Chevron

The earnings crunch rolls on this week. Among those scheduled to step into the spotlight are Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT), Chevron (NYSE: CVX), McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Analysts expect them post year-over-year earnings growth. AT&T (NYSE: T), Boeing...

The earnings crunch is in full swing this this week. Quarterly results are due from the likes of Caterpillar (NYSE: CAT), Exxon Mobil (NYSE: XOM), Procter & Gamble (NYSE: PG) and United Parcel Service (NYSE: UPS), from which analysts expect to see year-over-year earnings growth, as well as...

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...

“2Q EPS estimate raised to $3.91 versus our $3.89 per share preliminary estimate,” Benchmark wrote in a report focusing on Chevron (NYSE: CVX). “Upstream earnings essentially in line as higher average price realizations offset lower than expected oil/gas production. Downstream earnings stronger...

After the close, Chevron (NYSE: CVX) released its 2Q11 interim update, Societe Generale reports. “Based on the operational update and insights into two months of realized upstream pricing, we are increasing our 2Q11 estimate to $2.58/share from our previous estimate of $2.52/share,” Societe...

The U.S.-Russia Business Council Board Members, led by USRBC Chairman Klaus Kleinfeld of Alcoa, met today with President Medvedev in St. Petersburg at The St. Petersburg International Economic Forum to present him with a letter voicing their full support for the Russian Federation's accession to...

Societe Generale has initiated coverage on Chevron (NYSE: CVX) with a Buy rating.

Jefferies is out with its report today on Chevron (NYSE: CVX), maintaining Buy. In a note to clients, Jefferies writes, "Tengiz in Kazakhstan is one of the world's great oilfields, with estimated recoverable reserves of 9 bn boe. The field delivers twice the unit profitability of the rest of CVX's...

Deutsche Bank is out with its report today on Chevron (NYSE: CVX), maintaining Hold. In a note to clients, Deutsche Bank writes, "Overall, as highlighted we need to see just how sustainable this oil market is. Until there is conviction on sustainability, the major oil equities multiples can expand...

ConocoPhillips' (NYSE: COP) analyst meeting was the third and final of the 2011 US large-cap, Integrated analyst meetings, Morgan Stanley reports. “In our view, the entire group of large cap oils remains attractively valued versus the S&P 500 with moderate production growth, peer-leading...

Benchmark is out with its report today on Chevron (NYSE: CVX), reaffirming its Buy rating. In a note to clients, Benchmark writes, "We reaffirm our Buy rating on Chevron shares based upon our belief that the 10% normalized earnings multiple valuation discount, currently in place versus the peer...

Deutsche Bank is maintaining its Hold rating on Chevron Corp. (NYSE: CVX). “It did not take Nostradamus to predict that there would be few surprises at the CVX 2011 analyst meeting, and so it came to pass,” Deutsche Bank writes. “Equally, we predicted that a solid reminder of the long term value...

Goldman Sachs issued a report revealing that Valero (VLO) has acquired Chevron's Pembroke Refinery. Goldman Sachs reports” On March 11, Valero announced that it had reached agreement to acquire Chevron's 270,000 b/d Pembroke refinery (Wales, UK) as well as its marketing and logistics assets in the...

Oppenheimer is out with its report on Whiting Petroleum (NYSE: WLL), raising its PT from $62.50 to $80. "WLL is currently trading at a discount relative its peer average of small cap E&P on P/E and P/CF multiples, based on 2011 and 2012 consensus estimates, and has one of the highest ROACE and...