- Quarterly payout up 5 per cent as earnings fall
- Latest in sector to report weak downstream performance
Even after years of growth in valuation and shareholder returns under a less-supportive US government, Chevron (US:CVX) is making sure it cosies up to the new administration as much as possible. Its 2024 and Q4 results showed support for Donald Trump by talking about “Gulf of America” assets, rather than the Gulf of Mexico.