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CHEVRON CORP
Chevron Corp executive Pate R. Hewitt filed an SEC Form 4 on October 21, 2026, reporting changes in beneficial ownership of securities as of October 19, 2026. This filing serves as a standard disclosure of insider transaction activity.…more
CHEVRON CORP
Pate R. Hewitt, an executive at Chevron Corp, has filed a Form 144 regarding the proposed sale of company securities. This is a standard regulatory filing disclosing an insider's plan to sell shares.…more
CHEVRON CORP
Chevron has entered into definitive agreements to divest its ownership interests in Hess Midstream and its DJ Basin crude oil midstream assets in exchange for $200 million in cash and improved commercial terms for its Bakken midstream contracts. The transaction, expected to close by year-end 2026, will allow Chevron to deconsolidate approximately $3.7 billion in debt and recognize a one-time after-tax loss of $3 to $4 billion. This strategic move is projected to reduce Chevron's Bakken midstream costs by approximately 50% and enhance overall return on capital employed.…more
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Kashagan Arbitration Court Invalidates $12 Billion Cost Claim
An arbitration court has ruled against the operators of the Kashagan oil field, invalidating their $12 billion cost recovery claim against the Kazakh government. This decision poses a significant financial setback for the consortium and increases uncertainty regarding future project profitability.…more
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Chevron has ceased funding for feasibility studies regarding a proposed port in Guyana that it inherited through the acquisition of Hess. This decision reflects the company's ongoing efforts to optimize capital allocation.…more
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Guyana is considering scaling back its LNG project plans as ExxonMobil requires more gas for its oil well operations. This shift reflects a prioritization of existing production needs over new infrastructure development.…more
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