From January to March 2014 net profit of Chevron totaled $4,512,000,000 or $2.36 per share against $6,178,000,000 or $3.18 per share during the same period in 2013.
Thus, net profit declined by 27%, because of reduction of production and decline of prices.
From January to March 2014 profit from the main activities dropped to $50,978,000,000 against $54,296,000,000.
Total sum of profit dropped to $53,265,000,000 from $56,818,000,000.
From January to March 2014 Chevron reduced oil and gas production by 2.3% to 2.59 million barrels a day from 2.65 million barrels a day in 2013.