The oil major announced Q4 adjusted earnings per share of $2.06, which missed the average Wall Street estimate by 5 cents. CVX stock sold off more than 4.5% in the late afternoon session.
At nearly 18 times free cash flow, Chevron stock isn't cheap enough to buy -- even after today's sell-off. Analysts had predicted Chevron would earn $2.11 per share, adjusted for one-time items ...
Chevron Corporation (NYSE: CVX) stock fell 4.5% through 10:35 a.m. ET Friday after the company reported a revenue beat but an earnings miss in its morning Q4 report.
As CVX gears up to report fourth-quarter earnings on Jan. 31, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.