(Chevron, 27.Oct.2023) — Chevron Corporation (NYSE: CVX) reported earnings of $6.5bn ($3.48 per share – diluted) for third quarter 2023, compared with $11.2bn ($5.78 per share – diluted) in third quarter 2022. Included in the current quarter were a one-time tax benefit of $560mn in Nigeria and pension settlement costs of $40mn. Foreign currency effects increased earnings by $285mn. Adjusted earnings of $5.7bn ($3.05 per share – diluted) in third quarter 2023 compared to adjusted earnings of $10.8bn ($5.56 per share – diluted) in third quarter 2022.
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