Chevron Q4 Earnings Call Highlights

CFO Eimear Bonner reported fourth-quarter earnings of 2.8billion,or2.8 billion, or 1.39 per share, with adjusted earnings of 3.0billion,or3.0 billion, or 1.52 per share. Bonner said items included pension curtailment costs of 128millionandnegativeforeigncurrencyeffectsof128 million and negative foreign currency effects of 130 million.Wirth said Chevron reached 1,000,000 barrels of oil equivalent per day in the Permian and described a shift in focus toward free cash flow growth. He also noted the close of the Hess acquisition, which he said created “a premier upstream por ...