Tudor Pickering raises its Q4 earnings estimate for Chevron (CVX) by $0.03 to $3.11/share,...


Tudor Pickering raises its Q4 earnings estimate for Chevron (CVX) by $0.03 to $3.11/share, higher than Wall Street analyst consensus of $3.04, after the oil producer's interim update. CVX's production estimate beat Tudor's target by ~1% while price realizations were slightly better, the firm says in reiterating its Hold rating. CVX +0.7% premarket.

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