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CVX has been in the news 429% more than usual

May 02, 2025, 2:32 PM
0.90%
What does CVX do
Chevron, headquartered in San Ramon, California, employs 45,600 people and provides support for energy operations while producing crude oil, natural gas, and various petroleum products. The company engages in extensive upstream and downstream activities, including refining, transportation, and technology development.
CVX has been in the news recently: Chevron's net income fell by over 30% to $3.5 billion, largely due to declining oil prices, though its earnings per share remained stable at $2.18. The energy sector is currently experiencing financial challenges, impacting companies like Chevron and others within the industry.
📡️ Energy
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