Chevron (CVX) Posts Q4 Loss of 31c/Share; Includes Impairments
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/29/2026
- S&P 500 flat as higher bond yields counter tech optimism
- Anthropic prospectus shows $2T IPO ambition, warns of AI 'existential risk'
- Risk appetite remains concentrated in large-cap stocks, Citi says
- Netflix stock: Deutsche Bank gets bullish as valuation leaves room to run
- CarMax shares rise over 2% on strong earnings and revenue beat
- Salesforce agrees to acquire AI research platform Listen Labs
- Workday cuts 2.5% of workforce, revises GAAP margin outlook
- Bloom Energy shares fall on Oracle project halt
- Exclusive-Activist Jana pushes Fiserv to accelerate cost cuts and tap Palantir
- Stocks fall as higher oil prices, Treasury yields weigh
Chevron Reports Fourth Quarter Loss of $588 Million and 2015 Earnings of $4.6 Billion
January 29, 2016 8:30 AM ESTFourth quarter earnings include impairments and other charges of $1.1 billion 107 percent oil and gas reserves replacement
SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported a loss of $588 million ($0.31 per share diluted) for fourth quarter 2015, compared with earnings of $3.5 billion ($1.85 per share diluted) in the 2014 fourth quarter. Foreign currency effects increased earnings in the 2015 quarter by $46 million, compared with an increase of $432 million a year earlier.
Full-year 2015 earnings were $4.6 billion ($2.45 per share diluted) compared with $19.2 billion ($10.14 per share diluted) in 2014.
... More