CVX

Advisory: 2023 Chevron Investor Day

Retrieved on: 
Monday, February 6, 2023

Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its annual investor day on Tuesday, February 28, 2023, at 8:30 a.m.

Key Points: 
  • Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its annual investor day on Tuesday, February 28, 2023, at 8:30 a.m.
  • Nigel Hearne – Executive Vice President, Oil, Products & Gas
    Mark Nelson – Executive Vice President, Strategy, Policy & Development
    Roderick Green – General Manager, Investor Relations
    To access the live webcast and dial-in details, visit www.chevron.com .
  • Chevron is one of the world’s leading integrated energy companies.
  • Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.

Chevron Names Mark A. Nelson Vice Chairman

Retrieved on: 
Thursday, January 26, 2023

Chevron Corporation (NYSE: CVX) today announced Mark A. Nelson, executive vice president, Strategy, Policy & Development, has been named vice chairman and executive vice president, Strategy, Policy & Development, effective February 1, 2023.

Key Points: 
  • Chevron Corporation (NYSE: CVX) today announced Mark A. Nelson, executive vice president, Strategy, Policy & Development, has been named vice chairman and executive vice president, Strategy, Policy & Development, effective February 1, 2023.
  • In this new corporate officer role, Nelson will continue leading Chevron’s Strategy & Sustainability, Corporate Affairs, and Business Development functions, and take on additional corporate responsibilities.
  • “Throughout his career, and as a senior leader, Mark has made significant contributions to the company’s success,” said Michael K. Wirth, Chevron’s chairman and chief executive officer.
  • “He has worked in every segment of our business, and his results-driven approach positions him well to help execute our strategy and represent Chevron more broadly.”
    Nelson previously served as executive vice president of Downstream & Chemicals, vice president, Midstream, Strategy & Policy, and vice president of Corporate Strategic Planning.

Chevron Increases Quarterly Dividend; Announces $75B Stock Repurchase Program

Retrieved on: 
Wednesday, January 25, 2023

This increase puts Chevron on track to make 2023 the 36th consecutive year with an increase in annual dividend payout per share.

Key Points: 
  • This increase puts Chevron on track to make 2023 the 36th consecutive year with an increase in annual dividend payout per share.
  • The Board also authorized the repurchase of the company’s shares of common stock in an aggregate amount of $75 billion.
  • The $75 billion authorization takes effect on April 1, 2023, and does not have a fixed expiration date.
  • The stock repurchase program does not obligate the company to acquire any particular amount of common stock, and it may be suspended or discontinued at any time.

MicroSectors™ Launches Energy Long & Short Exchange Traded Notes on NYSE Arca

Retrieved on: 
Tuesday, February 14, 2023

NEW YORK, Feb. 14, 2023 /PRNewswire/ - REX Shares, LLC ("REX") today announced the launch of two new MicroSectors Exchange Traded Notes ("ETNs") issued by Bank of Montreal ("BMO"), linked to the Solactive MicroSectors™ Energy Index.

Key Points: 
  • NEW YORK, Feb. 14, 2023 /PRNewswire/ - REX Shares, LLC ("REX") today announced the launch of two new MicroSectors Exchange Traded Notes ("ETNs") issued by Bank of Montreal ("BMO"), linked to the Solactive MicroSectors™ Energy Index.
  • MicroSectors Energy 3x Leveraged ETNs (ticker: WTIU ) and MicroSectors Energy -3x Inverse Leveraged ETNs (ticker: WTID ) will start trading tomorrow on NYSE Arca.
  • The Solactive MicroSectors Energy Index, launched in January 2023, tracks the performance of 12 highly liquid, U.S. stocks from the energy and oil sector.
  • "The energy ETNs will provide investors with exposure to 12 highly liquid companies that are at the forefront of global energy trends," Acheychek added.

Raven SR, Chevron and Hyzon Motors Collaborate to Produce Hydrogen from Green Waste in Northern California

Retrieved on: 
Monday, January 9, 2023

The facility will be owned by a newly formed company, Raven SR S1 LLC (Raven SR S1).

Key Points: 
  • The facility will be owned by a newly formed company, Raven SR S1 LLC (Raven SR S1).
  • Chevron plans to market its share of the hydrogen in Bay Area and Northern California fueling stations, enabling the energy transition to zero emission vehicles.
  • Ahead of teaming with Raven SR on the Raven SR S1 facility, Chevron and Hyzon were among Raven SR's initial strategic investors, along with ITOCHU, Ascent Hydrogen Fund and Samsung Ventures.
  • "Through Hyzon's partnership with Raven, hydrogen supply can be synchronized with the demand for hydrogen fuel cell electric vehicles.

CEMATRIX Announces $9.9 Million in New Contracts and a Net $4.4 Million Increase in New Contracts in Process

Retrieved on: 
Wednesday, December 21, 2022

Factoring in the $9.9M in contracts executed, converted contracts, the new net contracts in process of $4.4 million and sales completed to date, the Corporation’s backlog remains strong at $82.0 million.

Key Points: 
  • Factoring in the $9.9M in contracts executed, converted contracts, the new net contracts in process of $4.4 million and sales completed to date, the Corporation’s backlog remains strong at $82.0 million.
  • $38.7 million of the Corporation’s backlog is now Contracted and $43.3 million is Contracts in Process.
  • “The $9.9 million in contracts executed since our last contract announcement and the net $4.4 million increase in contracts in process are for geotechnical and tunnel infrastructure projects across North America,” stated Jeff Kendrick, CEMATRIX President and CEO.
  • “The total contracts executed includes one $6.5 million tunnel project which is scheduled to commence in the spring of 2023.

Bitwise Announces Results of December 2022 Month-End Crypto Index Reconstitution

Retrieved on: 
Thursday, January 5, 2023

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on December 30, 2022, at 4 p.m.

Key Points: 
  • Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management , today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on December 30, 2022, at 4 p.m.
  • The Bitwise 10 Large Cap Crypto Index had no changes as a result of the December 30, 2022 reconstitution.
  • The Bitwise Decentralized Finance Crypto Index had no changes as a result of the December 30, 2022 reconstitution.
  • The Bitwise Crypto Indexes are reconstituted on a monthly basis according to the rules of the Bitwise Crypto Index Methodology as applied by the Bitwise Crypto Index Committee.

Chevron Finalizes Acquisition of Beyond6 CNG Fueling Network

Retrieved on: 
Wednesday, January 4, 2023

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), today closed its previously announced acquisition of full ownership of Beyond6, LLC and its nationwide network of compressed natural gas stations from Mercuria Energy Trading and Beyond6 founder Andrew West.

Key Points: 

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), today closed its previously announced acquisition of full ownership of Beyond6, LLC and its nationwide network of compressed natural gas stations from Mercuria Energy Trading and Beyond6 founder Andrew West.

CEMATRIX Announces the Strengthening of Its North American Sales Team

Retrieved on: 
Wednesday, December 7, 2022

CALGARY, Alberta, Dec. 07, 2022 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products, announces the strengthening of its sales team by way of key new hires in 2022 with a focus on sales growth and regional sales expansion throughout North America’s infrastructure markets.

Key Points: 
  • CALGARY, Alberta, Dec. 07, 2022 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products, announces the strengthening of its sales team by way of key new hires in 2022 with a focus on sales growth and regional sales expansion throughout North America’s infrastructure markets.
  • “It has been a priority for CEMATRIX to bolster its sales efforts in key markets as we continue to educate end users and promote our cellular concrete solutions across North America,” stated Jeff Kendrick, President, and CEO of CEMATRIX.
  • is based in the Greater Toronto Area (GTA) and joined CEMATRIX as a Technical Sales Representative, Central Region (Province of Ontario).
  • He and the MixOnSite team cover technical aspects of design and sales for projects throughout North America.

Chevron Invests in Carbon Capture and Removal Technology Company, Svante

Retrieved on: 
Thursday, December 15, 2022

Since its founding in 2007, Svante has developed carbon capture and removal technology using structured adsorbent beds, known as filters.

Key Points: 
  • Since its founding in 2007, Svante has developed carbon capture and removal technology using structured adsorbent beds, known as filters.
  • The size and cost of installing carbon capture technology has been a barrier to industry adoption.
  • In 2020, Chevron launched a project to pilot Svante technology to capture CO2 from post combustion of natural gas.
  • With the ability to capture CO2 from industrial sources and directly from the atmosphere in an environmentally sustainable way, Svante makes industrial-scale carbon capture and carbon removal a reality.