Chevron Beats Earnings Expectations. The Stock Is Rising. - Barron's
1. Chevron's stock rose early Friday after beating earnings expectations. 2. Earnings per share expected at $2.16, down from $2.93 last year. 3. Oil at $60 per barrel allows Chevron to remain profitable. 4. Share buyback plan may be cut depending on oil prices. 5. Chevron's operations in Venezuela may face challenges from U.S. policy.