Chevron and Caterpillar had the cash to lean into a weak market. Noble Energy’s assets fit perfectly into Chevron’s Permian Basin portfolio. Caterpillar’s oil and gas business is thriving. In 2020, ...
Caterpillar Inc. released its fourth-quarter and full-year 2020 results late last week, with both reflecting changes in dealer inventories and decreased end-user demand – presumably due to the ...
Ladies and gentlemen, thank you for standing by, and welcome to the Q4 2020 Caterpillar Earnings Conference Call. At this time, all participants are in a listen-only mode. Please be advised that today ...
Caterpillar Inc. (NYSE:CAT) is the world’s largest manufacturer of heavy equipment such as engines, construction and mining equipment. The American company also owns countless brands across the globe.
Caterpillar 2020 sales and revenues were down 22 percent compared to 2019, to $41.7 billion from $53.8 billion. The company cited decreased end-user demand and reductions in dealer inventories.
Caterpillar Inc. CAT reported third-quarter 2020 adjusted earnings per share of $1.34, which beat the Zacks Consensus Estimate of $1.15 by a margin of 17%. However, the bottom line plunged 50% from ...
Caterpillar (CAT 4.03%) has signed an agreement to acquire Weir Group's (WEIR 1.37%) oil and natural gas division, Weir Oil & Gas, for $405 million in cash. Pending shareholder and regulatory approval ...
Caterpillar sales and revenues totaled $12.9 billion in the second quarter of 2021, up 29 percent from the same period in 2020 when sales were $10.0 billion. Caterpillar chairman and CEO Jim Umpleby ...
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