Greenland Technologies Holding Corp
Change company Symbol lookup
Select an option...
GTEC Greenland Technologies Holding Corp
GBX Greenbrier Companies Inc
CLEU China Liberal Education Holdings Ltd
WAFU Wah Fu Education Group Ltd
LACQ Leisure Acquisition Corp
BAC Bank of America Corp
TIF Tiffany & Co
SE Sea Ltd
NRIM Northrim BanCorp Inc
TTC Toro Co
Go

Industrials : Machinery |
Based in China
Company profile

Greenland Technologies Holding Corporation, formerly Greenland Acquisition Corporation, through its subsidiaries, is primarily engaged in developing and manufacturing of traditional transmission products for material handling machineries and developing of a robotic cargo carrier prototype in China.

Price
Delayed
$3.01
Day's Change
0.25 (9.06%)
Bid
--
Ask
--
B/A Size
--
Day's High
3.49
Day's Low
2.83
Volume
(Heavy Day)

Today's volume of 92,552 shares is on pace to be much greater than GTEC's 10-day average volume of 28,087 shares.

92,552

Chevron profit rises but sales fall, amid COVID-19-related drop in demand for commodities

7:01 am ET May 1, 2020 (MarketWatch)
Print

Chevron Corp. (CVX) reported Friday first-quarter earnings that rose but revenue that fell from a year ago, as commodity prices fell sharply in March primarily because of reduced demand amid the COVID-19 pandemic. "Financial results in future periods are expected to be depressed as long as current market conditions persist," the energy giant said in a statement. The stock was little changed in premarket trading. Net income rose to $3.60 billion, or $1.93 a share, from $2.65 billion, or $1.39 a share, in the year-ago period. Sales fell 13.1% to $29.71 billion, while total revenue, which includes income from equity affiliates and other income, declined 10.5% to $31.50 billion. The FactSet consensus for earnings per share was 65 cents and for sales was $29.1 billion. Chevron said it was further reducing its 2020 capital expenditure outlook by $2 billion to $14 billion, and expects operating costs to decrease by $1 billion. The company previously announced that it was suspending stock repurchases and has completed additional asset sales. "Together these actions are consistent with our longstanding financial priorities: to protect the dividend; to prioritize capital that drives long-term value; and to maintain a strong balance sheet," said Chief Executive Michael Wirth. The stock has dropped 14.1% over the past three months through Thursday, while crude oil futures have tumbled 64.4% and the Dow Jones Industrial Average has declined 13.8%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 01, 2020 07:01 ET (11:01 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.