Chevron’s annual profit doubles to a record US$36.5-billion, but misses estimates

Chevron’s annual profit doubles to a record US$36.5-billion, but misses estimates

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Chevron Corp. CVX-N on Friday posted a record $36.5-billion profit for 2022 that was more than double year-earlier earnings but fell shy of Wall Street estimates, undercut by an asset writedowns and a retreat in oil and gas prices. The second largest U.S. oil producer’s adjusted net profit for…

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