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Chevron beats estimates on record Q3 production, despite weak crude price

By Frank Prenesti

Date: Friday 31 Oct 2025

(Sharecast News) - Chevron posted better-than-expected third-quarter results, driven by record production, offsetting weaker oil prices.
On a constant currency basis and excluding costs associated with the acquisition of Hess, Chevron earned $1.85 per share, beating forecasts of $1.68 per share.

The oil giant pumped a record 4.1 million barrels...

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