SAN RAMON, Calif. (AP) _ Chevron Corp. (CVX) on Friday reported fourth-quarter net income of $6.35 billion.

On a per-share basis, the San Ramon, California-based company said it had profit of $3.33. Earnings, adjusted for non-recurring costs, were $4.09 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 $4.16 per share.

The oil company posted revenue of $56.47 billion in the period, which topped Street forecasts. Six analysts surveyed by Zacks expected $52.27 billion.

For the year, the company reported profit of $35.47 billion, or $18.28 per share. Revenue was reported as $246.25 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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