Chevron announced earnings per share of $0.11 on revenue of $24.45B. Analysts polled by Investing.com anticipated EPS of $-0.23 on revenue of $25.61B.
Chevron shares are down 42% from the beginning of the year, still down 44.04% from its 52 week high of $122.94 set on November 14, 2019. They are under-performing the Dow Jones which is down 6.59% from the start of the year.
Chevron’s report follows an earnings beat by Royal Dutch Shell B ADR on Thursday, who reported EPS of $0.24 on revenue of $44.02B, compared to forecasts EPS of $0.04 on revenue of $46.36B.
Total ADR had beat expectations on Friday with third quarter EPS of $0.29 on revenue of $27.22B, compared to forecast for EPS of $0.08 on revenue of $28.75B.
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