| Chevron Corp.'s (CVX) second-quarter profit more than tripled from last year, as the company benefited from higher crude oil and natural gas prices. Adjusted earnings easily surpassed Wall Street consensus estimate. Second-quarter net income attributable to the company surged to $5.409 billion or $2.70 per share from $1.745 billion or $0.87 per share reported last year, and were higher than the prior quarter's $4.55 billion or $2.27 per share profit attributable to the company. On average, 17 analysts polled by Thomson Reuters expected the company to earn $2.44 per share in the quarter.
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