 am
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Source: The Motley Fool
Why Oil Stocks Are Tumbling Again Today The COVID-19 outbreak continues to hammer the oil patch. Oil prices plunged again today. Brent crude, the global oil benchmark, fell more than 8% by noon EDT on Monday, pushing its price down to around $31 a barrel. That sell-off in the oil market hit energy stocks hard. Most oil producers sold off on the day, with several oil giants declining by more than 10% at one point in the day. Among those experiencing a double-digit decline were Chevron ( NYSE:CVX ) , BP ( NYSE:BP ) , Royal Dutch Shell ( NYSE:RDS.A ) ( NYSE:RDS.B ) , Suncor Energy ( NYSE:SU ) , Apache ( NYSE:APA ) , and Occidental Petroleum ( NYSE:OXY ) . The price of oil continued to weaken due to shocks to both demand and supply. The latest demand jolt came when the European Union proposed suspending nonessential travel to Europe for the next 30 days to combat the COVID-19 pandemic. These travel restrictions, which are popping up all over the world, will have a substantial effec
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News
- Biden's Move on Venezuela Leaves Trump Little Room to Cut a Deal [Yahoo! Finance]Yahoo! Finance
- Republican lawmakers press FTC's Khan on energy sector merger scrutiny [FOX Business Network]FOX Business Network
- Chevron: A Top Energy Investment For 2025 [Seeking Alpha]Seeking Alpha
- Coca-Cola Is a Passive Income Powerhouse, but So Is This Cash-Gushing Oil Stock That Plans to Pay Over $11 Billion in Dividends by the End of the Year [Yahoo! Finance]Yahoo! Finance
- Chevron-Operated Egypt Offshore Block Gets QatarEnergy Boost [Yahoo! Finance]Yahoo! Finance
CVX
Earnings
- 11/1/24 - Beat
CVX
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/14/24 - Form 144
- CVX's page on the SEC website