CNBC | Chevron signals more asset sales, higher US drilling after missing profit forecasts badly CNBC Analysts had expected Chevron to earn 64 cents on revenue of $33.3 billion, according to a consensus estimate from Thomson Reuters. "Our 2016 earnings reflect the low oil and gas prices we saw during the year," Chairman and CEO John Watson said in a ... Chevron suffer losses of $2billion in 2016 amid oil downturn |