International Companies

Chevron beats forecasts despite lower crude prices, Hess acquisition

By Josh White

Date: Friday 01 Aug 2025

(Sharecast News) - Chevron reported a 43% drop in second-quarter earnings on Friday, as weaker crude prices and charges tied to its acquisition of Hess weighed on the bottom line, though adjusted results beat expectations on strong production and resilient operations.
Net income fell to $2.5bn, or $1.45 per diluted share,...

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