Oil, gas and mining

Chevron reports strong quarter, announces stock buybacks



Mike Wirth, Chevron CEO, joins The Exchange to break down the company’s numbers from the latest quarter. Strong recovery is a global trend, Wirth says. The only industry lagging is international travel, he adds. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

Chevron rose 1.9% in premarket trading after it beat estimates by 12 cents with adjusted quarterly earnings of $1.71 per share. Revenue beat estimates as well, as oil prices rose and market conditions improved.

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