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Chevron reviews Q2 miss as Hess takeover faces new delays By Reuters

Chevron reviews Q2 miss as Hess takeover faces new delays By Reuters


(Refiles to say second quarter, not first, in paragraph 2)

(Reuters) – Oil large Chevron Corp (NYSE:) missed estimates for second-quarter revenue on Friday, damage by weak refining margins.

The corporate, whose $53 billion takeover of Hess (NYSE:) has been delayed to at the least Might subsequent yr, reported adjusted earnings of $2.55 per share for the second quarter, lacking analysts’ estimates of $2.93.





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