
San Ramon, California-based Chevron Corporation (CVX) is a fully integrated oil & gas company focusing on oil & gas production, refining, and marketing. It operates through Upstream and Downstream segments. With a market cap of $268.8 billion, Chevron operates as one of the largest publicly traded oil & gas companies in the world.
The energy giant is set to announce its third-quarter results before the markets open on Friday, Oct. 31. Ahead of the event, analysts expect Chevron to deliver a non-GAAP EPS of $1.66, down a notable 33.9% from $2.51 reported in the year-ago quarter. While the company has missed Street’s bottom-line estimates once over the past four quarters, it has surpassed the projections on three other occasions.