Yahoo Finance Live examines Chevron shares following a disappointing earnings report and the energy company's stock buyback program.
Chevron (NYSE: CVX) finished 2022 with a bit of a whimper. The oil company, which is one of the top holdings of Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), faced headwinds from lower oil and gas prices and a write-down in its international operations. Chevron posted $6.35 billion, or $3.33 per share, of net income in the third quarter.
Image source: The Motley Fool. Chevron (NYSE: CVX)Q4 2022 Earnings CallJan 27, 2023, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning.