Energy exploration company Chevron Corporation (NYSE: CVX) announced third-quarter 2023 financial results, reporting a sharp fall in net profit and revenues.
Net income attributable to Chevron Corporation was $6.53 billion or $3.48 per share in the third quarter, compared to $11.23 billion or $5.78 per share last year. Adjusted profit decreased 45% year-over-year to $3.05 per share.
Total revenues and other income were $54.08 billion in the September quarter, down 19% from $66.64 billion reported in the year-ago quarter.
“Chevron is delivering strong financial results while also investing to profitably grow our traditional and new energy businesses to drive superior value for shareholders,” said Mike Wirth, Chevron’s chief executive officer.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
