Chevron reports Third Quarter net income of $5.6 bln

Chevron Corporation has reported earnings of $5.6 billion ($2.95 per share – diluted) for third quarter 2014, compared with $5.0 billion ($2.57 per share – diluted) in the 2013 third quarter. Foreign currency effects increased earnings in the 2014 quarter by $366 million, compared with a decrease of $276 million a year earlier, the company said in its press release.
Sales and other operating revenues in third quarter 2014 were $52 billion, compared to $57 billion in the year-ago period.