Chevron Reports Fourth Quarter Net Income of $3.7 Billion, Annual Earnings of $14.8 Billion
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Chevron (CVX) Tops Q4 EPS by 8c, Revenues Miss
February 1, 2019 8:32 AM ESTChevron (NYSE: CVX) reported Q4 EPS of $1.95, $0.08 better than the analyst estimate of $1.87. Revenue for the quarter came in at $42.35 billion versus the consensus estimate of $46.13 billion.
Record annual net oil-equivalent production of 2.93 million barrels per day, 7 percent higher than a year earlier; 4 to 7 percent growth targeted for 2019Reserves replacement of 136 percentDividend increase of $0.07 per shareShare repurchases of $1.0 billion in fourth quarterFinancial and operational results were strong in 2018, said Michael K. Wirth, Chevrons chairman of the board and chief executive... More
