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Chevron Corp Reports $3.2 Billion Quarterly Profit
By USinMinutes - Jan 31, 2025, 06:17 AM ET
Last Updated - Jan 31, 2025, 06:17 AM EST
The company records $52.2 billion revenue for Q4 ended Dec 31, 2024
CHEVRON CORP [CVX] reported $3.2 billion profit for Q4 ended Dec 31, 2024, showing an increase of $980 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Jan 31, 2025 that it generated revenue of $52.2 billion for the period, showing an increase of $5 billion in the same quarter of the previous year.
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Based in San Ramon, California, the company reported $1.8 earnings per share for the period, compared to $2.5 in the last quarter.
The company's profit decreased by 27.79% from $4.5 billion in the last quarter.
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The revenue increased 6.73% from $48.9 billion in the same quarter of the previous year.
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