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Chevron (CVX) Looking for Q3 Results to Be Inline with Q2

October 11, 2011 5:01 PM EDT
Chevron (NYSE: CVX) issues an interim update for Q3 results: sees the quarter comparable to Q2. Expects downstream earnings to be better than in Q2, upstream earnings to be reduced amid lower crude oil realizations and lower liftings.

Earnings in both operating segments are expected to benefit from favorable non-cash foreign currency effects due to the strengthening of the U.S. dollar in the third quarter against other major currencies.

Click here to see full details from the press release.


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