Chevron Corporation reported earnings of $5.1 billion ($2.58 per share – diluted) for the fourth quarter 2011, compared with $5.3 billion ($2.64 per share – diluted) in the 2010 fourth quarter.

Full-year 2011 earnings were $26.9 billion ($13.44 per share – diluted), up 41 percent from $19.0 billion ($9.48 per share – diluted) earned in 2010.

Sales and other operating revenues in the fourth quarter 2011 were $58 billion, up from $52 billion in the year-ago period, mainly due to higher prices for crude oil and refined products.

Earnings Summary ...