Chevron (CVX) Stock Climbs, but Buyback Questions Remain

TLDR Chevron stock reached $235.67 in premarket trading, moving above its previous 52-week high of $234.08. Chevron reported adjusted third-quarter earnings of $5.28 per share, exceeding analysts’ $4.89 estimate. Adjusted net income reached $10.4 billion, while revenue and other income rose to $67.8 billion. Chevron’s refining business generated $4.9 billion in earnings, up from $1.1 [...]

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