Morgan Stanley Downgrades Chevron (CVX) to Equalweight

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Go back to Morgan Stanley Downgrades Chevron (CVX) to Equalweight

Chevron (CVX) Tops Q2 EPS by 8c

August 1, 2014 8:33 AM EDT

Chevron (NYSE: CVX) reported Q2 EPS of $2.98, $0.08 better than the analyst estimate of $2.90. Revenue for the quarter came in at $55.58 billion versus the consensus estimate of $56.93 billion.

Highlights:

U.S. upstream earnings of $1.05 billion in second quarter 2014 were down $29 million from a year earlier, as gains on asset sales and stronger crude oil... More