CVX

Chevron Corp. Reveals Climb In Q4 Income

(RTTNews) - Chevron Corp. (CVX) revealed a profit for its fourth quarter that increased from last year

The company's earnings totaled $3.239 billion, or $1.84 per share. This compares with $2.259 billion, or $1.22 per share, last year.

Excluding items, Chevron Corp. reported adjusted earnings of $3.632 billion or $2.06 per share for the period.

The company's revenue for the period rose 10.7% to $52.226 billion from $47.180 billion last year.

Chevron Corp. earnings at a glance (GAAP) :

-Earnings: $3.239 Bln. vs. $2.259 Bln. last year. -EPS: $1.84 vs. $1.22 last year. -Revenue: $52.226 Bln vs. $47.180 Bln last year.

The Board has increased its quarterly dividend by 5 percent to $1.71 per share, payable March 10, to shareholders of record as of February 14.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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