Quarterly / Earnings Reports | First Quarter (1Q) Update
Chevron Reports Q1 2018 Financial Results; Tags 2.85 MMBOEPD in Production
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Chevron reported its Q1 2018 financial results.
Highlights:
- Reported earnings of $3.6 billion ($1.90 per share – diluted) for first quarter 2018, compared with $2.7 billion ($1.41 per share – diluted) in the first quarter of 2017. Foreign currency effects increased earnings in the 2018 first quarter by $129 million, compared with a decrease of $241 million a year earlier.
- Sales and other operating revenues in first quarter 2018 were $36 billion, compared to $32 billion in the year-ago period.
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