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The Latest Breaking News from Mike Wirth

US Oil Giants' Profits Dip As Exxon Deal Nears Finish Line

ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's.

International Business Times

Chevron Championship Prize Money Given Huge Boost With Winner Set To Receive Over $1 Million For The First Time

The first women's Major of the year benefitted from a couple of exciting decisions as Lilia Vu attempts to defend her title

Golf Monthly

Warren Buffett Is Buying This Dividend Aristocrat, Should You?

While Berkshire Hathaway was a net seller of stocks in Q4, chair Warren Buffett added more shares of energy giant Chevron. With a forward dividend yield of more than 4%, CVX looks like a dividend aristocrat worth buying in 2024.

Barchart

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Climate activists confront Chevron CEO

Climate Defiance interrupted a corporate diversity event to call out Chevron CEO Mike Wirth

Salon

Chevron boss says his company has changed the quality of life on Earth for the better

Mike Wirth, an industry veteran, even described Chevron as “grounded in integrity and a deep belief in doing the right thing” before brushing off Big Oil critics and making a “real-world” case for fossil fuels.

Fortune

Chevron CEO says we're headed for oil at $100—but is confident consumers can handle it

Why are gas prices so expensive? When will gas get cheaper? Where can you get the cheapest gas? Here's what you need to know.

Fortune

Chevron Reports 47% Decline In Q2 Earnings, Announces Management Changes

Chevron's Q2 adjusted earnings beat estimates as CEO tenure extended

Zenger

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Is Chevron a Buy With Latest Deal for Shale Growth?

Chevron’s all-stock deal to buy PDC Energy looks like a slam dunk. The only fly in the ointment for the oil giant is an uncooperative economy combined with a lower price per barrel of oil.

Barchart

Oil company profits boom as Americans reel from high fuel prices

ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn

The Guardian - US

How a massive refinery shortage is contributing to high gas prices

Oil refineries have lost capacity over recent years, making it nearly impossible to increase supply and stabilize gas prices at the pump.

WEKU

‘Constructive’ talk but no deal as Granholm meets oil execs

A meeting on Thursday of oil company executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices and refining capacity was “constructive,” even as it failed to produce a policy to address prices at the pump, industry leaders said.

Tribune News Service

'Constructive' talk but no deal as Granholm meets oil execs - Roll Call

A meeting of oil executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices did not produce an agreement.

Roll Call

Why Biden can't bring gas prices down

Its conflicting goals are resulting in mixed messages and rising tensions with the energy industry.

Axios

Refiners led by Exxon face Biden’s wrath as profits explode

Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as U.S. President Joe Biden lambastes the industry for closing plants.

Tribune News Service

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Benzinga

Stock Wars: Chevron Vs. ExxonMobil

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

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Mollie Marcoux Samaan

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