* Q2 EPS 2.70 vs Wall St view of $2.44

* Q2 output 2.75 mln boepd, vs 2010 target 2.73 mln

NEW YORK (Reuters) - Chevron Corp, the
second-largest U.S. oil company, reported a three-fold jump in
quarterly profit on rising oil output, higher energy prices and
buoyant margins at its refineries, topping Wall Street
forecasts.

The results follow the strong earnings reports from the
world's largest oil companies, including Exxon Mobil Corp
and Royal Dutch Shell Plc on Thursday.

Chevron's second-quarter net income jumped to $5.4.
billion, or $2.70 per share, from $1.75 billion, or 87 cents
per share, a year before. Revenue rose to $53 billion.

Analysts had been expecting a profit of 2.44 per share,
according to the average on Thomson Reuters I/B/E/S.

(Reporting by Matt Daily and Braden Reddall in San
Francisco, editing by Dave Zimmerman)