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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Cost of revenue

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SG&A

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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

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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

PDC Energy Inc

Chevron stock is down 9.6% in May as analysts revised their opinion on the U.S. energy giant after the news of the $6.3 billion deal for PDC Energy. The post Chevron Stock Upgraded To A Buy After $6 Billion PDC Energy Deal appeared first on Investor's Business Daily.

Chevron Stock Upgraded To A Buy After $6 Billion PDC Energy Deal

Chevron (CVX) reveals that its flagship Gorgon plant in Australia was launched six years ago, but just one-third of its capacity was utilized due to operational concerns.

Chevron's (CVX) Gorgon Facility Operates at Only 30% Capacity

U.S. oil major Chevron announced a $7.6 billion takeover of Denver-based PDC Energy Monday in the largest acquisition thus far in 2023.

Chevron Deal Could Kick Off Another Round Of U.S. Shale Consolidation

The $6.3 billion deal values PDC Energy at 25% below the average target price for its stock. Will PDC shareholders balk?

Chevron Oil Deal Looks Like a Bargain. Is It?

ConocoPhillips

Hess

World Fuel Services

Occidental Petroleum

Transocean

Schlumberger

It may be time to sell some of the top energy stocks, especially as they become overvalued. Sure, according to the International Energy Agency, rising post-Covid demand from China, coupled with tight supply, suggests that a crude oil rebound is possible later this year.

7 Overvalued Energy Stocks to Sell Before June 2023

Analyst Stewart Glickman at CFRA on Monday upgraded his rating on Chevron Corp.'s stock CVX, -1.81% to buy, from hold, after Chevron's announcement earlier Monday that it plans to buy PDC Energy Inc. PDCE, +7.22% The deal, for $6.3 billion plus $1.3 billion in stock, would boost Chevron's share count by 4.6% and it is likely to be immediately accretive, Glickman said. PDC's DJ Basin acreage, largely adjacent to Chevron's, can enable Chevron “to generate improved unit cost performance in that region,” the analyst said.

Chevron stock gets upgrade to buy rating at CFRA

NEW YORK , May 22, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by PDC Energy, Inc. (NASDAQ: PDCE) and its board of directors concerning the proposed acquisition of the company by Chevron Corporation (NYSE: CVX). Stockholders will receive 0.4638 shares of Chevron common stock for each share of PDC Energy stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of PDC Energy, Inc.

Chevron's latest acquisition shows that the best deals on the oil patch may be smaller operators with geographic concentration.

Why Big Oil Likes Small Deals

Oil and gas giant Chevron (NYSE: CVX ) — one of the world's supermajors — generated headlines Monday morning when it announced the acquisition of shale producer PDC Energy (NASDAQ: PDCE ), sending shares up over 8%. However, CVX stock wasn't so lucky, losing about 1% in the early afternoon hours.

CVX Stock Alert: Chevron Acquires PDC Energy in $6.3 Billion Deal

PDC Energy shares (PDCE) are jumping after Chevron (CVX) announced an agreement to buy the energy exploration and production company for $6.3 billion.

Chevron to Acquire PDC Energy, Sending Its Shares Soaring

Chevron Corp.'s plan to buy PDC Energy Inc. in a $6.3 billion deal, or $7.6 billion when including debt, has a few unexpected turns for Wall Street.

Chevron, PDC Energy deal holds a few surprises for Wall Street

Chevron Corporation is growing production organically and by acquisition with the newly announced PDC Energy, Inc. pickup. We will take a quick look at the PDC deal in this article. Cost control is a key aspect of the company's outstanding financial performance.

Chevron: Cash Flow Monster On Sale

Chevron Corp revealed that it would acquire PDC Energy Inc (NASDAQ:PETD) in an all-stock deal for $6.3 billion, including debt, bolstering the energy company's position in key US production basins. The San Ramon, California-based oil and gas giant said that it would issue 0.4638 Chevron shares, worth $72 based on Friday's closing price of $155.23, for each share of Denver-based PDC.

Chevron to buy PDC Energy in $6.3 billion all-stock deal

Chevron is making a highly strategic transaction. The deal will boost its free cash flow by $1 billion annually.

Chevron is Paying $7.6 Billion to Bulk Up its Oil Business. Time to Buy This Top Warren Buffett Stock?

The deal would boost the energy company's ownership in the largest U.S. oil field and in the Denver-Julesburg Basin.

Chevron to Buy PDC in $6.3 Billion Stock Swap

Chevron Corp. CVX, +0.79% announced Monday an agreement to buy Colorado-based oil and gas producer PDC Energy Inc. PDCE, +0.25% in an all-stock deal valued at $6.3 billion, or $7.6 billion when including debt. PDC's stock was halted for new until 8:30 a.m.

Chevron to buy PDC Energy in an all-stock deal valued at $6.3 billion, at premium of nearly 11%

'PDC's attractive and complementary assets strengthen Chevron's position in key U.S. production basins,' says Chevron Chairman and CEO Mike Wirth in a statement.

Chevron to Acquire PDC Energy for $6.3 Billion

Chevron Corp said on Monday it would acquire PDC Energy Inc in an all-stock transaction for $7.6 billion, including debt.

Chevron to buy PDC Energy for $7.6 billion

SAN RAMON, Calif. and DENVER, Colo.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with PDC Energy, Inc. (NASDAQ: PDCE) to acquire all of the outstanding shares of PDC in an all-stock transaction valued at $6.3 billion, or $72 per share. Based on Chevron's closing price on May 19, 2023 and under the terms of the agreement, PDC shareholders will receive 0.4638 shares of Chevron for each PDC share. The total enterprise value, incl.

Chevron Announces Agreement to Acquire PDC Energy

APA Corporation

Devon Energy

Diamondback Energy

Pioneer Natural Resources

Exxon Mobil

Oil has traded in a very tight range this year, and after last year's big run higher, many investors have been disappointed.

Top Energy Analysts See $90 Oil in 2023 and $100 in 2024: Grab 7 Top Dividend Stocks Now

Cisco Systems

Procter & Gamble

Chevron's credit is as good as the U.S. Government's. Cisco Systems generates a lot of cash and has an elite credit rating.

3 Super-Low-Risk Dividend Stocks With Above-Average Yields You Can Hold Forever

Bank of America

Shares of Bank of America, Chevron, and Occidental are down year to date, even as the broader market has risen. Buffett has continued to add to his Bank of America and Occidental positions, likely because of their attractive valuations.

Why Has Warren Buffett Invested 18% of His Portfolio in These 3 Beaten-Down Stocks?

Ares Commercial Real Estate

Apollo Commercial Real Estate Finance

ARMOUR Residential REIT

BrightSpire Capital

Federal Realty Investment Trust

FS Credit Opportunities Corp

Orchid Island Capital

Petroleo Brasileiro

Ready Capital Corp

Chicago Atlantic Real Estate Finance

Star Bulk Carriers

Trinity Capital

V.F.

Prior to April 30, 2023 my readers mentioned 26 equities in recent comments on Arnold articles. Some bad-news investments (rogues) mixed with (mostly) favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated Top-Net-Gain ReFa/Ro: CVX, ACRE, RC, FRT, IMO, REFI, VFC, BRSP, SBLK, and PBR, averaged 44.3% net gains from reader data collected 5/17/23.

Readers Reveal 26 Ideal April-May Dividend Dogs

Apple

Amazon

DaVita

iShares Select Dividend ETF

Floor & Decor Holdings

Liberty Media Corp-Liberty Formula One

Jefferies Financial Group Inc

Nu Holdings

Snowflake

SPDR Portfolio S&P 500 Growth ETF

StoneCo

Warren Buffett likes to brag about dividends from S&P 500 stocks. But this year he's scoring gains with no dividend Warren Buffett stocks.

Warren Buffett Is Making A Mint On 7 Stocks That Pay No Dividends

AstraZeneca

JPMorgan Chase & Co

Rio Tinto plc Sponsored

Tesla

Walmart

In the last decade, few companies have touched the magic trillion-dollar valuation. Apple (NASDAQ: AAPL ), Amazon (NASDAQ: AMZN ), and Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ) are the names worth mentioning.

News for Chevron Stock (CVX)