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Actionable news in CVX: CHEVRON CORPORATION,

The Worst May Be Over for Chevron (CVX), Exxon Mobil

NEW YORK (TheStreet) -- Chevron (CVX) and Exxon Mobil (XOM) posted wildly different third quarter results before trading opened Friday, as they contend with a contracting oil and gas industry.

Chevron resoundingly beat analyst expectations. It reported earnings of 68 cents per share when analysts surveyed by FactSet were expecting a more modest result of 40 cents. Chevron slightly missed on revenue, reporting $29 billion when analysts were expecting $33 billion.

Exxon Mobil's earnings, meanwhile, barely beat analyst expectations. It reported earnings of 63 cents per diluted...


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