Friday, December 26, 2025 | 12:47 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Chevron third-quarter profit soars 52 percent on higher oil, natgas prices

Image

Reuters HOUSTON

HOUSTON (Reuters) - Chevron Corp said on Friday its quarterly profit rose 52 percent on higher oil and natural gas prices.

The company posted third-quarter net income of $1.95 billion, or $1.03 per share, compared with $1.28 billion, or 68 cents per share, in the year-ago period.

Production rose 8 percent to 2.7 million barrels of oil equivalent per day.

(Reporting by Ernest Scheyder; Editing by Jeffrey Benkoe)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 27 2017 | 6:14 PM IST

Explore News