Friday, April 27, 2007

UPDATE 1-Chevron earnings rise due to refinery sale

(Reuters) - Net income increased to $4.72 billion, or $2.18 a share, from $4 billion, or $1.80 a share, a year earlier.

The company's results in the quarter included a gain of $700 million, or 32 cents a share, from the sale of its 31 percent stake in the Nerefco Refinery in the Netherlands.


Read more at Reuters.com Market News

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