Chevron (CVX) Tops Q2 EPS by 10c

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Chevron Announces Second Quarter 2021 Results

July 30, 2021 6:00 AM EDT

Earnings of $3.1 billion; adjusted earnings of $3.3 billion Cash flow from operations of $7.0 billion; free cash flow of $5.2 billion Resuming share repurchases, targeted at $2-3 billion per year

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $3.1 billion ($1.60 per share - diluted) for second quarter 2021, compared with a loss of $8.3 billion ($(4.44) per share - diluted) in second quarter 2020. Included in the current quarter were remediation charges associated with previously sold assets of $120 million and pension settlement costs of $115 million. Foreign currency effects... More