Shares of Chevron fell 3.12% to $90.37 at 15:30 EST on Monday, following yesterday’s upward trend. The New York Stock Exchange is dropping 0.56% to $14,336.70, after four consecutive sessions in a row of gains, on what at the moment seems, a somewhat negative trend trading session today.
Chevron’s last close was $93.28, 35.80% below its 52-week high of $122.72.
News about Chevron today
Chevron CEO vows higher returns, lower carbon to revive big oil. According to today’s article on Bloomberg Quint, “Fresh from overtaking Exxon Mobil Corp. as North Americaâs biggest oil company, Chevron Corp. has a âsimple promiseâ to investors: higher returns and lower carbon.”
Chevron’s sales growth is a negative 22.6% for the ongoing quarter and a decline by 1.1% for the next. The company’s growth estimates for the current 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 $90.37 at 15:30 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 worth is way higher than its 50-day moving average of $80.07 and higher than its 200-day moving average of $83.93.
Previous days news about Chevron
Chevron, General Motors, Zoom, ATt&T: stocks that defined the week. According to The Wall Street Journal on Fri Dec 4, “Chevron Corp. on Thursday said it will cut its annual capital spending budget by 26% next year and sharply through the middle of next decade, as the coronavirus pandemic forces an industry-wide reappraisal of fossil fuel investment.”