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Chevron reports strong earnings, beating estimates, amid fluctuating investment firm stakes.
Investment firms have been adjusting their stakes in Chevron Corporation, with some increasing holdings and others reducing them.
Despite analyst concerns, Chevron reported a strong quarter with earnings per share of $2.18, beating estimates by $0.03.
The company has a market cap of $258.86 billion and a P/E ratio of 16.94.
Analysts have a consensus rating of "Hold" with a target price of $160.41.
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Chevron reporta ganancias fuertes, superando las estimaciones, en medio de la fluctuación de las apuestas de las firmas de inversión.