Energy major Chevron Corporation (NYSE:CVX) is slated to release its third quarter Fiscal 2022 results on October 28, before the market opens. With the persistently high oil and gas prices and burgeoning demand alongside the war-led constrained supply, CVX stock has gained 52.7% so far this year. Despite the strength in the energy sector this year, Chevron has missed earnings expectations three out of seven times since 2021. The Street expects Chevron to post an adjusted profit of $4.85 per share in Q3, significantly higher than the prior-year period figure of $2.96 per share. Meanwhile, revenue is pegged at $61.44 billion, representing a whopping year-over-year jump of 37.4%.
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Chevron (NYSE:CVX)
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Chevron (NYSE:CVX)
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