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CHEVRON CORPORATION

(CVX)
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Chevron : Reports FCCU-Related Shutdown at Pasadena Refinery in Texas

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08/30/2019 | 08:25am EDT

By Dan Molinski

Chevron Corp. (CVX) reported a planned shutdown Friday linked to a gasoline-making fluid catalytic cracking unit at its refinery in Pasadena, Texas.

In a statement to the Texas Commission on Environmental Quality, the refinery said it would "follow applicable maintenance, startup, and shutdown procedures to minimize emissions," but didn't specifically indicate the purpose of the shutdown.

The shutdown began Friday morning and was due to end Saturday morning, the refinery said.

The 110,000-barrel-a-day refinery is located in the Houston area.

Write to Dan Molinski at dan.molinski@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
CHEVRON CORPORATION 2.16% 124.12 Delayed Quote.14.09%
WTI -0.44% 61.7 Delayed Quote.21.48%
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Financials (USD)
Sales 2019 154 B
EBIT 2019 20 918 M
Net income 2019 13 541 M
Debt 2019 21 005 M
Yield 2019 3,83%
P/E ratio 2019 17,5x
P/E ratio 2020 16,0x
EV / Sales2019 1,67x
EV / Sales2020 1,59x
Capitalization 236 B
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Technical analysis trends CHEVRON CORPORATION
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TrendsBullishNeutralNeutral
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 136,92  $
Last Close Price 124,12  $
Spread / Highest target 32,9%
Spread / Average Target 10,3%
Spread / Lowest Target -14,6%
EPS Revisions
Managers
NameTitle
Michael K. Wirth Chairman & Chief Executive Officer
Patricia E. Yarrington Chief Financial Officer & Vice President
Joseph C. Geagea EVP-Technology, Projects & Services Divisions
Ronald D. Sugar Lead Independent Director
Enrique Hernandez Independent Director
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