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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Cost of revenue

Gross profit

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Chevron (CVX) and GEPetrol ink two production-sharing contracts worth $2 billion to increase offshore oil and gas production and counteract the country's diminishing output.

Chevron (CVX) Inks $2B Offshore Deals in Equatorial Guinea

Enbridge

Enterprise Products Partners

Chevron prepares ahead of time for the oil sector's tough times. Enterprise Products Partners can pay bigger dividends, even in an oil price slump.

Oil Is Volatile; Here Are 3 Dividend Stocks That Protect You From That Volatility

Cool Co Ltd

Dynagas LNG Partners LP

Excelerate Energy Inc

Flex Lng Ltd

Golar LNG

New Fortress Energy

Nippon Yusen KK

Shell PLC

UP World LNG Shipping Index gained 1.17% last week, led by FLEX LNG and Golar LNG. UPI outperformed the S&P 500, indicating positive momentum for LNG shipping stocks. The summer season is approaching, potential rise in gas consumption in Asia, investors are advised to consider LNG sector opportunities.

LNG Shipping Stocks: Summer Season Is Near

Canadian Natural Resources

MPLX

Exxon Mobil

Value investing remains favorable, despite missing out on hot stocks like Nvidia and Dell Technologies due to inflated valuations in tech growth stocks. The stock market is forward-looking, with tech growth stocks already pricing in future earnings, potentially leading to lackluster gains in the future. Canadian Natural Resources offers stability with its oil sands reserves and strong free cash flow returns, while MPLX provides reliable cash flows and growth potential in the midstream energy sector.

2 Amazing Energy Dividends With Up To 8% Yield

McDonald's

Target

UPS' dividend is simply too good to pass up. Chevron and ExxonMobil haven't been this financially healthy in over a decade.

Want $2,000 in Passive Income? Invest $15,000 in These 5 Dividend Stocks and Wait 4 Years

Alibaba

Occidental Petroleum

Billionaire investors are among the most influential market drivers. That's especially rue in the case of those who have control over massive investment entities.

3 Stocks the Top Billionaires Are Betting Big on in 2024

Hess

A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed, stalling a decision on whether Exxon Mobil has a right of first refusal over Hess' Guyana operations.

Exxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled

Lockheed Martin

Pfizer

Long-term investing is possibly among the most boring things. After identifying a quality stock, it's a matter of holding with patience.

Skip Meme Mania: 3 Undervalued Blue-Chip Stocks for Steady Returns

Walmart

You can make your money work for you by investing in the right stocks. One of them is dividend stocks but you do not want to bet your money on companies that have irregular dividend payments or are less reliable.

3 Underrated Dividend Stock Machines to Turbocharge Your Income

Chevron (CVX) and Venezuela's company, PDVSA, seek a 15-year extension for Petropiar joint venture in Venezuela, aiming to boost oil production.

Chevron (CVX), PDVSA Seek 15-Year Extension for Oil Venture

Apple

UnitedHealth Group

The Dow Jones Industrial Average is lagging this year. Where both the Nasdaq Composite and S&P 500 are running ahead by double-digit percentages, the venerable old-line index is just a paltry 3% higher so far.

3 Dow Stocks to Buy Now: June 2024

AbbVie

Medtronic

Building a portfolio today can be both easy and difficult. It's easy because every bit of data you need to make your choices is available 24/7 with a few taps on the screen.

3 High-Dividend Stocks to Buy and Hold Forever: June 2024 Edition

SilverBow Resources

The shale industry is showing signs of maturity. Some acquisition trends appear to be burgeoning, such as acquisition premiums, more debt, and looser hedging requirements.

Acquisition Premiums Return To The Oil Patch

Targa Resources

Oil and natural gas production in the U.S. is booming. Growth is particularly strong in the Permian Basin that straddles Texas and New Mexico.

Wall Street Favorites: 3 Energy Stocks With Strong Buy Ratings for June 2024

Aberdeen Income Credit Strategies Fund

AGNC Investment

ARMOUR Residential REIT

Franklin Resources

Eagle Point Credit

EPR Properties

Yieldmax Meta Option Income Strategy Etf

Oxford Lane Capital

Ready Capital Corp

Sirius XM Holdings Inc

AT&T

Triplepoint Venture Growth BDC

TotalEnergies SE

Verizon

Prior to May 31, 2024, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated top net gain ReFa/Ro: T, VZ, PFE, BEN, EPR, CVX, FBY, TTE, ORC, and RC averaged 23.58% net gains from reader data collected 6/14/24. Ten analyst-target-augured May top price upside reader faves & rogues (ReFa/Ro) were: O, ORI, EPR, T, VZ, PFE, BEN, RC, CVX & TTE, boasting a 16.05% average target price upside estimate.

Readers Identify 29 Ideal May Dividend Buys

Chevron (CVX) partners with Sonatrach to develop hydrocarbon resources in Algeria's Ahnet and Berkine basins, emphasizing sustainability and operational efficiency.

Chevron (CVX), Sonatrach Ink MOU for Hydrocarbon Exploration

Chevron (CVX) closed the most recent trading day at $153.19, moving +0.41% from the previous trading session.

Chevron (CVX) Ascends But Remains Behind Market: Some Facts to Note

Venezuela's National Assembly on Monday began discussing a proposal to extend through 2047 a contract between state oil company PDVSA and U.S. company Chevron to operate a joint venture in the country's largest producing area.

Venezuela mulls proposal to extend PDVSA-Chevron oil joint venture through 2047

Equinor

Schlumberger

The best oil and gas stocks to buy are those that can adapt. Recently, U.S. crude oil storage increased in the first week of June as production and importation numbers increased amid decreased exports according to the U.S. Energy Information Administration.

The 3 Best Oil & Gas Stocks to Buy in June 2024

Chevron (CVX) starts repairs on Australia's Wheatstone platform, expecting completion in the coming weeks, to resume liquefied natural gas and domestic gas production.

Chevron (CVX) Begins Critical Repairs on Wheatstone Platform

3M isn't a great company, but the stock is a decent value opportunity.  The perception of McDonald's brand is paramount to its franchise business model.

Instead of Buying the Dip on Boeing, Consider These 3 Dow Dividend Stocks

Kenvue

Realty Income Corp

24/7 Insights Passive income is an easy way to supplement retirement and pension distributions.

5 Dividend Aristocrats Will Deliver Steady Passive Income During a Volatile Summer

Embracing seismic imaging innovations equips oil & gas firms to sustain competitiveness & mitigate operational uncertainties. ExxonMobil (XOM), Chevron (CVX) and BP are thus well poised to gain.

3 Energy Stocks to Gain From Seismic Imaging Technologies

Devon Energy

As we head into the summer driving season, crude oil prices have retreated from their April highs. As a result, the energy sector has been one of the worst-performing sectors over the past month.

News for Chevron Stock (CVX)