August 1, 2014 / 12:40 PM / 3 years ago

Chevron quarterly profit rises 6 percent

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Aug 1 (Reuters) - Chevron Corp, the second-largest U.S. oil company, said on Friday its quarterly profit rose 6 percent as high energy prices offset a production dip.

The company posted net income of $5.67 billion, or $2.98 per share, compared with $5.37 billion, or $2.77 per share, in the year-ago period.

Production fell 1.4 percent to 2.5 million barrels of oil equivalent per day (boe/d). (Reporting by Ernest Scheyder, Editing by Franklin Paul)

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