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Chevron profit down 4.5 pct. on lower oil prices

Chevron Corp.'s net income fell 4.5 percent in the first quarter as oil prices fell and refinery output fell.

Chevron Corp.'s net income fell 4.5 percent in the first quarter as oil prices fell and refinery output fell.

Chevron Corp., based in San Ramon, Calif., reported that net income fell to $6.2 billion, or $3.18 per share, on revenue of $56.8 billion.

Exxon Mobil Corp., the world's most valuable company, says it's raising its dividend by 6 cents, or 11 percent, to 63 cents.

Exxon Mobil Corp., the world's most valuable company, says it's raising its dividend by 6 cents, or 11 percent, to 63 cents.

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