Chevron Rose Over 6% in Morning Trading After Posting Bumper Q2 Profits

Tiger Newspress2022-07-29
  • Chevron rose over 6% in morning trading.
  • It posted a Q2 net profit of $11.6 billion, up 277% Y/Y, with an adjusted EPS of $5.82, beating the consensus of $5.08. Sales in Q2 were $68.76 billion, compared to $37.59 billion in the year-ago period, surpassing the consensus of $57.96 billion.
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