Chevron (CVX) Misses Q4 EPS by 8c, Revenues Miss
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Chevron Announces Fourth Quarter 2020 Results
January 29, 2021 7:30 AM ESTFourth quarter loss of $665 million; adjusted loss of $11 million Annual capital spending down 35 percent Increased 2020 dividend per share for 33rd consecutive year
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SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported a loss of $665 million ($(0.33) per share - diluted) for fourth quarter 2020, compared with a loss of $6.6 billion ($(3.51) per share - diluted) in fourth quarter 2019. Included in the current quarter was a charge of $120 million associated with Noble Energy, Inc. acquisition costs. Foreign currency effects decreased earnings by $534 million. Adjusted loss of $11 million... More
