SOURCE: Industrial Info Resources

Industrial Info Resources

February 01, 2016 07:00 ET

A Tale of Two Energy Companies: Chevron Sinks Into Fourth-Quarter 2015 Loss, Phillips 66 Earnings Fall on Midstream Woes, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Feb 1, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Stung by the drop in crude prices, global oil and gas giant Chevron Corporation (NYSE:CVX)(San Ramon, California) reported a net loss of $588 million for fourth-quarter 2015, compared with $3.5 billion in net earnings a year earlier. Industrial Info is tracking 180 active Chevron projects worth $139.72 billion.

Within this article: Details of projects by Chevron Corporation (NYSE:CVX) and Phillips 66 (NYSE:PSX).

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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