Chevron Earnings Top Estimates While Refining Swings to Loss
Chevron beat first-quarter expectations as higher oil prices lifted upstream earnings, offsetting a sharp swing to losses in refining. Adjusted earnings came in at $1.41 per share, well above expectations. Upstream delivered $3.9 billion, up 4% year-on-year, as crude prices surged during the quarter
ORIGINAL SOURCE →via OilPrice.com
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · finance
- [FINANCE] [Editorial] Creating a smoke-free generation
- [FINANCE] Your Taxes: Israel’s lower mid-market is tempting international M&A buyers
- [FINANCE] GoQuant launches GoCredit to modernise digital lending
- [FINANCE] Goldman Sachs stock price forecast: bullish momentum holds as GS trades above support near $930 - Traders Union
- [FINANCE] Postmortem: How a Lack of Clear Goals Led to My PIP at a Unicorn – and How I Recovered
- [FINANCE] Ethereum Foundation finalizes sale of 10,000 ether to BitMine as part of its treasury strategy