Chevron Corp delivered strong financial results in Q2, with the highest reported earnings in over a year. Their Q2 results included special items totaling $235 million, including a remediation charge in the Gulf of Mexico and pension settlement costs and still its adjusted earnings were as high as $3.3 billion or $1.71 per share. The management has lowered their debt levels further in the quarter and is making the most of the rise in the oil prices. The company witnessed a sharp rise in upstream ....
08 Sep 2021
Chevron Corporation - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
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Chevron Corporation - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
- Published:
08 Sep 2021 -
Author:
Ishan Majumdar -
Pages:
14
Chevron Corp delivered strong financial results in Q2, with the highest reported earnings in over a year. Their Q2 results included special items totaling $235 million, including a remediation charge in the Gulf of Mexico and pension settlement costs and still its adjusted earnings were as high as $3.3 billion or $1.71 per share. The management has lowered their debt levels further in the quarter and is making the most of the rise in the oil prices. The company witnessed a sharp rise in upstream ....