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Chevron CEO Unloads Stock After Record Earnings

Guavy AI Editorial Team
Instruments
CVX
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Chevron's CEO sold 317,100 shares of company stock on August 14th, according to recent filings. The average price per share was $200.46, resulting in a total transaction value of $63,565,866.

This sale marks a significant decrease in the CEO's position, with his direct ownership now totaling 26,308 shares valued at approximately $5,273,701.68.

The company recently reported strong second-quarter earnings and announced an oil and gas condensate discovery in offshore Angola.

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