Published 1 year ago

Chevron annual profit doubles to record $36.5 billion, but misses estimates

Summary by RTÉ

Chevron on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings but fell shy of Wall Street estimates, undercut by asset writedowns and a retreat in oil and gas prices.

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Times of India

Chevron to buy back $75 billion in stock after record profit

The stock repurchase program will kick in April 1 and will be triple the size of the previous authorization unveiled in early 2019, the company said in a statement.

1 year ago·India

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Reuters

Chevron annual profit hits record but Q4 miss hits shares

Chevron Corp on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings, but the bottom line fell shy of Wall Street estimates, undercut by asset writedowns and rising costs.

1 year ago·United Kingdom

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CNN

Chevron earnings soar to a record

Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices.

1 year ago·Atlanta, United States

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KRDO

Chevron earnings soar to a record

(CNN) -- Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more than doubled from the $15.6 billion Chevron earned in 2021 and up 36% from its previous record profit set in 2011. The oil company's fourth-quarter earnings came in at $7.9 billion, up 61% from a year earlier but less than the record quarterly income of $11.4 billion it reported for the second quarter. The fourth q…

1 year ago·Colorado Springs, United States

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CNBC

Chevron annual profit doubles to record $36.5 billion, but misses estimates

Chevron on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings but fell shy of Wall Street estimates.

1 year ago·United States

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RTÉ

Chevron annual profit doubles to record $36.5 billion

Chevron has today posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings but fell shy of Wall Street estimates, undercut by an asset writedowns and a retreat in oil and gas prices.

1 year ago·Ireland

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