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

The company's earnings convincingly beat expectations but were below its record second-quarter performance.

Chevron Earnings Crush Estimates on Higher Oil and Gas Prices

Bank of America

Kraft Heinz

Coca-Cola

McDonald's

If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world.

5 of Warren Buffett's Top Dividend Stocks Crushed Q3 Earnings Expectations

Shares of Chevron Corp. CVX, +0.46% rallied 2.4% toward a record high in premarket trading Friday, after the oil and gas giant reported third-quarter profit, revenue and free cash flow beat expectations by wide margins, as total oil-equivalent production from U.S. upstream operations increased by nearly 50,000 barrels per day. Net income jumped to $11.23 billion, or $5.78 a share, from $6.11 billion, or $3.19 a share, in the year ago period.

Chevron stock jumps toward a record after big earnings beat, with net income topping $11 billion

Chevron Corp on Friday reported its second-highest ever quarterly profit, blasting past analysts' estimates, driven by soaring global demand for its oil and gas and rising production from its U.S. oilfields.

Chevron's $11.2 bln quarterly profit soars past estimates

Chevron Announces Third Quarter 2022 Results

The company's third-quarter earnings slipped only slightly from its record profit in the previous quarter.

Chevron Reports Huge Profits as Oil and Gas Prices Remain High

Chesapeake Energy

Coterra Energy

Southwestern Energy

Exxon Mobil

U.S. households that primarily use natural gas for heating will spend an average of $931 on heating during the October to March winter season, according to a recent report by the U.S. Energy Information Administration.  That's 28% more than they spent last year.

The War In Ukraine Could Bring Higher Winter Heating Bills In The US: How Investors Can Make Up The Difference - Chesapeake Energy (NASDAQ:CHK), Coterra Energy (NYSE:CTRA)

Shell PLC

High oil price and handsome midstream & downstream businesses are making the outlook for the Zacks Oil & Gas Integrated International industry bright. ExxonMobil (XOM), Chevron (CVX), Shell (SHEL), and BP are well-positioned to make the most of the highly favorable business environment.

4 Integrated Energy Stocks to Gain From the Promising Industry

Per Chevron (CVX), the amount of methane it produces from its operations is about 85% lower than the U.S. upstream production sector average.

Chevron (CVX) Claims Methane Emission Cut by 50% Since 2016

Chevron (CVX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Chevron (CVX)

Chevron Announces Quarterly Dividend

CVX, along with its partners, is likely to team up on a joint study to gauge and advance the development of a hydrogen and ammonia production facility along the U.S. Gulf Coast.

CVX, Partners Pursue Lower-Carbon Hydrogen & Ammonia Project

Exxon Mobil stock and Chevron shares jumped Wednesday. The energy giants report Q3 earnings this week with big profits and less spending expected.

Exxon Mobil Stock: Will Energy Giants Exxon, Chevron, Follow OPEC's Lead?

NextEra Energy

The three major U.S. equity indexes closed higher on Tuesday, following a more-or-less steady path higher after the bell.

Earnings Previews: Chevron, Exxon Mobil, NextEra Energy

ConocoPhillips

Marathon Petroleum

TotalEnergies SE

Valero Energy

On Monday, the U.S. the Department of Energy announced a notice of sale for as much as 15 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) that President Biden unveiled on October 18 to help address the market supply disruption caused by the Russian invasion of Ukraine and to attempt to lower energy costs.

Goldman Sachs Says Oil Could Roar Higher: 7 Dividend Stocks to Buy Now

CVS Health

Stock valuations matter. Just ask investors in Meta Platforms META, +4.51%.

This stock is likely to outperform Tesla, just like Chevron stock has beaten Meta Platforms

Apple

Disney

Home Depot

Procter & Gamble

Travelers

NIKE

As anyone who reads my columns regularly knows, I'm generally upbeat on stocks. That's because I believe that inflation has peaked, the Federal Reserve is poised to become much more dovish.

7 Dow Stocks to Sell Before They Tumble

The Zacks Consensus Estimate for Chevron's (CVX) third-quarter average sales price for crude and natural gas is up significantly from a year earlier.

Will Price Gains Buoy Chevron's (CVX) Q3 Upstream Earnings?

Chevron Publishes Methane Report

Washington has tried to fight surging fuel prices by releasing the strategic petroleum reserves back in March 2022. Now with the 1st round of release coming to an end while fuel prices still remaining at elevated levels, I will examine who to expect in round 2.

Exxon Mobil And Chevron: Washington, D.C. Vs. Market Round 2

Antero Resources

BlackBerry

Enphase Energy

Energy Transfer LP Unit

Lockheed Martin

Occidental Petroleum

Simon Property Group

Twitter

Wells Fargo

It's been a rough year for all investors — with the S&P 500 down more than 20%. But young Generation Z investors still found spots to make money.

Gen Z Investors Score 'Beginner's Luck' With 11 Winning Stocks

Cigna

Merck

SentinelOne

Unity Software

I'm generally the positive type. Still, as I look at the market, the math isn't on my side.

7 Stocks to Sell Before They Give Back This Year's Gain

Healthy commodity prices and higher refining margins are likely to have boosted Chevron's (CVX) profit levels in the third quarter.

Can Chevron (CVX) Deliver Another Strong Earnings Show in Q3?

Chevron has outperformed the Dow Jones Industrial Average by a wide margin YTD. Its 47.51 return YTD is a wide gap from the DJI's loss of 15.98% YTD.

Chevron: The Dow's Best Performing Stock Of The Year

Newmont Mining

Pfizer

Rio Tinto plc Sponsored

Current times are among the most challenging for creating a retirement portfolio or ensuring that retirees get positive returns (adjusted for inflation). Even with aggressive contractionary monetary policies, inflation has remained stubbornly high in the United States.

News for Chevron Stock (CVX)