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Chevron Earnings Crush Estimates on Higher Oil and Gas Prices. The Stock Rises.

Chevron Earnings Crush Estimates on Higher Oil and Gas Prices. The Stock Rises.

Pamela James by Pamela James
October 28, 2022
in Finance
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Chevron


stock climbed in premarket trading Friday after the oil and gas giant delivered a big earnings beat in the third quarter.



Chevron


(ticker: CVX) reported adjusted earnings of $10.8 billion, or $5.56 a share, a 90% increase on the year-ago period but below the $11.4 billion it reported in the second quarter. Operating revenue was $66.6 billion.

Pamela James

Pamela James

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