Chevron Profits Nearly Triple to $9.9 Billion

Chevron reported a third-quarter profit of nearly $9.9 billion, up from $3.3 billion a year ago. Earnings per share rose to $5.06 from $1.82. Adjusted earnings reached $10.4 billion, or $5.28 per share, surpassing Wall Street's estimate of $4.89. The company's refineries contributed significantly despite processing only 3% more crude than in the previous year.