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Chevron reports $12.1B Q2 earnings; production up 20%

Chevron posted $12.1B in Q2 earnings and reported 20% higher production, citing expansion of LNG and crude capacity, long-term deals, and a $418M DLA fuel contract.

CVX

1B in Q2 earnings and reported production 20% higher as it expands LNG and crude capacity. The company said it is signing long-term deals ranging from a 20-year Microsoft PPA to Iraq pipeline and Basra-Haditha projects. Chevron also won a $418M DLA fuel contract and was trading above GF Value. Previous Wee…