Goldman Sachs analyst Neil Mehta expressed views on the oil giant Chevron Corp‘s (NYSE:CVX) fourth-quarter earnings reported today. Mehta is Buy-rated on CVX, with a price forecast of $182. The ...
Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.