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Chevron Shares Stung by Fourth-Quarter Revenue Miss

Chevron shares are trading sharply lower on Friday after the oil major posted fourth-quarter results that widely missed analysts' estimates.

Chevron (CVX) - Get Free Report earned $415 million in the quarter, or 22 cents a share, on sales of $30 billion. Wall Street analysts expected the company to report adjusted earnings of 64 cents a share on $36.9 billion in revenue.