SAN RAMON, Calif. (AP) _ Chevron Corp. (CVX) on Friday reported a loss of $665 million in its fourth quarter.

On a per-share basis, the San Ramon, California-based company said it had a loss of 33 cents. Losses, adjusted for non-recurring costs, were 1 cent per share.

The results did not meet Wall Street expectations, but Chevron does not adjust its reported results based on one-time events such as asset sales. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The oil company posted revenue of $25.25 billion in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $27.29 billion.

For the year, the company reported a loss of $5.54 billion, or $2.96 per share, swinging to a loss in the period. Revenue was reported as $94.69 billion.

Chevron shares have increased slightly more than 5% since the beginning of the year, while the Standard & Poor's 500 index has climbed nearly 1%. The stock has decreased 20% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVX at https://www.zacks.com/ap/CVX

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