Is Chevron Losing Money?
The asset write down comes at a bad time because Chevron is making less money. For instance, Chevron’s gross profit fell from $16.968 billion on 30 June 2019 to $15.175 billion on 30 September 2019.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
The asset write down comes at a bad time because Chevron is making less money. For instance, Chevron’s gross profit fell from $16.968 billion on 30 June 2019 to $15.175 billion on 30 September 2019.
Read More