Friday, October 28, 2011


Chevron beats by $0.50, beats on revs
Reports Q3 (Sep) earnings of $3.92 per share, $0.50 better than the Capital IQ Consensus Estimate of $3.42; sales and other operating rev rose 26.2% year/year to $61.26 bln vs the $58.79 bln consensus. Worldwide net oil-equivalent production was 2.60 million barrels per day in the third quarter 2011, down from 2.74 million barrels per day in the 2010 third quarter. Production increases from project ramp-ups in Canada, ....
The above link is dynamic and will change.

Earnings more than double year-over-year.
Chevron reported earnings of $7.8 billion ($3.92 per share – diluted) for the third quarter 2011, compared with $3.8 billion ($1.87 per share – diluted) in the 2010 third quarter.

Sales and other operating revenues in the third quarter 2011 were $61 billion, up from $48 billion in the year-ago period, mainly due to higher prices for crude oil and refined products.

No comments:

Post a Comment