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Chevron announced earnings per share of $-4.44 on revenue of $15.93B. Analysts polled by Investing.com anticipated EPS of $-0.89 on revenue of $21.71B.
Chevron shares are down 28% from the beginning of the year , still down 31.13% from its 52 week high of $125.27 set on September 16, 2019. They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 1.34% 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 $0.16 on revenue of $32.5B, compared to forecasts EPS of $-0.2 on revenue of $54.33B.
Total ADR had beat expectations on Thursday with second quarter EPS of $0.02 on revenue of $21.58B, compared to forecast for EPS of $-0.12 on revenue of $24.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
