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Chevron reports strong Q1 earnings of $2.18 per share, slightly topping analysts' forecasts.
Chevron, an integrated energy and chemical company, reported a strong first quarter with earnings of $2.18 per share, slightly above analysts' expectations.
Despite a 2.3% drop in revenue to $47.61 billion, the company's stock is valued at $140.21 per share.
Investment firms like Sara Bay Financial have adjusted their stakes, with some selling off shares.
Chevron's market cap stands at $244.86 billion, and it has a P/E ratio of 14.42.
The company also declared a quarterly dividend of $1.71 per share.
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Chevron informa fuertes ganancias del primer trimestre de $2.18 por acción, superando ligeramente las previsiones de los analistas.