Chevron’s third-quarter profit slumps, shares fall 5% on earnings miss
A Chevron gas station on December 05, 2022 in Houston, Texas. Brandon Bell | Getty Images Chevron It reported third-quarter earnings that beat Wall Street estimates by a large margin, sending its stock price lower in pre-market trading. Oil company profits fell from their record levels a year ago as falling crude oil prices and rising costs reduced refining and chemicals profits. Results are still strong by historical standards, but a far cry from last …