Chevron (CVX) Tops Q3 EPS by 5c, Revenues Miss

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Chevron Reports Third Quarter Net Income of $4.0 Billion

November 2, 2018 8:30 AM EDT

Record quarterly oil-equivalent production of 2.96 million barrels per day, 9 percent higher than a year earlier Third quarter cash flow from operations of $9.6 billion Share repurchases of $750 million

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $4.0 billion ($2.11 per share diluted) for third quarter 2018, compared with $2.0 billion ($1.03 per share diluted) in the third quarter of 2017. Included in the current quarter were a write-off, an asset impairment, and a non-recurring contractual settlement totaling $930... More