TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Benzinga

Chevron's Big Projects Start Paying Off And There's More Ahead, Analyst Says

Benzinga Logo Benzinga By Lekha Gupta
Chevron's Big Projects Start Paying Off And There's More Ahead, Analyst Says

Chevron reported strong Q3 results with higher upstream production and refining margins. Bank of America analyst reaffirmed a Buy rating with a $183 price target, highlighting strong project execution and growth potential.

Insights
PG   neutral

Mentioned in context of potential Q4 performance, no specific details provided


CVX   positive

Exceeded earnings expectations, strong production growth (27% US, 21% global), successful project execution, and potential for further expansion with Hess integration and Tengiz contract extension