Friday, July 27, 2007

Chevron profit up with refining, beats view

(Reuters) - Excluding the $680 million gain on sale of Dynegy stock and a $160 million loss on debt redemption, the company would have posted earnings of about $2.37 a share. On that basis, the average forecast of Wall Street analysts was $2.30 a share, according to Reuters Estimates.




Total revenue in the quarter rose to $56.09 billion from $53.54 billion last year.


Read more at Reuters.com Business News

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