All articles tagged with #chevron
Berkshire Hathaway’s Q4 13F shows a new stake in The New York Times, larger positions in Chevron (and Chubb/Domino’s in buy activity), and trims to Apple, Bank of America, and Amazon, signaling selective portfolio tweaks alongside other minor moves.
Berkshire Hathaway, nearing the end of Warren Buffett’s tenure, is returning to the newspaper space by taking a fresh stake in The New York Times (over 5 million shares, about $370 million) six years after selling its BH Media Group, while also boosting its Domino’s Pizza and Chevron stakes (roughly 3.3 million shares of Domino’s and more than 130 million shares of Chevron). The 13-F filing also notes other notable moves and investments, including Alphabet, as Buffett’s successor Greg Abel prepares to lead, with executives like Todd Combs and Marc Hamburgdeparting.
Buffett’s Berkshire Hathaway has built roughly $58 billion in oil-and-gas bets—Chevron (~$21B), Occidental (~$12B), plus Dominion Energy assets, Cove Point LNG, and OxyChem—reflecting a long-term conviction that fossil fuels stay essential; with oil rebounding, these positions are beginning to pay off, even as Buffett steps back from the CEO role.
Chevron beat Q4 2025 estimates with adjusted EPS of $1.52 on $46.87B revenue; net income was $2.77B. The company says it could ramp Venezuelan output by about 50% in 18–24 months under a U.S. Treasury license, signaling upside as global production rose to record levels. Shares slipped about 1% in premarket trading.
The United States says it’s accelerating an expanded license for Chevron to boost oil production and exports from Venezuela, with Secretary of Energy Chris Wright explaining Chevron would be allowed to pay the Venezuelan government in cash instead of oil, enabling it to export all the crude it produces. The move, part of efforts to revive Venezuela’s oil industry after Maduro’s ouster, would shift away from the current oil-in-kind royalties and have the sale proceeds held in Qatari accounts controlled by the U.S., with plans to route funds through U.S. banks.
The United States says it is moving quickly to grant Chevron an expanded license to produce and export oil in Venezuela, allowing cash payments to the Venezuelan government instead of oil-in-kind and enabling Chevron to sell all oil it produces. The move could expand export capacity and improve pricing, with proceeds held in Qatar in accounts controlled by the U.S. government and a goal to eventually move funds into U.S. banks.
Chevron could increase its annual cash flow by up to $700 million by boosting oil production in Venezuela, as the US government seeks to revitalize the country's oil industry amidst political and security uncertainties. The company plans to focus on existing assets rather than new investments, awaiting a more stable government and fiscal regime.
The article discusses how Chevron's leadership made a strategic decision to heavily invest in political and economic opportunities related to Donald Trump and Venezuela, highlighting the company's bold approach in navigating complex international relations and energy markets.
Chevron and Quantum Capital Group are preparing a bid for $22 billion worth of Lukoil assets, indicating a significant move in the oil and gas industry.
The article discusses Chevron's long-standing presence in Venezuela's oil industry and the potential benefits it could gain from recent U.S. military actions that led to the detention of Venezuelan President Nicolás Maduro, opening opportunities for U.S. oil companies to invest and profit from Venezuela's vast oil reserves.
Chevron is currently the leading U.S. oil company in Venezuela, which holds the world's largest proven oil reserves, but significant challenges including political instability, high investment costs, and uncertain future regimes make the path to restoring Venezuela's oil production a long and risky process for all oil majors.
The article highlights the biggest stock movements at midday, featuring companies like Coinbase, Arista Networks, Chevron, and Halliburton, indicating notable trading activity among these firms.
The article highlights the biggest premarket stock movements involving companies like Chevron, Halliburton, QXO, and Duolingo, indicating notable trading activity before the market opens.
The stock market experienced a significant rally with the Dow rising nearly 500 points, and the S&P 500 and Nasdaq surging following developments in Venezuela; gold and silver prices also increased, and Chevron's stock soared.
A former Chevron executive is seeking $2 billion to fund oil projects in Venezuela, highlighting ongoing interest and potential investment in the country's energy sector.