CHEV

Cheviot Financial Corp.

Investing.com -- Evercore ISI resumed coverage of Chevron (NYSE:CVX) with an Outperform rating and a $180 price target, saying the company is now better positioned for low-risk free cash flow growth following its acquisition of Hess (NYSE:HES).

Investing.com -- Chevron Corp (NYSE:CVX) is set to regain permission to pump oil in Venezuela from the Trump administration, according to The Wall Street Journal, people familiar with the situation.

Investing.com -- President Donald Trump will announce $70 billion in artificial intelligence and energy investments in Pennsylvania on Tuesday, as part of White House efforts to accelerate development of emerging technology, according to a Bloomberg report on Monday.

Investing.com - Shares in oil stocks jumped in premarket trading on Wall Street on the Monday following weekend U.S. attacks on Iranian nuclear facilities, mirroring an uptick in crude prices.

Investing.com -- Chevron (NYSE:CVX)’s CEO, Mike Wirth, had reportedly called for an intensification of safety standards following a series of near-miss injury incidents, just a few weeks before a fatal incident occurred on one of Chevron’s oil platforms in Angola, resulting in the death of three workers. Wirth communicated this message to his employees through an internal video on April 29, as reported by Reuters on Monday. 

Investing.com -- Elliott Investment Management secured two seats on the Phillips 66 (NYSE:PSX) board following a closely watched proxy contest that came to a head at the company’s annual meeting on Wednesday, sources told Investing.com, with the news later released publicly by both companies. The result marked a partial victory for the activist fund, whose more sweeping proposals for change ultimately fell short.

Investing.com -- Chevron Corp (NYSE:CVX) CEO Mike Wirth said Monday he sees no clear signs of a U.S. recession on the horizon, despite declining oil prices and broader economic uncertainty. In an interview with CNBC, Wirth emphasized that while growth may be slowing, leading indicators do not yet point to outright contraction.

Investing.com-- Chevron Corp (NYSE:CVX) said on Monday that it had closed a deal to sell a 70% stake in its East Texas gas assets to a unit of Tokyo Gas Co., Ltd. (TYO:9531) for a deal value of $525 million.

Investing.com -- Truist Securities lowered its price target on Chevron Corp (NYSE:CVX) to $160 from $164 on weaker-than-expected free cash flow and potential headwinds in the company's downstream segment.