Chevron’s Upstream Strength Lifts First-Quarter Earnings Past Estimate

By Sheila Dang Downstream segment swings to loss, mainly from timing effects Upstream earnings grow 4% year-on-year CFO says $1 billion in timing effects to unwind in Q2 HOUSTON, May 1 (Reuters) – Chevron (CVX.N) exceeded Wall Street estimates for its first-quarter earnings on Friday, as elevated oil prices linked to the ​U.S.-Israeli war on … Read more