Chevron Takes Hit From Low Prices, Shutdowns in Third-Quarter 2012, but Sees Smoother Sailing Ahead, an Industrial Info News Alert

(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 11/05/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- (NYSE:CVX) (San Ramon, California) saw declines in revenues and profits in the third quarter of 2012, as prices dropped and the company conducted a large amount of planned maintenance in its fields, which reduced the overall output of oil and gas. Net income for the quarter was reported to be $5.25 billion, a 32.9% decrease from the third quarter of 2011. Industrial Info is tracking more than $100 billion in active projects involving Chevron.
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Datum: 05.11.2012 - 11:30 Uhr
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News-ID 199282
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SUGAR LAND, TX
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Oil & Gas
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