Chevron Earnings, Revenue miss in Q4 By Investing.com

Chevron (NYSE:CVX) reported on Friday fourth quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.

Chevron announced earnings per share of $-0.01 on revenue of $25.25B. Analysts polled by Investing.com anticipated EPS of $0.0926 on revenue of $25.97B.

Chevron shares are up 5% from the beginning of the year and are trading at $89.51 , down-from-52-week-high.They are outperforming the Dow Jones which is down 0.01% from the start of the year.

Chevron shares gained 0.55% in pre-market trade the report.

Chevron follows other major Energy sector earnings this month

Chevron’s report follows an earnings beat by Schlumberger on January 22, who reported EPS of $0.22 on revenue of $5.53B, compared to forecasts EPS of $0.1735 on revenue of $5.24B.

Valero Energy had beat expectations on Thursday with fourth quarter EPS of $-1.06 on revenue of $16.6B, compared to forecast for EPS of $-1.3 on revenue of $15.4B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar