Chevron Slips Despite Q4 Beat, Lowers ’15 CapEx Budget
January 30, 2015 at 10:07 AM EST
Chevron (CVX) was edging down in early trading Friday, despite a better-than-expected fourth-quarter report. The oil giant said it earned $1.85 a share on revenue that fell 17.9% to $46.09 billion. Analysts were looking for it to earn $1.65 a share on revenue of $44.89 billion. While low oil prices have been plaguing the sector [...]
