US EditionChevron beats earnings expectations, returns more than $7 billion to shareholders
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Chevron beats earnings expectations, returns more than $7 billion to shareholders
International: Top News And Analysis Chevron's stock is largely flat for the year, underperforming the S&P 500 energy sector which has gained more than 6%.The post Chevron beats earnings expectations, returns more than $7 billion to shareholders appeared first on PinoyFeeds.
Despite the recent fall in oil prices, the US oil giants Chevron and Exxon earned more than expected in the past quarter. The reason for the billions in profits is the expansion of production.
Chevron beats earnings expectations, returns more than $7 billion to shareholders | Hedge Fund News From HedgeCo.Net
(CNBC) Chevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders. The oil major’s quarterly profit, however, declined substantially compared to the year-ago period due to lower margins on refined product sales, lower prices and the absence of favorable tax times. To read this article:
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