(Bloomberg) -- Chevron Corp., the second-largest
U.S. oil producer, posted its highest quarterly earnings ever
after gasoline prices rose to a record and the company sold its
stake in Dynegy Inc. at a profit.
Second-quarter net income climbed to $5.38 billion, or
$2.52 a share, from $4.35 billion, or $1.97, a year earlier, the
San Ramon, California-based company said today in a statement.
The profit increase, at 24 percent, was the biggest among the
world's five largest investor-owned oil companies.
Read more at Bloomberg Energy News
U.S. oil producer, posted its highest quarterly earnings ever
after gasoline prices rose to a record and the company sold its
stake in Dynegy Inc. at a profit.
Second-quarter net income climbed to $5.38 billion, or
$2.52 a share, from $4.35 billion, or $1.97, a year earlier, the
San Ramon, California-based company said today in a statement.
The profit increase, at 24 percent, was the biggest among the
world's five largest investor-owned oil companies.
Read more at Bloomberg Energy News
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