07:06 AM EDT, 04/26/2024 (MT Newswires) -- Chevron ( CVX ) reported Q1 adjusted earnings Friday of $2.93 per share, down from $3.55 a year earlier.

Analysts polled by Capital IQ expected $2.90.

Revenue for the quarter ended March 31 was $48.72 billion, down from $50.79 billion a year earlier.

Analysts surveyed by Capital IQ expected $50.71 billion.

Chevron ( CVX ) maintained its quarterly dividend at $1.63 a share, payable June 10 to shareholders as of May 17.

Price: 163.62, Change: -1.66, Percent Change: -1.00