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Why Chevron Stock Popped After Earnings

TheMotleyFool 
0 0 31.10.25
Why Chevron Stock Popped After Earnings: https://g.foolcdn.com/editorial/images/840628/oil-drill.jpg
 

Chevron (NYSE: CVX) stock jumped 2.4% through 11:55 a.m. ET Friday after reporting a sizable earnings beat this morning.

Analysts expected Chevron to earn $1.71 per share, adjusted for one-time items, on sales of $47.4 billion in Q3. Instead, Chevron reported $1.85 per-share profit, and sales exceeded $49.7 billion.

Image source: Getty Images.

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Source Fool.com

Chevron Corp. Stock

€136.90
3.610%
A very strong showing by Chevron Corp. today, with an increase of €4.78 (3.610%) compared to yesterday's price.
The stock is one of the favorites of our community with 35 Buy predictions and 2 Sell predictions.
As a result the target price of 162 € shows a slightly positive potential of 18.33% compared to the current price of 136.9 € for Chevron Corp..
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