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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EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

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Minority interest

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Book value per share

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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

Exxon Mobil

Investors will have to wait until 2025 to see the result of the ongoing Guyana saga.

Exxon Mobil And Chevron Report Q2 Earnings Friday. Analysts Expect This Distinct Change.

The merger with Pioneer Natural increases ExxonMobil's (XOM) debt load. Chevron (CVX), however, has successfully started extracting oil from the Mad Dog 2 project in the Gulf of Mexico.

XOM or CVX: Which Stock Holds More Promise Ahead of Q2 Earnings?

Shell PLC

The company said it would buy back $3.5 billion of shares in the third quarter and kept its dividend of $0.344 per share.

Shell Earnings Set Bar for Exxon, Chevron

Chevron Corporation (NYSE: CVX), a company manufacturing and selling a range of refined petroleum products, including gasoline, diesel, marine, and aviation fuels, premium base oil, finished lubricants, and fuel oil additives, is scheduled to announce its fiscal second-quarter results on Friday, August 2. We expect the company's stock to likely trade higher with its revenues and earnings beating market expectations marginally in its second quarter results.

Up 7% So Far, What Lies Ahead For Chevron's Stock Post Q2 Results?

U.S. oil major Chevron said on Wednesday that hearing for an arbitration regarding Hess' Guyana assets have been scheduled for May 2025.

Chevron says Guyana arbitration hearing to begin in May

ConocoPhillips

The upcoming presidential election has given a boost to oil and gas stocks. As one of the most important sectors of the economy, each government makes policies on oil and gas.

3 Attractive Oil Stocks to Buy This Month

Chevron has a strong outlook with the Permian and DJ assets driving production growth, Total production is expected to grow by 6% in eFY24. Management is focusing on further developing Permian assets with the target of 1MMboe/d in 2025. Chevron is awaiting regulatory approval for the Hess acquisition, which will occur after the arbitration case with Exxon is settled.

Chevron Has A Strong Growth Trajectory Into 2025

Home Depot

Synopsys

A research report from 2017 indicates that mergers and acquisitions have created more value for acquiring firm shareholders post-2009 than ever before. This particularly holds true for mega deals worth $500 million or more.

3 Stocks Set to Surge Higher After An Impending Merger is Completed

Air Products and Chemicals

New Linde PLC

While there is big potential for growth in the hydrogen economy, there is a need for deep pockets. Plug Power (NASDAQ: PLUG ) was among the hottest hydrogen stocks.

3 Blue-Chip Hydrogen Stocks to Buy and Hold Until 2030

Chevron Corporation CVX is slated to release second-quarter 2024 results on Aug 2, before market open. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at $2.88 per share and $50.8 billion, respectively.

Is Chevron (CVX) Stock a Buy Ahead of Q2 Earnings Release?

AT&T

Uber

As the US Federal Reserve gears up for its policy meeting this week, the market buzz is all about potential interest rate cuts. While a rate cut is unlikely to be announced immediately, markets are optimistic that the central bank will start lowering rates by September.

4 stocks to buy before the Fed cuts interest rates in 2024

Amcor Plc

T. Rowe Price Group

Stocks with long histories of dividend growth have stood the test of time. Among the most striking examples of such reliability are dividend aristocrats, a group of just 68 stocks within the S&P 500 index that have raised their dividends for at least 25 consecutive years.

Time-Tested Stocks: 3 Dividend Aristocrats With Yields Over 4%

The presidential race is heating up, with Vice President Kamala Harris now the likely Democratic nominee against former President Donald Trump.

2 Oil Stocks to Watch Amid Presidential Race, Earnings

Enterprise Products Partners

24/7 Insights Oil has traded solidly higher this summer and may continue the trend.

4 Dividend-Paying Energy Stocks to Buy Now

A-Mark Precious Metals

CarMax

Rocket Companies, Inc.

SentinelOne

Simon Property Group

For years following the worst of the COVID-19 crisis, the Federal Reserve wrestled with blistering inflation. Unfortunately, it was a necessary evil.

7 Risk-On Stocks to Buy as Rate Cut Fervor Intensifies

Apple

Adams Diversified Equity Fund

Broadcom

ArrowMark Financial

Energy Transfer LP Unit

Eaton Vance Tax-Managed Diversified Equity Income Fund

India Fund Inc

Microsoft

Neuberger Berman MLP Income Fund, Inc.

ONEOK

Adams Natural Resources Fund Inc

LMP Capital and Income Fund

Columbia Seligman Premium Technology Growth Func Inc

Liberty All Star Equity Fund

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For Nearly 9% Yield (July 2024)

Chevron (CVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Chevron (CVX) Q2 Earnings Expected to Decline

Chevron (CVX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search Chevron Corporation (CVX): Here is What You Need to Know

Franklin Resources

Boston Properties

Dominion Energy

Altria

Pfizer

24/7 Insights Investors count on quality blue-chip companies to pay dependable dividends.

6 Highest Paying Dividend Blue Chip Stocks to Buy in July

Chevron (CVX) closed the most recent trading day at $155.07, moving +0.64% from the previous trading session.

Chevron (CVX) Advances While Market Declines: Some Information for Investors

How Chevron is using gen AI, digital twins and robots to analyze massive datasets, make predictions and protect workers and the planet.

How Chevron is using gen AI to strike oil

Occidental Petroleum

Close to my home in Chapel Hill, North Carolina, is the factory site for VinFast Auto (NASDAQ: VFS ), the Vietnamese electric vehicle company. Taxpayer funding is involved, so the media covers VinFast well.

3 Oil Stocks to Buy if Trump Pulls Off a November Win

Chevron (CVX) retains 40% interest in Block 5 offshore Suriname, with QatarEnergy acquiring 20% in the production sharing contract. The remaining 40% will be owned by Paradise Oil Company.

Chevron (CVX), QatarEnergy Partner Over Suriname Block 5 PSC

Exxon Mobil Corp. NYSE: XOM and Chevron Corp. NYSE: CVX are two of the largest integrated oil producers in the world. The two companies have market capitalizations of $457.67 and $293.81 billion, respectively.

Exxon Mobil or Chevron – Which One May Be a Gusher for Investors?

Dynagas LNG Partners LP

Excelerate Energy Inc

Flex Lng Ltd

New Fortress Energy

Nippon Yusen KK

UPI declined by 0.63% to 165.53 points, with New Fortress Energy leading gainers at over 20% due to FLNG Altamira LNG project launch. UPI and S&P 500 both dropped last week, with low trading volumes and increased market volatility during the holiday season. Most decliners in LNG shipping were from Asia, with Korea Line Corporation losing 7.6% and Japanese shippers declining to support lines.

News for Chevron Stock (CVX)