(Reuters) – Chevron Corp (NYSE:) reported a 26.3% rise in quarterly profit on Friday, as higher production more than offset lower and prices and a rise in expenses.
The No. 2 U.S. oil and natural gas producer’s daily production of oil and gas rose 9.1% to 3.08 million barrels.
Net income attributable to the company rose to $4.31 billion, or $2.27 per share, in the second quarter ended June 30, from $3.41 billion, or $1.78 per share. [
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