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Chevron 4Q profit and revenue fall as oil price drops
2015-01-31 15:51:45| Energy - Topix.net
Chevron Corp. said Friday its net income and revenue dropped in the fourth-quarter as oil and gas prices slumped, and the company said it plans significant cuts in spending in 2015. Chevron said net income sank 30 percent and revenue declined 18 percent in the fourth quarter, as it earned $3.47 billion, or $1.85 per share, on $46.09 billion in revenue.
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Category:Energy and Environment
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