Chevron' bottom line in free fall

The US oil company took a hard blow in the fourth quarter, making a big dent in the annual result.

Photo: Lucy Nicholson/Reuters/Ritzau Scanpix

BY RITZAU FINANS & ENERGYWATCH

US-based oil and gas supermajor Chevron exited the fourth quarter with an adjusted per-share result of USD 1.49 against the prior outlook of USD 1.45, reports Bloomberg News.

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