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Chevron’s Profit Nearly Tripled From a Year Ago. Is CVX Stock a Buy After Its Blowout Earnings Report?

Chevron (NYSE: CVX) delivered a blowout third-quarter earnings report.

The oil giant's profit nearly tripled from the year-ago period, while free cash flow more than doubled.

Those impressive results highlight Chevron's ability to generate enormous amounts of cash when energy markets are favorable.

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