Tag: OilOutput

Chevron Exceeds Estimates on Oil-Output Gains Amid $80 Crude

(Bloomberg) — Chevron Corp. surpassed expectations for a second straight quarter as strong oil-production growth from recent acquisitions helped the company take advantage of crude prices above $80 a barrel. Most Read from Bloomberg Adjusted first-quarter profit of $2.93 a share was 3 cents higher than the average of analyst estimates in the Bloomberg Consensus. […]