CHEVRON CORP (CVX)
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations. It operates through Upstream and Downstream segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; carbon capture and storage; and operation of a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels; transports crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufactures and markets commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. The company operates in North America, South America, Europe, Africa, Asia, and Australia. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is headquartered in Houston, Texas.
Open CHEVRON CORP in the interactive graph- Ticker
- CVX
- SEC CIK
- 0000093410
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Periods
- FY2025 Q1, FY2026, FY2026 Q1, FY2026 Q2, FY2026 Q3, FY2027
- Headquarters
- Houston, TX
- Employees
- 43,039
Key figures
- Revenue 47.56B USD
- NetIncome 2.79B USD
- DilutedEPS 1.41 USD/share
Reported figures
- BasicEPS 1.12 USD/share
- BasicEPS 2.01 USD/share
- BasicSharesOutstanding 1,744,628,000.00 shares
- BasicSharesOutstanding 1,980,146,000.00 shares
- CapitalExpenditure 3.90B USD
- CapitalExpenditure 4.06B USD
- CapitalExpenditure 4.10B USD
- CashAndEquivalents 5.32B USD
- DilutedEPS 1.11 USD/share
- DilutedEPS 1.41 USD/share
- DilutedEPS 2.00 USD/share
- DilutedEPS 2.18 USD/share
- DividendPerShare 1.78 USD/share
- FreeCashFlow -1.50B USD
- FreeCashFlow -1.55B USD
- FreeCashFlow 1.30B USD
- FreeCashFlow 4.10B USD
- FreeCashFlow 4.20B USD
- GrossProfit 4.55B USD
- InterestExpense 212.00M USD
- InterestExpense 345.00M USD
- NetIncome -1.01B USD
- NetIncome -817.00M USD
- NetIncome 1.80B USD
- NetIncome 1.86B USD
- NetIncome 1.90B USD
- NetIncome 103.00M USD
- NetIncome 196.00M USD
- NetIncome 2.11B USD
- NetIncome 2.21B USD
- NetIncome 2.79B USD
- NetIncome 222.00M USD
- NetIncome 3.50B USD
- NetIncome 3.76B USD
- NetIncome 3.81B USD
- NetIncome 3.91B USD
- NetIncome 325.00M USD
- OperatingCashFlow 2.50B USD
- OperatingCashFlow 5.20B USD
- OperatingCashFlow 7.10B USD
- and 41 more in the interactive graph
Drivers
- Absence of prior-year favorable fair value adjustment on Hess shares and higher interest e
- Acquisition of Hess Corporation and growth in the Gulf of America and the Permian Basin
- Adjusted free cash flow benefited from a $1 billion loan repayment from TCO
- Curtailments in the Middle East (Israel and the Partitioned Zone between Saudi Arabia and
- Downtime at the company's 50 percent owned affiliate Tengizchevroil (TCO)
- Higher margins on refined product sales partly offset by a higher litigation reserve
- Higher refining margins
- Higher working capital outflows largely resulting from the sharp increase in commodity pri
- Increased sales volumes partly offset by higher depreciation, depletion and amortization,
- Lower margins on refined product sales, including unfavorable timing effects and higher op
- Net oil-equivalent production up 117,000 barrels per day from the year-ago period primaril
- Net oil-equivalent production up 388,000 barrels per day from the year-ago period primaril
- Refined product sales increased 7 percent from the year-ago period due to higher demand fo
- Refinery crude unit inputs increased 4 percent from the year-ago period primarily due to t
- U.S. production increased by 24 percent
- U.S. refinery crude unit throughput remains over 1 million barrels per day for the fifth c
- Unfavorable timing effects of approximately $2.9 billion, including timing mismatches in e
- Unfavorable timing effects, higher depreciation, depletion and amortization, and unfavorab
- Upstream production growth
- Worldwide production increased by 15 percent
Risks
- Developments in the Middle East with a focus on the safety of workforce and the integrity
- Heightened geopolitical volatility and related supply disruptions
- Unpredictable external environment reinforces the importance of disciplined investment to
Corporate events
- Production in the first quarter of 2026 was higher than first quarter last year largely du
- The company returned $6.0 billion of cash to shareholders during the quarter, including sh
- The company's Board of Directors declared a quarterly dividend of one dollar and seventy-e
Quotes
- “Despite heightened geopolitical volatility and related supply disruptions, Chevr…”
- “Our U.S. refineries operated at record crude throughput in March, capital spendi…”
- “Strong operating results in the United States, particularly following the integr…”
- “The unpredictable external environment reinforces the importance of disciplined …”
- “This disciplined performance supports dependable cash generation, enabling us to…”
- “We continue to closely monitor developments in the Middle East with a focus on t…”