Chevron Corporation (NYSE:CVX) will release earnings results for the second quarter before the opening bell on Friday, Aug. 1.
Analysts expect the Houston, Texas-based company to report quarterly earnings at $1.75 per share, down from $2.55 per share in the year-ago period. Chevron is projected to report quarterly revenue of $45.59 billion, compared to $51.18 billion a year earlier, according to data from Benzinga Pro.
Chevron has won a dispute with Exxon Mobil over Hess Corp’s (NYSE:HESS) offshore oil assets in Guyana. Exxon CEO Darren Woods confirmed the latest news in an interview with CNBC on July 18.
Chevron shares fell 1.3% to close at $151.64 on Thursday.
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