Chevron Corporation has reported earnings of $3.7 billion ($1.95 per share – diluted) for fourth quarter 2018, compared with $3.1 billion ($1.64 per share – diluted) in the fourth quarter of 2017, which included $2.02 billion in tax benefits related to U.S. tax reform.

Total disclosed that included in the current quarter was an asset write-off totalling $270 million, adding that foreign currency effects increased earnings in the 2018 fourth quarter by $268 million.

Full-year 2018 earnings were $14.8 billion ($7.74 per share – diluted), compared with $9.2 billion ($4.85 per share – diluted) in 2017.

In a statement obtained by Vanguard, Chevron stated: “Included in 2018 were impairments and other charges of $1.59 billion and a gain on an asset sale of $350 million. Foreign currency effects increased earnings in 2018 by $611 million.

Read, 2018 NSE Trading Statistics – Total Market Volume Appreciated By 5.92%

Sales and other operating revenues in fourth quarter 2018 were $40 billion, compared to $36 billion in the year-ago period.” “Financial and operational results were strong in 2018,” said Michael K. Wirth, Chevron’s board chairman and chief executive officer.

“Earnings and cash flow continued to grow, and we delivered on all of our financial priorities. We increased the dividend, funded an attractive capital program, strengthened the balance sheet and returned surplus cash to our shareholders. During the second half of the year, we repurchased $1.75 billion of the company’s stock, and earlier this week, we announced a quarterly dividend increase of $0.07 per share.

See details>>>https://www.infomaza.com/chevron-rakes-net-income

Earnings and cash flow continued to grow, and we delivered on all of our financial priorities. We increased the dividend, funded an attractive capital program, strengthened the balance sheet and returned surplus cash to our shareholders. 

This is Highly impressive.
Keep it up guys.

Nice one


Meanwhile, in my country, as at this moment, no company/startup makes profit except those in a particular niche (Political Party)

My landlord Don hammer

The rise in earnings was basically due to tax cut in the US.

Even if you steal all the pants in the world, use your entire community to top up, or even bark like a dog for 10 years... You can never own a company like Emzor (nor even reason Chevron bros)... Legit is the best way to make it jare.



The profit is loud

Great performance.

How much from Nigeria?

Yankee101:
How much from Nigeria?

Wetin concern u?

donprinyo:

Wetin concern u?

Nigeria does not reveal it's gross earnings from JVCs. If you know what chevron made from naija you'll have an idea how much naija made from that JVC and be able to ask questions on accountability.

patricklaw:



See details>>>https://www.infomaza.com/chevron-rakes-net-income

Facebook made $6bn in just a quarter of 2018

donprinyo:

Wetin concern u?

boys like you're the problem of this country.

Trump is working

How do i get a job with dem

Yankee101:


Nigeria does not reveal it's gross earnings from JVCs. If you know what chevron made from naija you'll have an idea how much naija made from that JVC and be able to ask questions on accountability.

Until u believe dat there are some informations ur level of thinking is not yet matured for, u will continue asking the wrong question.

Omololu001:
boys like you're the problem of this country.

How much has Buhari told u dat he spent abroad for medical treatment? Nonsense. U have not been able to get local expenses now u want to know infos abt international oil companies.

post=75426528:
Earnings and cash flow continued to grow, and we delivered on all of our financial priorities. We increased the dividend, funded an attractive capital program, strengthened the balance sheet and returned surplus cash to our shareholders. 

This is Highly impressive.
Keep it up guys.

The same company that converted its graduate trainees to casual workers/contractors, meanwhile in USA and other locations its graduate trainees are staff's.
Double standard company.

https://www.premiumtimesng.com/news/headlines/276721-chevron-converts-graduate-trainees-to-casual-workers-triggering-standoff.html

https://www.icirnigeria.org/we-have-been-on-training-for-five-years-without-confirmation-cry-chevron-trainees/

http://saharareporters.com/2018/09/25/first-class-graduates-other-protesters-accuse-chevron-enslavement

https://punchng.com/were-not-committed-to-first-class-graduate-trainees-others-chevron/

https://ynaija.com/the-injustice-blog-mtn-chevron-and-the-unending-casualization-of-nigerians/

Hardebayo:
The rise in earnings was basically due to tax cut in the US.

Trash talk, how much was oil for the 4th qtr 2018?

Yankee101:
How much from Nigeria?

Its top secret, if nigeria as a country sold $104 billion worth of oil in 2018 and FG got $38 billion, than d balance goes to multinationals. Yet our people are mostly casual workers

This is how NNPC should be run.

A profit making Publicly quoted Company with government share holdings not more than 20%.

ATIKU we know.

Obi Issa Goal.

JubrinElSudan:
My landlord Don hammer

Bros connect me with this ya landlord abeg, I no mind even if na chef for em wife

post=75426528:
Earnings and cash flow continued to grow, and we delivered on all of our financial priorities. We increased the dividend, funded an attractive capital program, strengthened the balance sheet and returned surplus cash to our shareholders. 

This is Highly impressive.
Keep it up guys.

Making profit on employees sweats - you fire lots and load their jobs on the few that remain and refused to hire to at least lower the unemployment statistics

Those people were not their employees. They do not have any employment contract with Chevron and only have a contract with the training company.

Ellie01:


The same company that converted its graduate trainees to casual workers/contractors, meanwhile in USA and other locations its graduate trainees are staff's.
Double standard company.

https://www.premiumtimesng.com/news/headlines/276721-chevron-converts-graduate-trainees-to-casual-workers-triggering-standoff.html

https://www.icirnigeria.org/we-have-been-on-training-for-five-years-without-confirmation-cry-chevron-trainees/

http://saharareporters.com/2018/09/25/first-class-graduates-other-protesters-accuse-chevron-enslavement

https://punchng.com/were-not-committed-to-first-class-graduate-trainees-others-chevron/

https://ynaija.com/the-injustice-blog-mtn-chevron-and-the-unending-casualization-of-nigerians/

Ellie01:


The same company that converted its graduate trainees to casual workers/contractors, meanwhile in USA and other locations its graduate trainees are staff's.
Double standard company.

https://www.premiumtimesng.com/news/headlines/276721-chevron-converts-graduate-trainees-to-casual-workers-triggering-standoff.html

https://www.icirnigeria.org/we-have-been-on-training-for-five-years-without-confirmation-cry-chevron-trainees/

http://saharareporters.com/2018/09/25/first-class-graduates-other-protesters-accuse-chevron-enslavement

https://punchng.com/were-not-committed-to-first-class-graduate-trainees-others-chevron/

https://ynaija.com/the-injustice-blog-mtn-chevron-and-the-unending-casualization-of-nigerians/

As Carl Johnson (CJ in GTA San Andreas game): "Don't blame me. Blame the government".

donprinyo:

Until u believe dat there are some informations ur level of thinking is not yet matured for, u will continue asking the wrong question.

huh

..............Next level

smeag0l:
Those people were not their employees. They do not have any employment contract with Chevron and only have a contract with the training company.

See ur mouth like expired pap, and that is how they train their graduate trainees n dump them in USA too abi?

donprinyo:

Until u believe dat there are some informations ur level of thinking is not yet matured for, u will continue asking the wrong question.

Ok Mr "informations"