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Chevron's 1Q profit of $5.17B marks Big Oil's latest gusher
Friday May 2, 4:28 pm ET
By Michael Liedtke, AP Business Writer
Chevron's first-quarter profit of $5.17B caps another big round of earnings for Big Oil
SAN RAMON, Calif. (AP) -- Astounding profits in the oil industry are becoming as routine as the anguished looks of motorists filling up their gas tanks.
Chevron Corp. put yet another exclamation point on the oil patch's long run of prosperity Friday with a first-quarter profit of $5.17 billion, or $2.48 per share. That was up 10 percent from net income of $4.72 billion, or $2.18 per share, last year.
http://biz.yahoo.com/ap/080502/earns_chevron.html?.v=4
Friday May 2, 4:28 pm ET
By Michael Liedtke, AP Business Writer
Chevron's first-quarter profit of $5.17B caps another big round of earnings for Big Oil
SAN RAMON, Calif. (AP) -- Astounding profits in the oil industry are becoming as routine as the anguished looks of motorists filling up their gas tanks.
Chevron Corp. put yet another exclamation point on the oil patch's long run of prosperity Friday with a first-quarter profit of $5.17 billion, or $2.48 per share. That was up 10 percent from net income of $4.72 billion, or $2.18 per share, last year.
http://biz.yahoo.com/ap/080502/earns_chevron.html?.v=4
