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Chevron's Q2 earnings beat expectations, but revenue fell 12.4% year-over-year.
Chevron Corporation reported second-quarter earnings of $1.77 per share, exceeding expectations, with revenue of $44.82 billion, down 12.4% year-over-year.
The stock, trading around $160.13, has a market cap of $276.7 billion and a 4.3% dividend yield.
Institutional investors collectively own 72.4% of shares, with some firms increasing positions while others reduced stakes.
Insider sales included significant transactions by Director John B. Hess and VP Alana K. Knowles.
Analysts maintain a mixed but generally positive outlook, with a consensus "Hold" rating and a $165.05 average price target.
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Las ganancias del segundo trimestre de Chevron superaron las expectativas, pero los ingresos cayeron un 12,4% interanual.