Chevron Ready for its Quarterly Earnings Release

Published on Thursday, 29 July 2010 10:27 Written by Danny Miller

New York, July 29th (TradersHuddle.com) - Shares of Chevron Corp. (NYSE:CVX) are trading higher by +0.42% ahead of its quarterly earnings release. Chevron, the second largest U.S. energy producer is expected to release its quarterly results on July 30^th.

Wall Street Analysts consensus calls for a profit of $2.44 a share on $52.52 billion revenue.

Chevron estimates have a range of $0.58 a share. The high estimate calls for profit of $2.68 a share and the low estimate is calling for a profit of $2.1 a share, a year ago for the quarter the company reported $0.87 a share.

Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services. Chevron, the second largest U.S. energy producer and formerly known as ChevronTexaco, was founded in 1879 and its based in San Ramon, CA.