Chevron Announces First Quarter 2020 Results

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Chevron (CVX) Reports Q1 EPS of $1.93, Further Reduces Capital Expenditure Guidance

May 1, 2020 6:48 AM EDT

Chevron (NYSE: CVX) reported Q1 EPS of $1.93, versus $1.39 reported last year. Revenue for the quarter came in at $31.5 billion versus the consensus estimate of $29.38 billion.

Chevron is further reducing its 2020 capital expenditure guidance by up to $2 billion to $14 billion. In addition, the company... More