Chevron (CVX) Reports In-Line Q1 EPS

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Chevron Announces First Quarter 2021 Results

April 30, 2021 6:30 AM EDT

Earnings of $1.4 billion; adjusted earnings of $1.7 billion Capital spending down 43 percent from prior year Cash flow from operations of $4.2 billion Free cash flow excluding working capital of $3.4 billion

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $1.4 billion ($0.72 per share - diluted) for first quarter 2021, compared with $3.6 billion ($1.93 per share - diluted) in first quarter 2020. Included in the current quarter were pension settlement costs and legal reserves totaling $351 million. Foreign currency effects decreased earnings by $2 million. Adjusted earnings of $1.7 billion... More