Summary
Chevron Corporation (CVX) filed an 8-K on April 27, 2018, reporting its unaudited first quarter 2018 financial results. The company announced a net income of $3.6 billion for the quarter, indicating a significant improvement in profitability compared to the previous year's performance. This figure is derived from the press release attached as Exhibit 99.1, which provides further details on the company's operational and financial condition for the period ending April 26, 2018. Investors should note that this information is being furnished, not filed, under Section 18 of the Securities Exchange Act of 1934, meaning it does not carry the same legal implications as a formally filed document. However, the reported net income of $3.6 billion offers a key snapshot of Chevron's earnings power during the first quarter of 2018, reflecting the prevailing market conditions and the company's operational execution.
Key Highlights
- 1Chevron reported unaudited first quarter 2018 net income of $3.6 billion.
- 2The results were announced via a press release filed on April 27, 2018.
- 3The press release, included as Exhibit 99.1, contains detailed financial information.
- 4The event date for these results is April 26, 2018.
- 5This filing is an 8-K Current Report.
- 6The information provided is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934.