Chevron (CVX) Tops Q3 EPS by 16c

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Go back to Chevron (CVX) Tops Q3 EPS by 16c

Chevron Announces Third Quarter 2020 Results

October 30, 2020 6:45 AM EDT

Third quarter loss of $207 million; adjusted earnings of $201 million Capital spending down 48 percent; operating expenses down 12 percent Noble Energy acquisition completed in October 2020

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported a loss of $207 million ($(0.12) per share - diluted) for third quarter 2020, compared with earnings of $2.6 billion ($1.36 per share - diluted) in third quarter 2019. Included in the current quarter was a charge of $130 million attributable to a tax item related to an international upstream end-of-contract settlement and a non-cash provision of $90... More