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Chevron earnings plunge, but $2.6 billion profit beats predictions

2015-05-02 13:03:57| Oil & Gas - Topix.net

Chevron profits plunged during its first quarter, undermined primarily by low prices for crude oil, but the results still topped Wall Street's expectations, the company reported Friday. Profits nose-dived 43 percent and revenue slumped 35 percent during the January-March quarter comapred with the same three months the year before.

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