(Bloomberg) -- Chevron Corp., the second-biggest U.S. oil company, said first-quarter earnings rose 18 percent on a gain from an asset sale and wider profit margins on gasoline and diesel.
Net income rose to $4.72 billion, or $2.18 a share, from $4 billion, or $1.80, a year earlier, the San Ramon, California- based company said today in a statement. Revenue slid 12 percent to $48.2 billion on an accounting change.
Read more at Bloomberg Energy News
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