Chevron Reports First Quarter Net Income of $3.6 Billion

Chevron Reports First Quarter Net Income of $3.6 Billion

San Ramon, Calif., April 27, 2018 – Chevron Corporation (NYSE: CVX) today reported earnings of $3.6 billion ($1.90 per share – diluted) for first quarter 2018, compared with $2.7 billion ($1.41 per share – diluted) in the first quarter of 2017. Foreign currency effects increased earnings in the 2018 first quarter by $129 million, compared with a decrease of $241 million a year earlier.
Sales and other operating revenues in first quarter 2018 were $36 billion, compared to $32 billion in the year-ago period.