Chevron – Chevron Stock Bearish By 4% So Far Today
Shares of Chevron slid 4.18% to $85.30 at 14:03 EST on Friday, following last session’s upward trend. NYSE Composite is falling 2.06% to $14,367.02, following last session’s upward trend, This seems, at the moment, an all-around negative trend trading session today.
Chevron’s last close was $89.02, 32.00% under its 52-week high of $112.60.
News about Chevron today
Chevron posts surprise loss on refining, noble deal charges. According to today’s article on Bloomberg Quint, “Charges related to the Noble deal totaled $120 million and pension costs also increased, Chevron said. “
Chevron posts quarterly loss to cap worst year since 2016. According to today’s article on The Wall Street Journal, “Investors have expressed more faith in Chevron than rival Exxon Corp. because it entered the downturn with a stronger balance sheet. “, “Exxon had about $69 billion in debt as of September, while Chevron had around $35 billion, according to S&P Capital IQ.”
Chevron says permian growth restart depends on pandemic, opec+. According to today’s article on Bloomberg Quint, “It could take until the second half of the year or even early 2022 before conditions are right for Chevron to increase investment in new drilling in America’s biggest oil field, Breber said.”, “With those changes, Breber says Chevron can now fund its dividend and capital spending with Brent crude at less than $50 a barrel. “
Chevron’s sales growth is a negative 27.9% for the current quarter and a decline by 8.8% for the next. The company’s growth estimates for the ongoing quarter and the next is a negative 95.3% and a negative 46.5%, respectively.
Year-on-year quarterly revenue growth declined by 31%, now sitting on 104.2B for the twelve trailing months.
Chevron’s last day, last week, and last month’s average volatility was a positive 0.93%, a negative 0.67%, and a positive 0.23%, respectively.
Chevron’s last day, last week, and last month’s high and low average amplitude percentage was 2.15%, 2.95%, and 2.64%, respectively.
Chevron’s Stock Yearly Top and Bottom Value
Chevron’s stock is valued at $85.30 at 14:03 EST, way below its 52-week high of $112.60 and way higher than its 52-week low of $51.60.
Chevron’s Moving Average
Chevron’s worth is under its 50-day moving average of $89.37 and higher than its 200-day moving average of $83.45.
Previous days news about Chevron
Chevron, reliance meet with U.S. officials to discuss Venezuela. According to Bloomberg Quint on Thursday, 28 January, “Reliance and Chevron requested meetings with the State Department even though some of the key decisionmakers, including assistant secretaries to U.S. Secretary of State Antony Blinken, have yet to be confirmed by the U.S. Senate.”