2019-11-05 14:10:00
CHEVRON NET INCOME $2.6 BLN
CHEVRON - Chevron Reports Third Quarter Net Income of $2.6 Billion
- Cash flow from operations of $7.8 billion
- Share repurchases of $1.25 billion
San Ramon, Calif., Nov. 1, 2019 – Chevron Corporation (NYSE: CVX) today reported earnings of $2.6 billion ($1.36 per share - diluted) for third quarter 2019, compared with $4.0 billion ($2.11 per share - diluted) in the third quarter 2018. Included in the current quarter was a tax charge of $430 million related to a cash repatriation. Foreign currency effects increased earnings in the third quarter 2019 by $74 million.
Sales and other operating revenues in third quarter 2019 were $35 billion, compared to $42 billion in the year-ago period.
-----
Earlier:
2019, October, 30, 09:35:00
U.S. SANCTIONS FOR ROSNEFT
Rosneft welcomes the work of Chevron, Halliburton, Schlumberger, Baker Hughes, and Weatherford companies due to another renewal of their licences by the American regulator.
2019, October, 18, 11:25:00
ROSNEFT, CHEVRON FOR VENEZUELA
During a meeting in Moscow last month, Russian President Vladimir Putin and Venezuelan President Nicolas Maduro, who has already threatened to nationalize Chevron's assets, discussed the possibility of Rosneft taking over Chevron's Venezuelan operations, sources said.
