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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Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

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Stockholders equity

Minority interest

Total liabilities & equity

Total debt

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Book value per share

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Change in working capital

Cash from investing

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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

Berkshire Hathaway has bet big on oil and gas by investing around $40 billion into Occidental and Chevron together.

Berkshire Hathaway boosts bet on oil ahead of shareholder meeting, makes Chevron 4th-largest investment

Berkshire Hathaway added to its Chevron bet significantly during the first quarter, making the energy stock the conglomerate's the fourth biggest equity holding.

Warren Buffett significantly increases Chevron bet, now in Berkshire's top 4 positions

Despite a double beat in the company's first quarter earnings, CVX stock fell over 3% on concerns over inflation and rising interest rates. However, when the dust settles Chevron still looks like a buy

Why is Chevron Stock Falling After Strong Earnings?

Chevron Corp (NYSE:CVX ) Q1 2022 Earnings Conference Call April 29, 2022 11:00 AM ET Company Participants Roderick Green - General Manager, IR Michael Wirth - Chairman & CEO Pierre Breber - VP & CFO Conference Call Participants Philip Gresh - JPMorgan Chase & Co. Devin McDermott - Morgan Stanley Neil Mehta - Goldman Sachs Group Jeanine Wai - Barclays Bank Paul Cheng - Scotiabank Doug Leggate - Bank of America Merrill Lynch Manav Gupta - Crédit Suisse Ryan Todd - Piper Sandler & Co. Biraj Borkhataria - RBC Capital Markets Jason Gabelman - Cowen and Company Roger Read - Wells Fargo Securities Operator Good morning. My name is Katie, and I will be your conference facilitator today.

Chevron Corp (CVX) CEO Michael Wirth on Q1 2022 Results - Earnings Call Transcript

Exxon Mobil

Mixed quarterly results dragged shares of Exxon Mobil Corp. and Chevron Corp. lower on Friday, although Wall Street kept Chevron stock among its top energy picks and predicted more upside for Exxon shares in the weeks to come.

For Exxon, Chevron, revenue stumble could be buying opportunity

The two largest U.S. oil companies on Friday posted big revenues in the first quarter, but both Exxon Mobil Corp and Chevron Corp found themselves tripped up by market fluctuations, though those stand to dissipate in coming months.

Exxon, Chevron hit by Q1 market swings, but still post big revenues

Chevron (CVX) recorded $8.1 billion in cash flow from operations, compared to $4.2 billion a year ago.

Chevron (CVX) Misses on Q1 Earnings Despite Strong Prices

Chevron Corporation (NYSE:CVX) is down 0.9% to trade at $160.40 at last check, brushing off a first-quarter earnings and revenue win.

Chevron Stock Brushes Off Quarterly Earnings, Revenue Win

ExxonMobil and Chevron saw sales surge during their respective first quarters of 2022 as oil and gas prices soared amid record high inflation and the ongoing conflict between Russia and Ukraine.

Exxon, Chevron earnings surge on high oil, gas prices

Chevron (CVX) delivered earnings and revenue surprises of -2.33% and 15.66%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Chevron (CVX) Q1 Earnings Miss Estimates

Oil companies are doing great today thanks to sharply higher oil prices. That trend still has some legs, but it won't last forever.

1 Green Flag and 1 Red Flag for Rallying Oil Stocks

The broader stock market looks poised to decline.

Here's What Exxon and Chevron Are Saying About Energy Right Now

The U.S. oil company's worldwide production in the first quarter was just above 3 million barrels a day.

Chevron Earnings Just Miss Expectations, Despite Surging Oil Prices

Chevron's first-quarter results were helped by higher oil and gas prices.

Chevron's profit quadruples in the first quarter as higher oil and gas prices boost operations

The U.S. oil company lifted production and sales but EPS came in just shy of analysts' estimates.

Chevron Says Earnings Just Below Expectations Despite Surging Oil Prices

Chevron Corp's first-quarter profit nearly quadrupled from the same period a year ago, easily surpassing Wall Street's forecasts as oil and gas prices surged following Russia's invasion of Ukraine.

Chevron profit nearly quadruples as oil prices surge

Shares of Chevron Corp. CVX, +3.55% slipped 0.2% in premarket trading Friday, after the oil and gas giant reported first-quarter profit rose nearly four-fold but missed expectations, while revenue rose well above forecasts as oil and gas prices soared. Net income rose to $6.26 billion, or $3.22 a share, from $1.38 billion, or 72 cents a share, in the year-ago period.

Chevron stock slips as profit soars but misses expectations, while revenue records a big beat

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today reported earnings of $6.3 billion ($3.22 per share - diluted) for first quarter 2022, compared with $1.4 billion ($0.72 per share - diluted) in first quarter 2021. Included in the current quarter were pension settlement costs of $66 million. Foreign currency effects decreased earnings by $218 million. Adjusted earnings of $6.5 billion ($3.36 per share - diluted) in first quarter 2022 compares to adjusted earnings of $1.7

Chevron Announces First Quarter 2022 Results

Devon Energy

Matador Resources

Southwestern Energy

Natural gas stocks could thrive from the commodity's price elasticity. A few stocks aren't fairly priced by the market and could experience significant upside.

4 Natural Gas Stocks to Buy as Prices Hit 2008 High

Phillips 66

Weyerhaeuser

Between the time markets closed on Tuesday and before they opened again on Wednesday, more than 600 U.S.

Earnings Previews: Chevron, Exxon Mobil, Phillips 66, Weyerhauser

Daqo New Energy

EOG Resources

Invest in stocks like DAQO New Energy (DQ), EOG Resources (EOG) and Chevron (CVX) at the moment for incredible earnings growth.

3 Best Stocks to Invest In for Superb Earnings Growth

A jump in commodity prices is likely to have boosted Chevron's (CVX) upstream segment earnings during the January-March period.

Expect a Strong Q1 Show From Chevron's (CVX) Upstream Unit

Chevron (CVX) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Bears are Losing Control Over Chevron (CVX), Here's Why It's a 'Buy' Now

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

Will Chevron's (CVX) Q1 Earnings Reverse the Previous Miss?

Intel

Dogs of the Dow is an investment strategy where investors seek to buy companies that are having a high yield in the Dow Jones. The Dow index has dropped by more than 6.35% this year alone.

News for Chevron Stock (CVX)