Chevron Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2011
January 27, 2012 at 07:00 pm IST
Chevron Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported total revenues and other income of $59,985 million, income before income tax expense of $9,965 million and net income attributable to the company of $5,123 million, or $2.58 diluted net income per share as compared to total revenues and other income of $54,027 million, income before income tax expense of $8,766 million and net income attributable to the company of $5,295 million, or $2.64 diluted net income per share for the same period a year ago. Capital and exploratory expenditures in 2011 were $8,264 million, compared with $6,218 million in 2010.
For the year ended December 31, 2011, the company reported total revenues and other income of $253,706 million, income before income tax expense of $47,634 million and net income attributable to the company of $26,895 million, or $13.44 diluted net income per share as compared to total revenues and other income of $204,928 million, income before income tax expense of $32,055 million and net income attributable to the company of $19,024 million, or $9.48 diluted net income per share for the same period a year ago. Capital and exploratory expenditures in 2011 were $29.1 billion, compared with $21.8 billion in 2010.