UPDATE: Chevron (CVX) Tops Q1 EPS by 9c, Revenues Miss

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Go back to UPDATE: Chevron (CVX) Tops Q1 EPS by 9c, Revenues Miss

Chevron Reports First Quarter Net Income of $2.6 Billion

April 26, 2019 8:30 AM EDT

Upstream volumes up 7 percent from prior year Enters agreement to acquire Anadarko Petroleum Corporation

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $2.6 billion ($1.39 per share diluted) for first quarter 2019, compared with $3.6 billion ($1.90 per share diluted) in the first quarter of 2018. Foreign currency effects decreased earnings in the 2019 first quarter by $137 million.

Sales and other operating revenues in first quarter 2019 were $34 billion, compared to $36 billion in the year-ago period.

Earnings Summary

Three Months
Ended March 31

Millions of dollars 2019 2018 Earnings by business segment Upstream $3,123... More