financetom
Business
financetom
/
Business
/
Chevron reports Q2 miss as Hess takeover faces new delays
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Chevron reports Q2 miss as Hess takeover faces new delays
Aug 2, 2024 4:12 AM

Aug 2 (Reuters) - Oil giant Chevron Corp ( CVX ) missed

estimates for second-quarter profit on Friday, hurt by weak

refining margins.

The company, whose $53 billion takeover of Hess has

been delayed to at least May next year, reported adjusted

earnings of $2.55 per share for the second quarter, missing

analysts' estimates of $2.93.

(Reporting by Mrinalika Roy in Bengaluru; Editing by Anil

D'Silva)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved