Chevron Corporation ( CVX -4.44%) stock fell 4.5% through 10:35 a.m. ET Friday after the company reported a revenue beat but an earnings miss in its morning Q4 report.
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
U.S. energy giant Chevron expects 1 million barrels of oil equivalent per day from Kazakhstan's Tengiz oil field, which is among the world's biggest. Meanwhile, an Exxon executive downplayed hopes ...