Chevron announced net income for the fourth quarter of 41%, the company produce more oil and natural gas, and improve the oil refining business performance, and realized in Australia's natural gas assets exchange income areas.
Chevron released the first quarter net income for 7.2 billion dollars, and revenue for 606 billion dollars. This is the $5.1 billion in revenue of $6 billion a year.
This is the largest in the history of the company in the fourth quarter of profit. The company's annual profit of $26.2 billion us dollars, after last year's Numbers.
In each Shared basis, chevron won the $3.70. Analysts expected before, the company for $3.06 a share, according to FactSet, but analysts had no considering the $1.4 billion dollars of chevron's assets exchange earnings.
Stacey Hudson, Raymond James analysts estimate, switching is worth 72 cents per share, this let chevron's adjusted earnings per share eight cents, less than analysts had expected, but higher than last year in the fourth quarter of forty cents. Chevron's performance also help the company's product marketing business in the Caribbean sales.
Excluding from Australia asset sale chevron's net income increased 14% in the quarter.
Hudson results described as "solid". Chevron shares rose $1.35 to close at $116.50 on Friday.
This quarter, chevron's output up to 2.67 million barrels of oil and natural gas, every day only slightly from a year ago, but increase, from 2.5 million companies in the third quarter of the year of production. This year, chevron company produces the average 2.64 million barrels a day, from 2011 in 2.67 million barrels a day.
Production has been temporarily closed damage, the company in Brazil's offshore wind power projects, this is the so-called Frade field. It has been closed, because the oil was considered in November 2011 and March 2012 from field seepage.
In the quarter, the company in the United States oil and other liquid hydrocarbon production increased by 3% to 462000 barrels a day. The bubble growth in the United States behind the overall production has risen sharply in recent years. In the fourth quarter of last year the United States 6.85 million barrels of crude oil output year-on-year growth of 14% from the same period last year 5.98 million barrels a day, according to the U.S. department of energy.
Chevron for an average of $91 a barrel, the fourth quarter in the United States to sell oil and liquid, from $101 a barrel, in the fourth quarter of last year. In a foreign country, chevron brought $100 a barrel, lower than last year from $101.
Chevron's chemical and refining business improvement, especially in the United States, because including crude oil, natural gas and liquefied natural gas plant investment cost down, and refining and chemical fuel prices. Chevron oil refinery production in the United States fell 750 million barrels, however, in August a fire in Richmond, California plant shutdown processing unit.
Larger competitors exxon mobil corporation announced the fourth quarter earnings of $995 million us dollars, up 6%.



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