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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Chevron Corporation | NYSE:CVX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.73 | 1.08% | 161.36 | 161.775 | 159.89 | 160.26 | 4,254,946 | 18:31:36 |
From May 2019 to May 2024
By Allison Prang
Chevron Corp.'s (CVX) third-quarter earnings fell by 36% from a year earlier, while revenue fell by 18%.
Chevron's profit was $2.58 billion, or $1.36 a share, down from $4.05 billion, or $2.11 a share, a year ago. Analysts polled by FactSet were expecting $1.57 a share.
Revenue was $36.12 billion. Analysts guided for $38 billion.
Total net oil-equivalent production was 3 million barrels per day.
"Lower crude oil and natural gas prices more than offset a 3 percent increase in net oil-equivalent production from last year's third quarter," Chief Executive Michael Wirth said.
Chevron said it had a $430 million tax charge from cash repatriation.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
November 01, 2019 09:05 ET (13:05 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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