Chevron (CVX) Misses Q2 EPS by 31c, Revenues Miss

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Go back to Chevron (CVX) Misses Q2 EPS by 31c, Revenues Miss

Chevron Reports Second Quarter Net Income of $3.4 Billion

July 27, 2018 8:30 AM EDT

Second quarter cash flow from operations $6.9 billion; $11.9 billion for six months Announces share repurchases, targeted at $3 billion per year Starts up fifth LNG train in Australia

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $3.4 billion ($1.78 per share diluted) for second quarter 2018, compared with $1.5 billion ($0.77 per share diluted) in the second quarter of 2017. Included in the current quarter was a receivable write-down of $270 million charged to operating expense. Foreign currency effects... More