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Chevron Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Chevron's Q4 earnings projected at $2.11 per share, lower than last year. 2. Revenue expected to increase to $48.41 billion from $47.18 billion. 3. Tengizchevroil LLP starts oil production in Kazakhstan, boosting Chevron's operations. 4. Analysts' ratings show a mix of targets from $160 to $188 for CVX.

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FAQ

Why Neutral?

Earnings decline may weigh on investor sentiment despite revenue stability. Similar past instances saw minor share price fluctuations.

How important is it?

Earnings reports significantly impact stock prices, though outlook is mixed this time.

Why Short Term?

Earnings results will likely have immediate effects. Past earnings reports have typically influenced stock price temporarily.

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