Chevron: net income down sharply in Q4

(CercleFinance.com) - Chevron reports net income, group share, of $2,259m for Q4 2023, a figure almost divided by three from a year ago ($6,353m).
NB pmt +1.8%.

EPS was thus $1.22 compared with $3.33 in Q4 2022. Quarterly sales were also down sharply, with Q4 sales of $47.18bn compared with $56.47bn a year earlier.

Chevron reports FY net income, group share of $21,369m, compared with $35,465m in 2022.

Sales for 2023 amounted to $200.9bn, compared with $246.2bn in 2022.

Mike Wirth, Chevron's Chief Executive Officer, prefers to note that in 2023, the company returned more cash to shareholders than ever before: $26bn for the year, up 18% on the record figure for 2022.


Copyright (c) 2024 CercleFinance.com. All rights reserved.