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.

Revenue

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's low-cost business model positions it to thrive at lower oil prices. It can produce an even bigger cash-flow gusher at higher prices.

Why I Just Bought More of This Top Oil Stock

Exxon Mobil

Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Earnings Expectations Are Moving Higher

ConocoPhillips

The global energy industry presents incredibly wide opportunities. Companies in this sector often work in producing and distributing various types of energy, including fossil fuels and renewable energy.

3 Energy Stocks to Buy Now: Q2 Edition

Investors interested in stocks from the Oil and Gas - Integrated - International sector have probably already heard of Chevron (CVX) and Exxon Mobil (XOM). But which of these two stocks is more attractive to value investors?

CVX vs. XOM: Which Stock Is the Better Value Option?

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?

Wall Street Analysts See Chevron (CVX) as a Buy: Should You Invest?

Petroleo Brasileiro

Shell PLC

SHEL, BP, XOM, PBR and CVX emerge as the energy headline makers during the week.

Shell & BP's Q1 Updates Lead Oil & Gas Stock Roundup

Johnson & Johnson

Visa

While eagerly awaiting a Fed rate cut, we were surprised with a hotter-than-expected inflation report. This means the rate cuts could be delayed, and we might have to wait a few more months before an improvement in consumer spending.

Put $10,000 in These 3 Dividend Stocks by 2025

Chevron's (CVX) venture arm, Chevron Technology Ventures, launches its Future Energy Fund III, to invest $500 million in renewable energy technologies.

Chevron (CVX) Creates $500M Fund to Invest in Clean Energy

Anglogold Ashanti Plc

Boise Cascade

The consumer price index accelerated at a faster pace than expected in March. This has dashed hopes of a rate cut anytime soon.

Sell These 3 Rate-Sensitive Stocks Before the Fed Strikes Again

Abbott Labs

Caterpillar

Equity LifeStyle Properties

Home Depot

Intercontinental Exchange

Mastercard

Northrop Grumman

Realty Income Corp

PepsiCo

Procter & Gamble

Texas Instruments

Union Pacific

Waste Management

Watsco

Dividends have contributed significantly to the total return of the S&P 500 since 1960, making dividend investing important. The favorable conditions for growth stocks in the past decade may be coming to an end, making value/dividend stocks more attractive. Dividend growth stocks have historically outperformed and come with lower risks due to strong financials and management discipline.

Low Risk, High Return? The Power Of The 15-Stock Dividend Growth Portfolio

Chevron's venture capital arm launched on Tuesday its third fund to invest in renewable energy technologies with a $500 million commitment, as oil majors look to diversify their business in the face of pressure to reduce their emissions.

Chevron arm launches $500 million fund to invest in low carbon technologies

Merck

Let's be real – the narrative for Dow stocks to buy now tends to be one of relative safety. What are the chances that the 30 companies of the Dow Jones Industrial Average will be the most exciting ideas of any given year?

3 Dow Stocks to Buy Now: Q2 Edition

The shares of oil and gas stock Chevron Corp (NYSE:CVX) are pulling back from their recent five-month peak, now on track for a fourth-straight daily loss.

Chevron Stock Could Soon Bounce Back

Devon Energy

Diamondback Energy

Halliburton

Schlumberger

Energy stocks are again in fashion with investors. During the month of March, the energy sector was the strongest performer among the 11 stock market sectors.

Don't Miss Out: 7 Hot Energy Stocks You Need to Own Now

VAALCO Energy

Kinder Morgan

Marathon Petroleum

Occidental Petroleum

Transocean

Crude oil prices show little sign of slowing their ascent (and probably won't), meaning it's a great time to consider energy stocks. Yeah, it may not align with contemporary politics and ideologies of pushing green solutions.

7 Energy Stocks Poised to Profit as Crude Oil Prices Soar

Kraft Heinz

Coca-Cola

It's no secret Warren Buffett loves companies that pay dividends. While he refuses to allow Berkshire Hathaway (NYSE: BRK-A )(NYSE: BRK-B ) to pay any to shareholders, he enjoys collecting those checks from the businesses he owns.

Warren Buffett Collects $2.1 Billion in Dividends Every Year From These 3 Stocks

Atlas Energy Solutions Inc

U.S. elected officials have, time and time again, proven their savviness when it comes to making the right trade at the right time.

Congressman sells entire stock portfolio: Sign of integrity or coming WW3?

Warren Buffett has overseen a nearly 5,000,000% aggregate return in Berkshire Hathaway's Class A shares (BRK.A) since he became CEO. Though he and his team have been net-sellers of equities for five straight quarters, a couple of stocks have caught Buffett's attention in the energy sector.

Warren Buffett Could Have Bought Any of 378 S&P 500 Companies With $74 Billion. Instead, He Piled It All Into 1 Beloved Stock

Bristol-Myers

British American Tobacco

Verizon

Sponsored: Find a Qualified Financial Advisor Finding a qualified financial advisor doesn't have to be hard.

6 Ultimate Dividend Stocks for Long-Term Passive Income Growth

NVIDIA

Starbucks

Nvidia's lead in AI infrastructure makes it a tempting target for growth-oriented investors. Caffeinated goodness from Starbucks just might still be able to keep investors hooked for the future.

3 Stocks Billionaires Are Buying

Chevron is headed for a strong earnings report later this month due to higher petroleum prices and extended supply cuts by OPEC+ countries. The company is likely to see a significant boost in cash flow and has a history of returning cash to shareholders through stock buybacks and dividends. Chevron trades at a very reasonable 11.2X P/E ratio and could potentially trade at a higher ratio if petroleum prices remain high and the dividend is increased.

Chevron: A Strong Q1 Report Is Ahead

Intel

Walmart

Dow stocks have fallen through the early days of April as economic speculation continues regarding interest rate cuts. Moreover, inflation remains stubbornly high, changing the likelihood and outlook for rate cuts.

3 Must-Buy Dow Stocks for an April Market Rally

Chevron (CVX) withdraws from Myanmar's Yadana natural gas field, redistributing its stake to PTTEP and MOGE amid human rights concerns.

Chevron (CVX) Exits Yadana Natural Gas Field in Myanmar

Over $29 billion of Berkshire Hathaway's portfolio is in the stocks of two similar companies. These two companies are investing heavily in a technology that could eventually be a $4 trillion industry.

News for Chevron Stock (CVX)