Chevron (NYSE: CVX) is resuming share repurchases after reporting earnings above expectations for the second quarter on the back of rallying commodity prices. Chevron reported on Friday adjusted earnings of $3.3 billion, or $1.71 per diluted share for the second quarter 2021. This compares with $1.59 earnings per share (EPS) consensus estimate of analysts compiled by The Wall Street Journal.
Chevron’s second-quarter 2021 earnings compare with a loss of $2.9 billion it posted for the second quarter of 2020, when the market and demand slump…Chevron Resumes Share Buybacks After Q2 Profit Beats Estimates
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