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Chevron to lay off 200 workers in the Permian Basin, rectifying an earlier reported figure of 800 due to a reporting error.
CVX's dividend remains reliable, but reinvestment needs and lost cash flow may slow down its payout growth in the near term.
Amid a reduction in its global workforce, Chevron plans to lay off over 200 Midland County employees on July 15.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Chevron’s (CVX) decision to cut 20% of its workforce in 2025, recently impacting 800 employees in the Permian Basin region, ...
While ExxonMobil is a leader in today's energy industry, its ability to maintain its leadership will be a crucial factor in ...
Civitas Resources is a high-yield investment with a 7% dividend yield, low P/E of 4.7, and strategic growth positioning. Read ...
The cuts are part of the oil company's effort to downsize its global workforce by 20% by 2026. Chevron has a major operation in Texas's Permian Basin.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The United States posted a record surge in industrial exports in April, driven by strong global demand for materials such as ...
XOM aims to cut its oil breakeven to $35 by 2027 and $30 by 2030, boosting resilience even in low-price markets.
If you're looking to build long-term wealth, consistently investing in the stock market is a powerful strategy. Research by ...