Chevron (CVX) Tops Q1 EPS by 42c

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Go back to Chevron (CVX) Tops Q1 EPS by 42c

Chevron Reports First Quarter Net Income of $3.6 Billion

April 27, 2018 8:30 AM EDT

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $3.6 billion ($1.90 per share diluted) for first quarter 2018, compared with $2.7 billion ($1.41 per share diluted) in the first quarter of 2017. Foreign currency effects increased earnings in the 2018 first quarter by $129 million, compared with a decrease of $241 million a year earlier.

Sales and other operating revenues in first quarter 2018 were $36 billion, compared to $32 billion in the year-ago period.

Earnings Summary

 

Three Months

Ended March 31

Millions of dollars   2018   2017 Earnings by business segment   Upstream $ 3,352 $ 1,517... More