Chevron Q4 Revenue Blows Past Estimates But Profit Falls Short | Global News Avenue

Humanoidal (CVX) After the profit of the energy giant in the fourth quarter was not enough to achieve the expectations of analysts, it was lost on the listing and trading on Friday.

The revenue of this energy giant report was 52.23 billion US dollars, an increase of more than 10 % year -on -year, much higher than the analyst’s estimated $ 47.49 billion, according to the visible Alpha.

Chevron’s profit increased by 43 % to US $ 3.24 billion, that is, $ 1.84 per share, but less than $ 3.43 billion and $ 1.96 per share. The adjustment of the income per share (earning per share) is $ 2.06, and there is no estimate.

Chevron also announced that the company’s board of directors has approved a quarterly dividend of 5 % to $ 1.71 per share.

Income follow Ge Vernova cooperation news

Earlier this week, The company announced the plan Cooperate with Ge Vernova (GEV) Building a natural gas station Artificial Intelligence (AI) Data centers across the country.

After entering 6 % of the day in the past 12 months, Chevron’s stock price has fallen by 1.5 %.