Revenue segments as reported by the company.

Sales and other operating revenues

Income from equity affiliates

Other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating expenses

Exploration expenses

Depreciation, depletion and amortization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Chevron

Texaco, Inc. ("The Texas Company") is an American oil subsidiary of Chevron Corporation. Its flagship product is its fuel "Texaco with Techron". It also owns the Havoline motor oil brand. Texaco was an independent company until its refining operations merged into Chevron Corporation in 2001, at which time most of its station franchises were divested to the Shell Oil Company.

Texaco

Tengizchevroil is a joint venture between Chevron (50% share in the consortium), ExxonMobil (25% share), KazMunayGas (20% share) and LukArco (5% share). The joint venture was formed in April 1993, when the Kazakhstan government granted an exclusive 40-year right to Tengizchevroil LLP (TCO) to develop the Tengiz and Korolevskoye oil fields located in the north-eastern reaches of the Caspian Sea in Kazakhstan.

Tengizchevroil

Wheatstone LNG is a liquefied natural gas plant under construction in the Ashburton North Strategic Industrial Area, which is located 12 kilometres (7.5 mi) west of Onslow, Western Australia. The project is being developed and will be operated by Chevron Australia Pty. Ltd.

Wheatstone LNG

Chevron Corp. engages in the provision of administrative, financial management, and technology support for energy and chemical operations. It operates through the Upstream and Downstream segments. The Upstream segment consists of the exploration, development, and production of crude oil and natural gas, the liquefaction, transportation, and regasification associated with liquefied natural gas, the transporting of crude oil by major international oil export pipelines, the processing, transporting, storage, and marketing of natural gas, and a gas-to-liquids plant. The Downstream segment consists of the refining of crude oil into petroleum products, the marketing of crude oil and refined products, the transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car, and the manufacturing and marketing of commodity petrochemicals and plastics for industrial uses and fuel & lubricant additives. The company was founded in 1906 and is headquartered in San Ramon, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Chevron excels in 2022 with record earnings and growth strategies

Chevron's strong financial performance in 2022, focus on capital efficiency, and commitment to lower carbon initiatives position it well for continued growth. While challenges like demand fluctuations and economic risks persist, the company's strategic priorities and disciplined approach to M&A offer avenues for future success.

Chevron reports robust Q1 earnings, navigates challenges, eyes growth

Chevron's Q1 performance reflects resilience amid lower oil prices, with strong earnings and shareholder returns.
The company faces challenges from changing demand patterns and regulatory uncertainties but maintains a disciplined approach.
Opportunities lie in growing jet demand, Permian production, and strategic acquisitions while managing costs effectively.
Chevron's strengths include a robust balance sheet, high-margin assets, and a focus on long-term value creation.
Overall, Chevron's consistent management through cycles positions it well for sustainable growth and shareholder value.

Chevron reports record earnings, eyes renewable energy growth opportunities

Chevron's Q2 earnings call highlighted strong financial performance, operational achievements, and strategic initiatives towards lower carbon emissions. The company's focus on high-return projects, shareholder value, and renewable energy expansion positions it well for future growth. Despite challenges in refining margins and certain operational areas, Chevron remains optimistic about its portfolio and commitment to driving value for shareholders.

Chevron reports lower Q3 earnings, eyes Hess acquisition benefits

Chevron's Q3 performance was impacted by lower earnings but maintained strong shareholder returns and operational progress.
The Hess acquisition and green energy investments signal a strategic shift towards new energies and carbon reduction efforts.
Challenges include lower earnings, production forecasts, and balancing shareholder returns with growth opportunities.
Opportunities lie in long-term growth plans, operational synergies, and strategic integration post-Hess acquisition.

Chevron reports robust 2023 results, eyes Permian growth opportunities

Chevron's 2023 performance showcased strong financial results, operational achievements, and strategic acquisitions. The company's focus on shareholder returns, capital discipline, and growth in key basins positions it well for the future. Challenges in production growth, market dynamics, and operational optimizations are being actively addressed.
Opportunities lie in expanding Permian production, enhancing operational efficiencies, and adapting to market conditions. Chevron's commitment to sustainable practices, value creation, and maximizing shareholder value underpins its strategic direction. The company's balanced approach to growth and returns reflects a resilient and forward-looking energy player.

Chevron reports robust Q1 earnings, navigates challenges for future growth

Chevron's Q1 2024 showcased strong financial performance, operational growth, and strategic investments in renewable energy sectors.
The company faces challenges in managing debt, operational constraints, and political risks while capitalizing on exploration opportunities.
With a focus on reliability, innovation, and responsible development, Chevron aims to maintain production levels and drive future growth.
Progress from acquisitions, divestments, and operational improvements position Chevron for incremental free cash flow and sustainable performance.

Chevron reports robust Q2 earnings, eyes sustainable growth opportunities

Chevron's strong Q2 performance, focus on production growth, and strategic financial priorities position the company for continued success.
While facing challenges in project execution and leadership transitions, Chevron's emphasis on operational efficiency and shareholder value creation remains steadfast.
The company's opportunities lie in sustainable production growth, exploration endeavors, and strategic investments to drive future profitability and competitiveness.

Chevron reports strong Q3 earnings and targets cost-saving initiatives

Chevron's Q3 performance reflects robust earnings, production growth, and strategic cost-saving initiatives. While facing operational challenges in Q4, the company remains focused on optimizing its portfolio and driving efficiency for long-term growth.

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Minority interest

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Book value per share

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Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Oil is traded higher on Friday because of geopolitical tensions, which have also caused some oil stocks to move up.

Stock Of The Day: Oil Climbs — And Chevron Follows Suit

Exxon Mobil

Oil-and-gas giants Exxon Mobil (XOM) and Chevron (CVX) surpassed subdued third-quarter earnings expectations Friday. But substantially weaker profit margins for refined products, reflecting lower summer fuel prices, dropped overall net income for both companies from a year ago.

Exxon and Chevron Report Sluggish Profits

Chevron Corporation (NYSE:CVX ) Q3 2024 Results Conference Call November 1, 2024 11:00 AM ET Company Participants Jake Spiering - General Manager, Investor Relations Mike Wirth - Chairman of the Board and Chief Executive Officer Eimear Bonner - Vice President and Chief Financial Officer Conference Call Participants Jean Ann Salisbury - Bank of America Neil Mehta - Goldman Sachs Doug Leggate - Wolfe Research Biraj Borkhataria - RBC Josh Silverstein - UBS Devin McDermott - Morgan Stanley Lloyd Byrne - Jefferies Betty Jiang - Barclays Paul Cheng - Scotiabank Bob Brackett - Bernstein Research Lucas Herrmann - BNP Paribas John Royall - JPMorgan Roger Read - Wells Fargo Nitin Kumar - Mizuho Ryan Todd - Piper Sandler Alastair Syme - Citi Operator Good morning. My name is Justin, and I will be your conference facilitator today.

Chevron Corporation (CVX) Q3 2024 Earnings Call Transcript

CVX paid $2.9 billion in dividends during the third quarter and spent around $4.1 billion in capital and exploratory expenditures.

Chevron Q3 Earnings Beat on Record Permian Basin Production

The long-awaited Employment Situation report from the U.S. Bureau of Labor Statistics (BLS) is out this morning. At first glance, it looks paltry: 12K new jobs were filled in October, with downward revisions to the previous two months.

Wall Street Awaits ISM Manufacturing Index Data

Chevron Corporation (NYSE:CVX, ETR:CHV) shares moved higher after the oil giant beat third quarter profit and revenue estimates, driven by record US and Permian Basin production.  Adjusted profit was $4.5 billion or $2.51 per share, down from $5.7 billion or $3.05 per share in the year-ago quarter.

Chevron Q3 profit and revenue exceed estimates driven by record US production

Earnings season continues to move rapidly, with a notably rich reporting docket this week. A few big-tech names and representatives from many sectors have delivered their quarterly prints, with next week just as exciting.

ExxonMobil vs. Chevron: What's the Better Buy?

Chevron Corp (NYSE:CVX) and Exxon Mobil Corp  (NYSE:XOM) just had their turn in the earnings confessional.

2 Oil Giants Buzzing After Earnings

U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record high oil production cushioned the blow from a plunge in fuel margins.

Exxon, Chevron top Q3 profit expectations on record high oil output

Challenger Energy joins forces with CVX in Uruguay's AREA OFF-1 Block, opening doors for offshore exploration and securing major funding for seismic surveys.

Chevron to Overtake Uruguay's Offshore Block as New Operator

Chevron (CVX) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2.47 per share. This compares to earnings of $3.05 per share a year ago.

Chevron (CVX) Tops Q3 Earnings and Revenue Estimates

U.S. supermajors Chevron and Exxon Mobil reported third-quarter earnings and revenue before the market opened on Friday. The post Exxon Mobil, Chevron Deliver Earnings Beat.

Exxon Mobil, Chevron Deliver Earnings Beat. But Only One Hiked Its Dividend.

Chevron's stock rallies after earnings and production beat expectations, and a record amount of cash was returned to shareholders.

Chevron's stock climbs after a triple beat of profit, revenue and production

British American Tobacco

Enbridge

Enterprise Products Partners

Altria

First Financial

T. Rowe Price Group

Election anxiety is reaching a fever pitch, and with stocks up 43% in the last year, many worry that a stock market bubble is about to burst. While the S&P is historically overvalued, individual stocks, including world-class dividend aristocrats, are not. Here are seven of the best ultra-yield aristocrats. They offer an average yield of over 6%, are 19% historically undervalued, and have 30% lower volatility than the S&P.

'Elect' The Best: Top 7 Dividend Aristocrats For A 6% Yielding November

The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed.

Exxon and Chevron Feel Brunt of Cheaper Oil

Chevron beat third-quarter earnings and revenue expectations. The oil major's quarterly profit, however, declined substantially compared to the year-ago period.

Chevron beats earnings expectations, returns more than $7 billion to shareholders

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) reported earnings of $4.5 billion ($2.48 per share - diluted) for third quarter 2024, compared with $6.5 billion ($3.48 per share - diluted) in third quarter 2023. Foreign currency effects decreased earnings by $44 million. Adjusted earnings of $4.5 billion ($2.51 per share - diluted) in third quarter 2024 compared to adjusted earnings of $5.7 billion ($3.05 per share - diluted) in third quarter 2023. See Attachment 4 for a rec.

Chevron Reports Third Quarter 2024 Results

Chevron Corp beat estimates for third-quarter profit on Friday, helped by higher output.

Chevron beats quarterly profit expectations

Challenger Energy Group PLC (AIM:CEG, OTC:BSHPF) has announced the resignation of its CFO Gagan Khurana effective immediately, for personal reasons. Jonathan Gilmore, Challenger's group finance manager and company secretary, will take up Khurana's responsibilities.

Challenger Energy Group reports CFO change and equity issue after Chevron deal closed

Analysts expect Chevron to report $2.43 of earnings per share in the quarter, down from $3.05 a year ago because of a drop in oil and natural gas prices.

Chevron Could Rebound After a Middling Year

U.S. supermajors Chevron and Exxon Mobil report third-quarter earnings and revenue before the market opens on Friday. The post Exxon Mobil Stock Outruns Chevron, But Both Face Weak Q3 Views appeared first on Investor's Business Daily.

Exxon Mobil Stock Outruns Chevron, But Both Face Weak Q3 Views

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Brokers Suggest Investing in Chevron (CVX): Read This Before Placing a Bet

Citigroup

Kraft Heinz

Coca-Cola

Kroger

24/7 Wall St. Insights The stock market is up a stunning 34% year over year.

5 High-Yield Warren Buffett Dividend Stocks Are Top Wall Street November Picks

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

Shell PLC

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Europe's biggest oil company benefited from a strong performance in its natural gas business, which offset the hit from lower crude prices.

Shell Shrugs Off Lower Crude Prices With Earnings Beat. Watch Exxon, Chevron Next.

Hess

Five years ago, Chevron CEO Michael Wirth won Wall Street acclaim as the No. 2 U.S. oil company briefly achieved a market value larger than Exxon Mobil's after he refused to get into a bidding war with Occidental Petroleum over a rival.

News for Chevron Stock (CVX)