ChevronTexaco, Shell results soar in 1Q: Stock jumps at ChevronTexaco

摘要

Shares of ChevronTxaco jumped alost 4% May 2 as the laggard No. 2 US oil major surprised analysts with better-than-expected first quarter net of US1.9-bil or US1.81/share, after a string of dis-appointments. "CVX" rose US2.35 to US65.35/share, out-pacing the oil group and adding back US2.5-bil of market value to what had been a nearly US90 stock a year ago.