Chevron Financial Report / Chevron Financial Statement
Chevron had its Earnings Conference call today at 11 AM ET to discuss its 3rd quarter earnings FY 2008.
Chevron reported a net income of $7.9 billions, compared to $3.7 billion earned the 3rd quarter lat year. The companies upstream revenues (from exploration and production) increased significantly due to higher prices. The downstream revenues ( refining) also increased due to better margins. Upstream income suffered a $400 million loss due to shut down of refineries as a result of hurricanes.
Continue reading Chevron Financial Report - 3rd Quarter 2008 Earnings.
