(CercleFinance.com) – Chevron publishes net profit, group share, of $2,259 million for the 4th quarter of 2023, a figure almost divided by three compared to the same period a year earlier ($6,353 million).
EPS thus stands at $1.22 compared to $3.33 in the 4th quarter of 2022.
Quarterly activity is also in sharp decline, with turnover in the 4th quarter of $47.18 billion compared to $56.47 billion a year earlier.
Over the entire year Chevron reports net profit, group share of $21,369 million, compared to $35,465 million in 2022.
The 2023 turnover comes to $200.9 billion compared to $246.2 billion in 2022.
Mike Wirth, CEO of Chevron, prefers to remember that in 2023, the company returned more cash to shareholders than ever, i.e. $26 billion for the year, a figure up 18% compared to the record of 2022 .
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