Summary
Chevron Corporation (CVX) filed an 8-K on January 27, 2017, to report its unaudited fourth quarter 2016 results. The company announced a net income of $415 million for the quarter. This filing primarily serves to disclose the financial results as presented in an attached press release, which provides greater detail on operational performance and financial condition for the period ending December 31, 2016. Investors should refer to the full press release (Exhibit 99.1) for a comprehensive understanding of these results, including any segment-specific performance, expense details, and cash flow information.
Key Highlights
- 1Chevron reported unaudited net income of $415 million for the fourth quarter of 2016.
- 2The 8-K filing disseminates the company's Q4 2016 earnings press release as an exhibit.
- 3The reported net income reflects the financial performance for the period ending December 31, 2016.
- 4This filing is an event-driven disclosure to inform stakeholders of recent financial results.
- 5Investors are directed to the attached press release (Exhibit 99.1) for detailed financial information.
Frequently Asked Questions
The primary purpose of this 8-K filing is to publicly disclose Chevron's unaudited financial results for the fourth quarter of 2016, as presented in their earnings press release.
Chevron reported an unaudited net income of $415 million for the fourth quarter of 2016.
More comprehensive details regarding Chevron's fourth quarter 2016 financial condition and results of operations can be found in the press release attached as Exhibit 99.1 to this 8-K filing.
No, the information included in this 8-K and its exhibit is specifically stated as not being deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.