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Topic:
Chevron profit falls as refineries, output suffer
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Date Posted:
1/1/00 12:00am
Subject:
Chevron profit falls as refineries, output suffer
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"(Reuters) - Chevron Corp reported lower quarterly earnings on Friday as rising spending on oil and gas projects and losses at its refinery business offset gains from higher crude oil prices.
Oil and gas output at the No. 2 U.S. oil company also declined to 2.64 million barrels per day (BPD) from 2.79 million BPD a year-ago.
Fourth-quarter profit slipped to $5.1 billion, or $2.58 per share, from $5.3 billion, or $2.64 per share, a year earlier.
Shares of Chevron fell about 1 percent in premarket trading."
https://news.fidelity.com/news/news.jhtml?articleid=201201270852RTRSNEWSCOMBINED_TRE80Q11C_1&cat=Top.Investing.RT&IMG=Y
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winga
Title: Canadian
Posts: 2,256
Registered: 2001-4-27 15:46:32
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Date Posted:
1/1/00 12:00am
Subject:
Chevron profit falls as refineries, output suffer
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Date Posted:
1/1/00 12:00am
Subject:
Chevron profit falls as refineries, output suffer
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Chevron still has a P/E ratio of 7.68, and an EPS of 13.50. They're dropping their output to raise the stagnated price of oil.
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Fozzie_Bear
Posts: 2,490
Registered: 2001-12-20 01:43:43
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Date Posted:
1/1/00 12:00am
Subject:
Chevron profit falls as refineries, output suffer
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was reading yesterday that Brazil is suing them for an oil leak
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The Oatmeal Butterscotch paired with a Snickerdoodle
turned my cynical penis into a happy vagina
Then after an Oatmeal Cranberry and Double Chocolate,
it made my new vagina spontaneously sing the Trolololo Song in an elevator.
---AkagiyamaMissile
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JD_HOGG
Posts: 2,846
Registered: 2008-3-18 08:04:21
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Date Posted:
1/1/00 12:00am
Subject:
Chevron profit falls as refineries, output suffer
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lulz what? How can big oil profit fall? I thought big oil take what they want, or is that honey badger I am thinking of?
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