Company News: Chevron (CVX) posts weak Q4 results

Market news

29 January 2016

Company News: Chevron (CVX) posts weak Q4 results

Chevron reported Q4 FY 2015 loss of $0.31 per share (versus earnings of $1.85 in Q4 FY 2014); analysts expected earnings of $0.51.

The company's quarterly revenues amounted to $29.247 bln (-36.5% y/y), missing consensus estimate of $31.134 bln.

CVX fell to $85.00 (-1.07%) in pre-market trading.

Upgrades and downgrades before the market open

Canada's GDP rises 0.3% in November

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.