RPT-BUZZ-PREVIEW: Chevron earnings expected to drop as Trump aims to boost U.S. production

Repeats Thursday's BUZZ with no changes to text

** Shares of Chevron Corp CVX.N up 0.5% at $156.45 on Thurs ahead of quarterly earnings report due on Fri with investors eyeing how the oil giant will take advantage of President Donald Trump's plan to boost U.S. production

** Trump has declared a national energy emergency, rolling back environmental restrictions on energy infrastructure as part of his plans to maximize domestic oil and gas production

** Analysts expect CVX's rev to drop 0.91% to $46.75 bln as well as a ~39% plunge in EPS to $2.11

** Among the 25 analysts that cover CVX, median PT is $176.70 and avg rating of "buy", per LSEG data

** CVX's rev has met expectations 6 times over the last 8 quarters, while EPS has met estimates 5 times in the same period

** CVX is up ~7.6% YTD versus a ~5% gain in the Dow Industrials .DJI