Chevron reported first-quarter profit that rose above expectations, and revenue that declined due to lower commodity prices but still beat forecasts. Income rose to $6.57 billion, or $3.46 a share, from $6.26 billion, or $3.22 a share, in the year-ago period. Total revenue fell 6.6%, to $50.79 billion, while sales and other operating revenue declined 6.6%, to $48.84 billion. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)(END) Dow Jones Newswires04-28-23 0947ET

Source: Wall Street Journal April 29, 2023 01:49 UTC