Chevron (CVX) is up slightly AH after providing a Q2 interim update outlining the performance of...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX) is up slightly AH after providing a Q2 interim update outlining the performance of its E&P (upstream), refining, and retail ops. The oil giant expects Q2 earnings to be above Q1 levels (the consensus is for EPS to be decline to $3.20 from $3.27), as a decline in upstream profits (the result of lower oil prices) is offset by higher refining margins and asset sales.