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Chevron Corp. (CVX) Shares Turned Red on Unexpected Annual Loss


Chevron Corp. (CVX) Shares Turned Red on Unexpected Annual Loss
Chevron Corp. (NYSE:CVX) history dates back to 1879 when Pacific Coast Oil Company came into existence. Pacific Coast in 1900 merged with oil giant Standard Oil Co., which back then use to control nearly all the oil production and transportation across the U.S. Chevron expanded over the years by acquiring several companies such as Gulf Oil Corp in the 1980s, and Unocal Corp. in 2005. It is currently involved in almost all phases of the petroleum business ranging from exploration and production to refining and marketing.
The San Ramon, California-based energy giant recently reported disappointing quarterly results, as low operating margins, acquisitions costs, and negative impact of Covid-19 weighed on its revenue. ....

United States , Pacific Coast Oil Company , Unocal Corp , Gulf Oil Corp , Standard Oil Co , Chevron Corp , San Ramon , ஒன்றுபட்டது மாநிலங்களில் , பெஸிஃபிக் கடற்கரை எண்ணெய் நிறுவனம் , உணோக்கல் கார்ப் , வளைகுடா எண்ணெய் கார்ப் , தரநிலை எண்ணெய் இணை , செவ்ரான் கார்ப் , சான் ராமன் ,