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2016-08-01 18:35:00

CHEVRON NET LOSS 2.2 BLN

CHEVRON NET LOSS 2.2 BLN

Chevron Corporation (NYSE: CVX) reported a loss of $1.5 billion ($0.78 per share – diluted) for second quarter 2016, compared with earnings of $571 million ($0.30 per share – diluted) in the second quarter of 2015. Included in the quarter were impairments and other non-cash charges totaling $2.8 billion, partially offset by gains on asset sales of $420 million. Foreign currency…

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Tags: CHEVRON
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