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Chevron Corp  (CVX)
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    Sector  Energy    Industry Oil & Gas Integrated Operations


Income Positive Again, Sharp Topline Growth

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Chevron Corp announced first quarter 2017 operating income of $10707 millions

Chevron Corp announced earnings per share of $1.41 and Sales of $31.50 billions in the first quarter 2017, Company's earnings turn positive per share, versus $-0.39 eps, earned in the same quarter a year ago, although Chevron Corp saw it's Sales rise by 41.9 % in the same period.

In the previous quarter company realized Sales of $31.50 billions and $0.24 per share.
Only one section improved , while following segments recorded decrease in revenues Exploration or Production -34.28%, Refining, Marketing or Transportation -37.18%, All Other -34.29%.
All of the company's earnings growth, was located in Refining, Marketing or Transportation segment, while growth was cut back by -98.73% in Exploration or Production business.
All Other segment cut it's deficit to $-249.0 million. This made Company profitable again in the first quarter 2017, with $2,699 millions, an increase from net loss of $-707 millions in the first quarter 2017 a year ago. Chevron Corp also emphasized it's improving profit margins, where net margin rose to 8.08% in first quarter 2017, and operating margin edged up to 32.04%.
1All Other segments have decreased the loss.
Continuing with Chevron Corp's first quarter 2017 report, company pointed out increase in: SALES OF NATURAL GAS (MMCF/D) 8,001.00 up 0.18 %, SALES OF REFINED PRODUCTS (MB/D) 2,749.00 up 0.81 %.
Explaining results, Oil & Gas Integrated Operations company told, that it saw rise in: SALES OF NATURAL GAS LIQUIDS (MB/D) 243.00 gain by 7.52 %.
While on the opposite, declines were in: NET LIQUIDS PRODUCTION (MB/D) down -1.24 %, NET NATURAL GAS PRODUCTION (MMCF/D) down -0.92 %, OIL EQUIVALENT PRODUCTION (MB/D) down -1.13 %, REFINERY INPUT (MB/D) down -2.27 %, company concluded.
Other CVX's Earnings Reports

Chevron reported forth quarter 2016 earnings

Chevron reported third quarter 2016 earnings

Chevron reported second quarter 2016 earnings

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