Chevron expects second-quarter profit to rise

July 10 Thu Jul 10, 2014 5:11pm EDT

July 10 (Reuters) - Chevron Corp, the second-largest oil company in the United States, said on Thursday it expects its second-quarter profit to rise, helped in part by asset sales and fewer one-time charges.

The company said its quarterly profit should "be higher" in the second quarter compared to the first quarter, when it posted net income of $4.51 billion, or $2.36 per share.

Analysts expect, on average, Chevron to post second-quarter earnings of $2.76 per share, according to Thomson Reuters I/B/E/S. (Reporting by Ernest Scheyder; Editing by Chris Reese)

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