Investing.com - Chevron (NYSE:CVX) reported fourth quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $1.95 on revenue of $42.35B. Analysts polled by Investing.com expected EPS of $1.84 on revenue of $41.21B. That compared to EPS of $1.90 on revenue of $36.57B in the same period a year earlier. The company had reported EPS of $2.39 on revenue of $43.99B in the previous quarter.
Chevron shares gained 1.93% to trade at $116.86 in pre-market trade following the report.
Chevron shares gained 1.93% to trade at $116.86 in pre-market trade following the report.
For the year, Chevron shares are up 5.39%, under-performing the S&P 500 which is up 9.58% year to date.
Chevron follows other major Energy sector earnings this month
On Friday, Exxon Mobil reported fourth quarter EPS of $1.41 on revenue of $71.9B, compared to forecasts of EPS of $1.08 on revenue of $71.32B.
Royal Dutch Shell B ADR earnings beat analyst's expectations on Thursday, with fourth quarter EPS of $1.38 on revenue of $102.23B. Investing.com analysts expected EPS of $1.26 on revenue of $92.51B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar