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Chevron announced earnings per share of $2.56 on revenue of $48.13B. Analysts polled by Investing.com anticipated EPS of $3.1 on revenue of $44.68B.
Chevron shares are up 15% from the beginning of the year, still down 1.19% from its 52 week high of $137.00 set on January 27. They are outperforming the S&P 500 which is down 9.23% from the start of the year.
Chevron’s report follows an earnings beat by Schlumberger on January 21, who reported EPS of $0.41 on revenue of $6.23B, compared to forecasts EPS of $0.389 on revenue of $6.09B.
Kinder Morgan had beat expectations on January 19 with fourth quarter EPS of $0.27 on revenue of $4.43B, compared to forecast for EPS of $0.2524 on revenue of $3.61B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
