Chevron Corp exceeded expectations in terms of profit for the third quarter, it was reported on Friday.
According to a company representative, this achievement was primarily the result of increased oil and gas production, as well as improved energy prices.
"We are pleased to report on the strong financial results for the last quarter, which reflect our continued production and cost management strategies," noted the chief executive officer of the company.
The report also states that the net profit for the period from July to September amounted to 3 billion dollars or 1.59 dollars per share, which surpassed analysts' expectations.
