Revenue and other income reached $70.06 billion versus a $67.93 billion consensus, underscoring stronger-than-expected quarterly results for the oil major.
Chevron reported stronger-than-expected second-quarter results, with adjusted earnings per share of $6.06 compared with a $5.65 estimate. Revenue and other income came in at $70.06 billion, above the $67.93 billion consensus. The figures point to another quarter of robust profitability for a major oil producer as elevated energy-sector earnings continue to draw investor attention.