Chevron’s Q4 Profits Surge to Record Highs

- February 1st, 2013

Bloomberg reported that Chevron’s fourth quarter profits surged by 41 percent.

Bloomberg reported that Chevron’s fourth quarter profits surged by 41 percent.

As quoted in the market report:

Net income rose to $3.70 a share from $2.58, or $5.12 billion, a year earlier, the San Ramon, California-based company said in a statement today. Chevron was expected to report per- share profit of $3.06, based on the average of 19 analysts’ estimate compiled by Bloomberg. Sales fell 3 percent to $56.3 billion.

To view the whole Bloomberg report, click here.

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