SAN RAMON, Calif. (AP) _ Chevron Corp. (CVX) on Friday reported second-quarter profit of $11.62 billion.

On a per-share basis, the San Ramon, California-based company said it had net income of $5.95. Earnings, adjusted for non-recurring gains, came to $5.82 per share.

The results exceeded Wall Street expectations, but Chevron does not adjust its reported results based on one-time events such as asset sales. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $5.02 per share.

The oil company posted revenue of $68.76 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $55.83 billion.

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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