Chevron reports fourth quarter 2023 results

San ramon, calif.--(business wire)--chevron corporation (nyse: cvx) reported earnings of $2.3 billion ($1.22 per share - diluted) for fourth quarter 2023, compared with $6.4 billion ($3.33 per share - diluted) in fourth quarter 2022. included in the current quarter were $1.8 billion of u.s. upstream impairment charges and $1.9 billion of decommissioning obligations from previously sold assets in the u.s. gulf of mexico. foreign currency effects decreased earnings by $479 million. adjusted earni.
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