Shares of Chevron rose 3.7% to $93.12 at 15:11 EST on Friday, following yesterday’s downward trend. The New York Stock Exchange is rising 1.12% to $14,376.70, after three consecutive sessions in a row of gains, on what at the moment seems, an all-around positive trend trading session today.
Chevron’s last close was $89.80, 31.79% below its 52-week high of $122.72.
Chevron’s sales growth is a negative 22.6% for the present quarter and a decline by 1.1% for the next. The company’s growth estimates for the present quarter and the next is a negative 96.6% and a negative 66.7%, respectively.
Year-on-year quarterly revenue growth declined by 31%, now sitting on 104.2B for the twelve trailing months.
Chevron’s Stock Top and Bottom Yearly Value
Chevron’s stock is valued at $93.12 at 15:11 EST, way below its 52-week high of $122.72 and way above its 52-week low of $51.60.
Chevron’s Moving Average
Chevron’s value is way above its 50-day moving average of $79.30 and way higher than its 200-day moving average of $84.03.
Previous days news about Chevron
Chevron announces $14 billion capital and exploratory budget for 2021. According to yesterday’s article on MarketWatch, “Chevron Corp. said Thursday it is planning a capital and exploratory budget of $14 billion for 2021 and lowered its long-term guidance to $14 to $16 billion annually through 2025”
Chevron announces 2021 capital and exploratory budget – quick facts. According to yesterday’s article on Business Insider, “Chevron Corp. (CVX) announced a 2021 organic capital and exploratory spending program of $14 billion”
Chevron slashes spending plans as coronavirus hammers oil demand. According to yesterday’s article on The Wall Street Journal, “Chevron said it would cut its annual capital spending budget by 26% next year and sharply through the middle of the decade, as the coronavirus pandemic forces an industrywide reappraisal of fossil-fuel investment..”
According to yesterday’s article on Bloomberg Quint, “Chevron Slashes Long-Term Spending Plan in Wake of Oil Slump.”