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Energy John Watson

  • HOUSTON, Sept 28- Chevron Corp Vice Chairman Mike Wirth will become chief executive next February, replacing the retiring John Watson, the oil and natural gas producer said on Thursday. The move copies rival Exxon Mobil Corp, which this year named refining expert Darren Woods as its CEO, a step seen as prioritizing cash generation to protect payouts to...

  • HOUSTON, Sept 28- Chevron Corp's Vice Chairman Mike Wirth will become chief executive next February, replacing the retiring John Watson, the oil and natural gas producer said on Thursday. Last year, Watson earned $24.6 million in pay, share options and bonuses, up from $22 million in 2015. Wirth was paid $9.1 million last year, up from $8.1 million in 2015..

  • HOUSTON, Aug 22- Chevron Corp Chief Executive John Watson will step down by the end of next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters on Tuesday. The move would copy rival Exxon Mobil Corp, which earlier this year named refining expert Darren Woods as its own CEO, a step widely seen as prioritizing cash...

  • HOUSTON, Aug 22- Chevron Corp Chief Executive John Watson will step down by the end of next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters on Tuesday. The company's shares are up about 35 percent since Watson took over as Chevron CEO in January 2010, but the Dow Jones Industrial Average has more than doubled in...

  • HOUSTON, Aug 22- Chevron Corp Chief Executive John Watson will step down by next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters on Tuesday. Watson, an economist by training, rose through the company's ranks, served as its chief financial officer, and earlier oversaw the integration of Texaco operations...

  • Aug 22- Chevron Corp Chief Executive John Watson is stepping down from his post atop the nation's second-largest oil company, according to a report from the Wall Street Journal. A successor for Watson, 60, who has been the company's chairman and chief executive since 2010, has not been formally approved by the company's board. A leading candidate is Michael...

  • HOUSTON, April 28- Rising crude prices helped Chevron Corp and Exxon Mobil Corp easily beat analysts' quarterly profit expectations on Friday, setting an upbeat tone as the two companies press ahead with shale oil expansions. Chevron swung to a $2.68 billion quarterly profit and turned cash flow positive, earning more than it spent, a milestone Wall Street...

  • HOUSTON, April 28- Rising crude prices helped Chevron Corp and Exxon Mobil Corp easily beat analysts' quarterly profit expectations on Friday, setting an upbeat tone as the two companies press ahead with shale oil and liquefied natural gas expansions. Chevron swung to a $2.68 billion quarterly profit and turned cash flow positive, earning more than it spent, a...

  • HOUSTON, April 28- Rising crude prices helped Chevron Corp and Exxon Mobil Corp easily beat Wall Street's profit expectations on Friday, a sign the oil industry has regained its footing after a two-year price spiral. Looming over the large international oil companies, though, is uncertainty over whether the Organization of the Petroleum Exporting Countries...

  • HOUSTON, April 28- Oil producer Chevron Corp posted a better-than-expected quarterly profit on Friday due to cost cuts, asset sales and rising crude prices. Chevron posted net income of $2.68 billion, or $1.41 per share, compared to a loss of $725 million, or 39 cents per share, in the year-ago period. Production rose 0.4 percent to 2.67 million barrels of oil...

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  • *Profit ex-items $2.55/ share, misses $2.83 analysts' view. Increasing output from the wellhead is a struggle for many big oil companies, including Exxon Mobil Corp and Royal Dutch Shell.