Goldman Sachs analyst Neil Mehta maintains Marathon Petroleum (NYSE:MPC) with a Buy and raises the price target from $132 to $150.
Goldman Sachs raised Marathon Petroleum (NYSE:MPC) price target from $132 to $150 Read Post »
Morgan Stanley analyst Devin McDermott maintains Chevron (NYSE:CVX) with a Equal-Weight and lowers the price target from $195 to $192.
Morgan Stanley lowered Chevron (NYSE:CVX) price target from $195 to $192 Read Post »
Barclays analyst Jeanine Wai maintains ConocoPhillips (NYSE:COP) with a Overweight and lowers the price target from $160 to $141.
Barclays Maintains Overweight on ConocoPhillips (NYSE:COP), Lowers Price Target to $141 Read Post »
HSBC raised its Exxon Mobil (NYSE:XOM) price target to $113.5 from $109.
HSBC raised Exxon Mobil (NYSE:XOM) price target to $113.5 from $109 Read Post »
mizuho: Raised its price target on Chevron (NYSE:CVX) to $206 from $200.
mizuho: Raised Chevron (NYSE:CVX) price target to $206 from $200. Read Post »
Chevron (NYSE:CVX) said Tuesday it has increased its share-repurchase guidance to $10 billion to $20 billion per year and will raise its annual share repurchase rate to $17.5 billion beginning in Q2.
Chevron (NYSE:CVX) Raises Annual Share-Repurchase Guidance to $10 billion to $20 billion Read Post »
February 27, 2023 – Occidental Petroleum (NYSE:OXY) today announced net income attributable to common stockholders for the fourth quarter of 2022 of $1.7 billion, or $1.74 per diluted share, and adjusted income attributable to common stockholders of $1.6 billion, or $1.61 per diluted share. Occidental Petroleum (NYSE:OXY) reported late Monday Q4 adjusted earnings of $1.61 per diluted share, up from $1.48 a year earlier. Analysts polled by Capital IQ expected $1.83. Revenue for the quarter was $8.33 billion, up from $3.35 billion a year earlier. Analysts surveyed by Capital IQ expected $8.21 billion. Worldwide year-end proved reserves of 3.8 billion BOE, with reserves replacement of 172% and finding and development costs of $6.60 per BOE。 Completed $3.0 billion share repurchase program with $562 million of repurchases in the fourth quarter, bringing total year repurchases to 47.7 million shares。 Announced enhanced shareholder return framework including a new $3.0 billion share repurchase
Occidental Petroleum (NYSE:OXY) Q4 2022 revenue of $8.33 billion,up 97.6% Read Post »
Cowen: Cut Chevron (NYSE:CVX) price target to $170 from $185.
Cowen: Cut Chevron (NYSE:CVX) price target to $170 from $185 Read Post »
JPMorgan: Raised its Exxon Mobil (NYSE:XOM) price target to $120 from $119.
JPMorgan: Raised its Exxon Mobil (NYSE:XOM) price target to $120 from $119 Read Post »
Truist analyst Neal Dingmann raised its price target on Chevron (NYSE:CVX) to $179 from $169, but maintained its hold rating on the stock. The analyst told investors in a research note that the company continues to make headlines with its buybacks, disclosing a $75 billion buyback authorization last week, but the announcement was more of a “catch-up” move that brought Chevron’s shareholder return program more in line with the larger independent exploration and production companies. He added that it became “a little cautious” about Chevron’s overall upstream operations plans given its hints that production growth was declining in the Permian.
Truist: Raised Chevron (NYSE:CVX) price target to $179 Maintain hold rating Read Post »
Exxon Mobil (NYSE:XOM) Stock Price Target Raised to $113 From $108 at Cowen.
Exxon Mobil (NYSE:XOM) Stock Price Target Raised to $113 From $108 at Cowen Read Post »
TotalEnergies se (NYSE:TTE) adjusted earnings per share for the fourth quarter of 2022 were $2.97 versus $3.07 expected. Adjusted EBITDA for the fourth quarter was $16.00 billion versus $15.26 billion. About TotalEnergies TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.