NEW YORK (Reuters) – Chevron Corp, the second largest U.S. oil company, reported Friday a drop of 51% in its third-quarter profit, hurt by the steep drop in prices of oil and natural gas margins anemic refineries.
Quarterly net income fell to $ 3.830 Chevron billion, or 1.92 dollars per share, from 7.890 billion, or 3.85 per share, in the same period last year. (more…)
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