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CVX Earnings: Chevron This autumn 2024 income grows 11% YoY

by Index Investing News
February 2, 2025
in Markets
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Power exploration firm Chevron Company (NYSE: CVX) on Friday introduced fourth-quarter 2024 monetary outcomes, reporting a rise in revenues.

CVX Earnings: Chevron This autumn 2024 income grows 11% YoY

Internet revenue attributable to Chevron Company rose to $3.24 billion or $1.84 per share within the fourth quarter from $2.26 billion or $1.22 per share within the prior 12 months interval. Adjusted revenue decreased 40% year-over-year to $2.06 per share.

Whole revenues and different revenue had been $52.2 billion within the December quarter, up 11% from $47.18 billion reported within the year-ago quarter.

“In 2024, we delivered report manufacturing, returned report money to shareholders and began up key progress initiatives. Worldwide and U.S. web oil-equivalent manufacturing elevated 7 and 19 %, respectively, from final 12 months,” stated Mike Wirth, Chevron’s chief govt officer.

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