Chevron's Dividend Destiny

Chevron's first-quarter 2024 earnings were significantly impacted by lower oil and gas prices compared to the previous year, resulting in a 36% decrease in profits. However, despite the lower earnings, Chevron remains a substantial company with a significant number of shares outstanding. As of the first quarter of 2024, Chevron had approximately 1.831 billion shares outstanding. This high share count makes Chevron a major player in the energy sector. While the exact number of shares held by individual investors is difficult to determine, institutional investors hold a significant portion. A large part of its revenue comes from crude oil production, so the lower prices for crude oil played a significant role in its performance. find the original article here: https://finance.yahoo.com/news/heres-many-shares-chevron-own-084600976.html