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2016-11-01 18:35:00

CHEVRON NET LOSS $912 MLN

CHEVRON NET LOSS $912 MLN

Chevron Corporation (NYSE: CVX) reported earnings of $1.3 billion ($0.68 per share – diluted) for third quarter 2016, compared with earnings of $2.0 billion ($1.09 per share – diluted) in the third quarter of 2015. Foreign currency effects increased earnings in the 2016 third quarter by $72 million, compared with an increase of $394 million a year earlier.

Sales and other operating revenues in third quarter 2016 were $29 billion, compared to $33 billion in the year-ago period.

"Third…

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Tags: CHEVRON
Chronicle:
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