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

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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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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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

Caterpillar

Home Depot

Caterpillar has a long history of moving dividends into investors' hands. The housing market could be a surprise winner in 2024.

3 Dow Dividend Stocks Worth Buying Hand Over Fist in 2024

Alibaba

Alibaba is a leading e-commerce company in China that could make for an underrated AI investment. Chevron is a top oil and gas producer which is also investing heavily into greener energy initiatives.

Got $5,000? These 2 Stocks Are Trading Near Their 52-Week Lows and Are Cheap Buys Right Now

EnLink Midstream

Enterprise Products Partners

Occidental beat out Chevron on an acquisition, and Chevron proved to be the more reliable dividend stock. EnLink is working to capture the same potentially massive opportunity as Occidental Petroleum.

Warren Buffett Owns Occidental, but You Should Consider These 3 Energy Stocks Instead

Cisco Systems

Coca-Cola

Last year was a great one for stocks, with the Nasdaq having one of its best calendar year gains in the recent past and the S&P 500 performing well, too. However, with 2023 behind us, it is time to look forward and potentially add to existing holdings.

3 Dogs of the Dow Picks for the New Year

Chevron on Friday said it will put its Alberta, Canada, shale-gas business up for sale as it continues to streamline global operations following several big acquisitions.

Chevron to begin marketing shale-gas assets in Canada's Duvernay

Hess

Johnson & Johnson

Realty Income Corp

This integrated giant is a safer way for investors looking to get positioned in the energy sector and pays a rich 4.10% dividend.

5 Dividend Aristocrats That Are Also Wall Street Top Stock Ideas For 2024

Nucor

Steel Dynamics

Stanley Black & Decker

Walgreens

Dividend cuts and increases, and even no dividend change at all, can provide valuable information to investors. Walgreens' dividend cut was hinted at in mid-2023, while companies like Nucor, Steel Dynamics, Chevron, and Stanley Black & Decker have all told more positive stories in recent years.

This Is Why You Should Pay Close Attention to Dividend Increases

NextEra Energy

Exxon Mobil

Chevron's acquisition spree sets up the company's future. ExxonMobil's deep pockets and massive size are competitive advantages.

Got $500? 3 Energy Stocks to Buy and Hold Forever

Through the world's most extensive beverage distribution system, consumers in more than 200 countries enjoy the company's beverages at a rate of more than 1.9 billion servings a day.

Warren Buffett's Loves 2 High-Quality 2024 Dividend Aristocrat Stocks

WASHINGTON (AP) — Conservative Supreme Court justices on Wednesday voiced support for weakening the power of federal regulators, but it was not clear whether a majority would overturn a precedent that has guided American law for four decades over everything from the safety of food and drugs to environmental protection.

Chevron case could see Supreme Court sharply curtail power of federal regulators

Goldman Sachs

Transocean

The days of open outcry commodity trading are nearly extinct, as most of today's trading takes place behind a desk and through online brokerages. However, the traders that ascended from these pits took with them some of the same principles that they learned at places like Chicago, where most options and futures trade.

Oil is in contango for the first time since 2021: Best oil stocks

Chevron's (CVX) bold decision to continue Red Sea shipments contrasts with other energy majors. CEO assures a safe passage, highlighting naval collaborations.

Chevron's (CVX) Shipping Routes Remain Intact Amid Red Sea Turmoil

On Jan. 2, Chevron Corp. (CVX, Financial) filed an 8K report with the SEC stating that it will record a non-cash impairment of between $3.5 billion and $4 billion for some of its U.S. upstream assets during the fourth quarter of 2023.

Chevron: Entering 2024 on a Cautious Note

Automatic Data Processing

iShares Core Dividend Growth ETF

ProShares S&P 500 Dividend Aristocrats ETF

Visa

Vanguard Dividend Appreciation ETF

Look, I get it: many folks love ETFs, mainly because of the cheap management fees.

3 Dividend-Growth ETFs I Hate, And 3 Surging Dividends To Buy Instead

Chevron CEO Michael Wirth said he is surprised U.S. crude oil is trading under $73 a barrel and that Houthi attacks in the Red Sea pose a "very real" risk to oil prices.

Chevron CEO says Houthi attacks in Red Sea pose 'very real' risks to oil flows and prices

Advanced Micro Devices

Amazon

BioNTech SE

CrowdStrike

Barrick Gold

Alphabet

Madison Square Garden Sports

Trade Desk

2023 was an incredibly strong year for U.S. stocks but many believe the S&P 500 will push further up in the new year. To play that continued strength, our experts have picked top 10 stocks to buy in 2024.

Top 10 stocks to buy in 2024

"It's a very serious situation and seems to be getting worse," Chevron CEO Michael Wirth said of the crisis in the Red Sea.

Red Sea risk to oil 'very real,' prices could change rapidly if supply disrupted, Chevron CEO says

Colgate-Palmolive

Charles Schwab

Simon Property Group

Vici Properties

Walmart

Dividend Aristocrats are a good way to find stocks with a history of growing dividends, even though I find the "aristocrats" name cringe. Investors should not become emotionally attached to stocks and should view them as a means to an end. Buying low, selling high, and getting paid to wait can increase both income and capital gains for dividend investors.

4 Dividend Aristocrat Ratings: Buy This And Sell That

General Motors

With Wall Street jubilant about avoiding a recession last year, investors may want to continue betting on the same horse, although here's the thing: targeting undervalued value stocks may offer a more sensible approach. You don't necessarily want to abandon your winners outright.

The 3 Most Undervalued Value Stocks to Buy in January

Microsoft

Procter & Gamble

Undervalued Dow stocks allow investors to initiate positions with higher margins of safety. Instead of hoping that a high-flying growth stock continues its momentum, investors can incur less risk while increasing the likelihood of seeing an upside.

The 3 Most Undervalued Dow Stocks to Buy in January

ConocoPhillips

Companies like ExxonMobil (XOM), Chevron (CVX) and ConocoPhillips (COP) could be impacted by EPA's proposed fees for oil and gas producers exceeding specified methane emission levels.

U.S. Plans Methane Fee on Oil Firms to Combat Climate Change

Boeing

Lockheed Martin

Every cycle brings about its own set of surprises, ones that, by their very own definition, are quite unpredictable. Today, the market and investors, just like you, may have been accustomed to a low VIX environment, but that could soon change.

3 stocks to keep in mind as a Red Sea conflict emerges

Apple

Bank of America

Kraft Heinz

Occidental Petroleum

The Oracle of Omaha has overseen a nearly 4,500,000% return in his company's Class A shares (BRK.A) since becoming CEO in the mid-1960s. Dividend stocks are Berkshire Hathaway's unsung hero.

News for Chevron Stock (CVX)