Chevron's stock rises after profit beat as revenue falls short
Chevron Corp. CVX, +0.31% said Friday it had net income of 1.22 a share, in the fourth quarter, down from 3.33 a share, in the year-earlier period. Adjusted per-share earnings came to 3.19 FactSet consensus. Revenue fell to 56.473 billion a year ago, below the FactSet consensus of 1.8 billion of U.S. upstream impairment charges and $1.9 billion of decommissioning obligations from previou ...