A Tale of Two Energy Companies: Chevron Sinks into Fourth-Quarter 2015 Loss, Phillips 66 Earnings Fall on Midstream Woes

SUGAR LAND--February 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).