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-0.00022157859843047 -0.00570257954905528 0.000845389586624352 0.000845389586624352 0.00865033494031412 0.013181295726164 0.0132982237464439 0.0143505759289639
Stock impact report

Chevron's Q4 oil production surges but earnings fall Y/Y on lower oil prices [Seeking Alpha]

Chevron Corporation (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Company Research Source: Seeking Alpha
a year ago but came in above Wall Street expectations; shares closed the previous session at the highest since April 2023 and are Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Chevron's Q4 adjusted profit and revenue exceeded Wall Street expectations, despite both declining compared to the prior year. Lower crude oil prices, costs related to the Hess acquisition, and unfavorable foreign currency effects drove earnings lower, while higher production volume and improved downstream margins provided partial offsets. Chevron expects production to grow by 7%-10% in 2026, driven in part by projects in Guyana and the U.S. Gulf. Recommended For You More Trending News Show less Read more
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