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2018-07-30 13:25:00

CHEVRON EARNINGS $3.4 BLN

CHEVRON EARNINGS $3.4 BLN

CHEVRONChevron Corporation (NYSE: CVX)  reported earnings of $3.4 billion ($1.78 per share – diluted) for second quarter 2018, compared with $1.5 billion ($0.77 per share – diluted) in the second quarter of 2017. Included in the current quarter was a receivable write-down of $270 million charged to operating expense. Foreign currency effects increased earnings in the 2018 second quarter by $265 million, compared with an increase of $3 million a year earlier.

Sales and other operating revenues in second quarter…

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CHEVRON EARNINGS $3.4 BLN
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