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

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

Chevron Announces First Quarter 2020 Results

May 1, 2020 6:45 AM EDT

First quarter earnings of $3.6 billion Cash flow from operations of $4.7 billion Taking actions to protect the dividend, sustain long-term value and preserve cash Further reducing 2020 capital expenditure guidance to as low as $14 billion Completed asset sales in the Philippines and Azerbaijan

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $3.6 billion ($1.93 per share - diluted) for first quarter 2020, compared with earnings of $2.6 billion ($1.39 per share - diluted) in the first quarter 2019. Included in the current... More