Chevron Corp’s Stock Price Movement
Chevron Corp’s stock price has been volatile in recent days. On Friday, the Dow Jones Industrial Average declined by 0.61%, closing at 41,603.07 points.
Market Performance The decline represents a 0.32% drop from the previous day’s close.
Venezuela Operations The US administration is preparing to issue a license allowing Chevron Corp to conduct minimal maintenance of essential operations in Venezuela. This decision follows a reversal by the Trump administration, which had previously imposed restrictions on the company’s activities in Venezuela.
Arbitration Case Chevron Corp is involved in a high-stakes arbitration case with Exxon Mobil over a $53 billion takeover of Hess Corp. The outcome will have significant implications for the company’s future.
Key Details
- Dow Jones Industrial Average: 41,603.07 points (Friday’s close)
- Decline from previous day’s close: 0.32%
- US administration’s decision: Issuance of a license for minimal maintenance in Venezuela
- Arbitration case: Chevron Corp vs. Exxon Mobil over a $53 billion takeover of Hess Corp