“NEW YORK (MarketWatch) – Chevron Corp.CVX -1.12% said fourth-quarter net profit rose to $7.25 billion, or $3.70 per diluted share, from $5.12 billion, or $2.58 per share a year earlier. The San Ramon, Calif.-based energy company said revenue fell to $56.3 billion from $58 billion. Analysts polled by FactSet had expected earnings of $3.06 a share. “Strong cash flows allowed us to invest aggressively in our major capital projects and to acquire several important, new resource opportunities,” said John Watson, chief executive officer.”
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