Chevron reported fourth-quarter earnings and revenue that beat analysts' expectations on Friday.
Shares of the oil giant moved higher in premarket trading following the announcement. (Get the latest quote here.)
The second-largest American oil company posted fourth-quarter earnings of $1.85 per share. Revenue came in at $46.09 billion.
Wall Street had expected Chevron to report earnings of $1.63 per share on $30.65 billion in revenue, according to a consensus estimate from Thomson Reuters.