The New York Times
July 27, 2012 Chevron said on Friday that profit fell 7 percent in the second quarter as oil prices weakened. The company also said that oil and gas output would fall short this year, but margins were strong for the smaller refining business.
Los Angeles Times
Take just about any business situation in which the value of a company's primary product suddenly falls by more than 29% and it could be time to panic. Then there is the oil patch, where billions of dollars in profits are possible even after that...
The Herald
Chevron Corp., the second-largest U.S. energy company by market value, topped the highest profit estimate from analysts after an 80 percent increase in refining returns helped make up for falling oil prices. Second-quarter net income fell to $7.21...
Contra Costa Times
Chevron reported lower profits on Friday, amid falling oil prices and reduced energy production, but the results were cushioned by improved earnings from refinery operations. Chevron earned $7.21 billion during its second quarter that ended on June...