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4-Traders Homepage  >  Equities  >  Nyse  >  Chevron Corporation    CVX

Delayed Quote. Delayed  - 10/18 10:00:38 pm
118.15 USD   -1.72%
04:22p DOW MOVERS : Ba, ibm
10/16 CHEVRON : Announces $500,000 for California Fire Relief Efforts
10/13 CHEVRON : Announces a Contribution of more than $400,000 to Mexico&r..
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PBF, Shell prep Louisiana refineries to keep running in storm - sources

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10/05/2017 | 08:11pm CEST
Staff members work at the booth of Royal Dutch Shell at Gastech, the world's biggest expo for the gas industry, in Chiba

PBF Energy (>> PBF Energy Inc) and Royal Dutch Shell Plc were preparing their Louisiana refineries to keep running during Tropical Storm Nate, which is forecast to make landfall in the state on Sunday, sources familiar with plant operations said on Thursday.

PBF Energy (>> PBF Energy Inc) and Royal Dutch Shell Plc <RDSa.L> were preparing their Louisiana refineries to keep running during Tropical Storm Nate, which is forecast to make landfall in the state on Sunday, sources familiar with plant operations said on Thursday.

Preparations were under way at PBF's Chalmette, Louisiana, refinery and at Shell's Louisiana plants in Convent and Norco, the sources said.

PBF spokesman Michael Karlovich declined to discuss operations at the 190,000 barrel-per-day (bpd) Chalmette refinery on the east side of New Orleans.

Chevron Corp (>> Chevron Corporation) spokesman Braden Reddall said the company's 340,000 bpd Pascagoula, Mississippi, refinery was closely monitoring the storm's progress.

Shell spokesman Ray Fisher said the company's Gulf Coast refineries and chemical plants were monitoring the storm.

Sources at the company's 227,586 bpd Convent and 225,800 bpd Norco refineries, which are west of New Orleans, said early preparations to securing loose equipment within the refinery were under way.

Exxon spokeswoman Charlotte Huffaker said the company's 502,500 bpd Baton Rouge, Louisiana, refinery was monitoring the weather. Sources familiar with operations at the facility said it was not yet making preparations for Nate's possible arrival.

Operations at Phillips 66's (>> Phillips 66) 247,000 bpd Alliance, Louisiana, refinery have not been impacted by the weather, a spokeswoman said.

A spokesman for Marathon Petroleum Corp's (>> Marathon Petroleum Corp) 543,000 bpd Garyville, Louisiana, refinery declined to discuss operations at the plant.

Forecasts for Nate have shifted dramatically in the past 24 hours. The National Hurricane Center (NHC) had forecast on Wednesday that the storm would make landfall in the Florida panhandle on Sunday.

On Thursday, the NHC forecast Nate would cross the southern tip of Louisiana, formed by the southern end of the Mississippi River, before hitting the Mississippi coast on Sunday.

(Reporting by Erwin Seba; Editing by Bill Trott)

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Latest news on CHEVRON CORPORATION
04:22p DOW MOVERS : Ba, ibm
10/16 CHEVRON : Announces $500,000 for California Fire Relief Efforts
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Financials ($)
Sales 2017 135 B
EBIT 2017 12 453 M
Net income 2017 7 632 M
Debt 2017 34 182 M
Yield 2017 3,61%
P/E ratio 2017 28,56
P/E ratio 2018 25,18
EV / Sales 2017 1,94x
EV / Sales 2018 1,80x
Capitalization 228 B
Chart CHEVRON CORPORATION
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Chevron Corporation Technical Analysis Chart | CVX | US1667641005 | 4-Traders
Technical analysis trends CHEVRON CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 121 $
Spread / Average Target 0,93%
EPS Revisions
Managers
NameTitle
John S. Watson Chairman & Chief Executive Officer
Patricia E. Yarrington Chief Financial Officer & Vice President
Joseph C. Geagea EVP-Technology, Projects & Services Divisions
Robert E. Denham Lead Independent Director
Ronald D. Sugar Independent Director
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