Chevron Stock Moves Higher After Earnings Beat, Share Buyback Plans
newscatcher
2021-07-30 10:30
Chevron Stock Moves Higher After Earnings Beat, Share Buyback Plans
Chevron Corp  (CVX) - Get Report posted stronger-than-expected second quarter earnings Friday and pledged to resume share buybacks as free cash flow hit the highest levels in two years thanks to the broader oil market rebound. Chevron said adjusted earnings for the three months ending in June came in at $1.60 per share, up from a $1..59 per share loss over the the same period last year and four cents ahead of the Street consensus forecast. Group revenues, the company said, surged 178% higher from last year to $37.

https://www.thestreet.com/investing/chevron-stock-higher-after-earnings-beat-share-buyback-plans

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