Chevron (NYSE:CVX) reported quarterly earnings of $3.05 per share which missed the analyst consensus estimate of $3.33 by 8.41 percent. This is a 45.14 percent decrease over earnings of $5.56 per share from the same period last year. The company reported quarterly sales of $54.08 billion which beat the analyst consensus estimate of $53.00 billion by 2.04 percent. This is a 18.85 percent decrease over sales of $66.64 billion the same period last year.