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Exclusive: Chevron sees up to 15% reduction in positions – memo
Chevron did not immediately respond to a request for comment. The oil producer has announced spending cuts to cope with an unprecedented fall in oil prices and a slump in demand due to the COVID-19 pandemic. In March, Chevron began offering severance payments to its U.S. oil exploration and production employees if they chose to leave the company.
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Hedge Funds Dumped Marathon Petroleum Corp (MPC) During The Crash
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
from Yahoo Finance https://ift.tt/3darihp
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