Chevron (CVX) reported Q2 2022 results that both improved significantly from the year-ago quarter and exceeded Wall Street expectations. CVX stock rose about 8.9% to $163.78 on July 29. The stock of the multinational oil and gas giant has gained almost 40% year-to-date. Earnings Numbers in Detail Revenue rose to $68.76 billion from $37.6 billion in the year-ago quarter and exceeded the consensus estimate of $59.29 billion. Adjusted EPS of $5.82 jumped from $1.71 in the year-ago quarter and beat the consensus estimate of $5.10. The strong results were supported by robust demand for oil and gas and high product prices. In the U.S.
https://www.tipranks.com/news/chevrons-q2-earnings-beat-stock-jumps-9?utm_source=advfn.com&utm_medium=referral
Chevron (NYSE:CVX)
Historical Stock Chart
From Oct 2022 to Nov 2022 Click Here for more Chevron Charts.
Chevron (NYSE:CVX)
Historical Stock Chart
From Nov 2021 to Nov 2022 Click Here for more Chevron Charts.