Chevron Reports Q1 Earnings Drop Amid One-Time Hedging Impact
Chevron reported a 35% year-over-year decline in first-quarter earnings due partly to one-time hedging activity, but the company boosted U.S. production by 24%. Despite weak results, Chevron returned $6 billion to shareholders through dividends and share repurchases.
Tickers: $CVX
Topics: dividends energy production_growth