Chevron Stock Falls After Earnings Miss


Chevron stock was falling in premarket trading on Friday after the oil giant missed earnings expectations.

Chevron (ticker: CVX) reported $4.9 billion in adjusted earnings, or $2.56 a share, on $48.1 billion in revenue in the fourth quarter. Analysts had expected earnings of $6 billion, or $3.13 a share, on $45.3 billion in revenue, according to FactSet.

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