First Squawk
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CHEVRON EXPECT 2026 PRODUCTION GROWTH OF 7%-10% YEAR-OVER-YEAR EXCLUDING ASSET SALES || DELIVERED $1.5 BILLION IN STRUCTURAL COST REDUCTIONS IN 2025
(@FirstSquaw)
CHEVRON CONTINUE TO ENGAGE WITH THE U.S. AND VENEZUELAN GOVERNMENTS TO ADVANCE SHARED ENERGY GOALS || TARGETING $3 BILLION-$4 BILLION IN COST REDUCTIONS BY END OF 2026
(@FirstSquaw)
CHEVRON Q4: REV. & OTHER INCOME $46.81B (EST $44.16B) || LIQUIDS PRODUCTION 1,488 MB/D (EST 1,501) || CASH FLOW FROM OPS $10.8B (EST $9.3B) || DOWNSTREAM EARNINGS $823M (EST $889.6M) || UPSTREAM EARNINGS $3.04B (EST $2.95B)
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CHEVRON WILL NOT INCREASE CAPITAL SPENDING THIS YEAR TO FAST-TRACK EXPANSION IN VENEZUELA - FT
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VERIZON Q4 ADJ EPS $1.09 VS IBES ESTIMATE $1.05 || Q4 TOTAL OPER REVENUE $36.4 BLN VS IBES ESTIMATE $36.06 BLN || Q4 POSTPAID PHONE NET ADDITIONS 616,000 VS FACTSET ESTIMATE 417,250
(@FirstSquaw)
VERIZON OUTLOOK 2026 ADJ EPS $4.90 TO $4.95 VS IBES ESTIMATE $4.76 || 372,000 BROADBAND NET ADDITIONS IN Q4 || OUTLOOK 2026 MOBILITY & BROADBAND SERVICE REV GROWTH OF 2%-3%, EQUATING TO ABOUT $93 BLN
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VERIZON OUTLOOK 2026 RETAIL POSTPAID PHONE NET ADDITIONS 750,000 TO 1.0 MLN || WIRELESS SERVICE REVENUE GROWTH WILL BE ABOUT FLAT IN 2026 || OUTLOOK 2026 CAPEX $16 BLN TO $16.5 BLN
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EXXON MOBIL ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2025 RESULTS || REPORTS Q4 ADJUSTED EPS $1.71 VS LSEG ESTIMATE $1.68 || SAYS IT DELIVERED 10 OF 10 KEY PROJECTS IN 2025 || REPORTS HIGHEST ANNUAL UPSTREAM PRODUCTION IN MORE THAN 40 YEARS
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EXXON MOBIL POSTS FULL-YEAR 2025 EARNINGS AT $28.84 BILLION || FULL-YEAR 2025 ADJUSTED EARNINGS AT $30.1 BILLION || DECLARES FIRST-QUARTER DIVIDEND OF $1.03 || PLANS TO REPURCHASE $20 BILLION OF SHARES THROUGH 2026
(@FirstSquaw)
LYONDELLBASELL Q4 2025 EARNINGS: ADJ LOSS/SHR 26C (EST EPS 24C) || SALES AND OPER REV. $7.09B (EST $6.9B) || ADJ. EBITDA $417M (EST $477.6M)
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REGENERON Q4 EPS USD 7.86 || Q4 REVENUE USD 3,884 MILLION VS ESTIMATE USD 3,800 MILLION || Q4 ADJUSTED EPS USD 11.44 VS ESTIMATE USD 10.6 || OUTLOOK FY CAPEX USD 1,100-1,300 MILLION
(@FirstSquaw)
REGENERON PHARMACEUTICALS INC - Q4 DUPIXENT GLOBAL NET SALES $4.9 BILLION || Q4 TOTAL EYLEA HD AND EYLEA U.S. NET SALES $1.1 BILLION || Q4 2025 EYLEA HD U.S. NET SALES $506 MILLION || PLANS TO INVEST APPROXIMATELY $2 BLN TO DEVELOP MANUFACTURING FACILITY IN NEW YORK
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TRUMP: I AM PLEASED TO ANNOUNCE THAT I AM NOMINATING KEVIN WARSH TO BE THE CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. KEVIN CURRENTLY SERVES AS THE SHEPARD FAMILY DISTINGUISHED VISITING FELLOW IN ECONOMICS AT THE HOOVER INSTITUTION, AND LECTURER AT THE
(@FirstSquaw)
TRUMP: KEVIN RECEIVED HIS A.B. FROM STANFORD UNIVERSITY, AND J.D. FROM HARVARD LAW SCHOOL. HE HAS CONDUCTED EXTENSIVE RESEARCH IN THE FIELD OF ECONOMICS AND FINANCE. KEVIN ISSUED AN INDEPENDENT REPORT TO THE BANK OF ENGLAND PROPOSING REFORMS IN THE CONDUCT OF MONETARY POLICY IN
(@FirstSquaw)
TRUMP: KEVIN WARSH BECAME THE YOUNGEST FED GOVERNOR, EVER, AT 35, AND SERVED AS A MEMBER OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FROM 2006 UNTIL 2011, AS THE FEDERAL RESERVE'S REPRESENTATIVE TO THE GROUP OF TWENTY (G-20), AND AS THE BOARD'S EMISSARY TO THE
(@FirstSquaw)
TRUMP: IN ADDITION, HE WAS ADMINISTRATIVE GOVERNOR, MANAGING AND OVERSEEING THE BOARD'S OPERATIONS, PERSONNEL, AND FINANCIAL PERFORMANCE. PRIOR TO HIS APPOINTMENT TO THE BOARD, FROM 2002 UNTIL 2006, KEVIN SERVED AS SPECIAL ASSISTANT TO THE PRESIDENT FOR ECONOMIC POLICY, AND
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TRUMP: PREVIOUSLY, KEVIN WAS A MEMBER OF THE MERGERS & ACQUISITIONS DEPARTMENT AT MORGAN STANLEY & CO., IN NEW YORK, SERVING AS VICE PRESIDENT AND EXECUTIVE DIRECTOR. I HAVE KNOWN KEVIN FOR A LONG PERIOD OF TIME, AND HAVE NO DOUBT THAT HE WILL GO DOWN AS ONE OF THE GREAT FED
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TRUMP: ON TOP OF EVERYTHING ELSE, HE IS “CENTRAL CASTING,” AND HE WILL NEVER LET YOU DOWN. - TRUTH SOCIAL
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IRAN’S FORMIN ARAGHCHI: SO FAR WE HAVE NO PLAN TO MEET US OFFICIALS || WE ARE EVEN MORE READY THAN IN JUNE LAST YEAR || TEHRAN IS PREPARED FOR BOTH WAR OR DIPLOMACY
(@FirstSquaw)
COLGATE-PALMOLIVE 4Q NET SALES $5.23B, EST. $5.13B || 4Q ADJ EPS 95C, EST. 91C || SEES 2026 NET SALES +2% TO +6% || SEES 2026 ORGANIC SALES +1% TO +4%, EST. +2.58%
(@FirstSquaw)
AMERICAN EXPRESS SEES 2026 REV. +9% TO +10% || 4Q EPS $3.53, EST. $3.56 || 4Q REV. $18.98B, EST. $18.92B || 4Q BILLED BUSINESS $445.1B, EST. $441.43B ||
(@FirstSquaw)