Chevron Corporation last Friday reported earnings of $415 million for the fourth quarter 2016, compared with a loss of $588 million in the 2015 fourth quarter. Foreign currency effects increased earnings in the 2016 quarter by $26 million, compared with an increase of $46 million a year earlier.

Full-year 2016 results were a loss of $497 million compared with earnings of $4.6 billion in 2015.

U.S. upstream operations earned $121 million in fourth quarter 2016 compared with a loss of $1.95 billion from a year earlier. International upstream operations earned $809 million in fourth quarter 2016 compared with $593 million a year earlier.

U.S. downstream operations were breakeven in fourth quarter 2016 compared with earnings of $496 million a year earlier. International downstream operations earned $357 million in the fourth quarter 2016 compared with $515 million a year earlier.

ExxonMobil is scheduled to report fourth quarter 2016 financial results on Tuesday January 31, Shell is scheduled for Thursday February 2, Phillips 66 on Friday February 3 and BP on Tuesday February 7.