Chevron reports net income at $12 billion, nearly 400% increase year-over-year

results out from Chevron this morning. And that stock, which was higher before it came out with results, is actually even higher than that now up by about $3.30%, a gain of 1.7%. Earnings for Chevron came in on an adjusted basis at $66 a share.That was better than the 556 the street was expecting. Cash flow from operations totaled $9.7% billion. That was better than estimates of $8.3% billion.Chevron set quarterly records for US production. perian production and throughput at multiple Gulf of America facili ...