CVX · Energy

CHEVRON CORP

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: everything published this earnings window

News · 2026-11-07

• Revenue Performance and MixImportance 64 · Surprise 56
  Chevron reported Q3 2026 revenue of $65.24 billion, up 36.3% year over year, according to MarketBeat reporting. A separate Yahoo Finance digest item cited Q3 revenue of $65.6 billion. The reports give different revenue…
• Net Income and ProfitabilityImportance 37 · Surprise 6
  Yahoo Finance reporting cited Q3 2026 net income of $9.9 billion and earnings of $5.07 per share. MarketBeat reporting separately cited quarterly earnings of $5.28 per share, above estimates. The third-party reports…
• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  Chevron declared a quarterly dividend of $1.78 per share, according to MarketBeat reporting. Another MarketBeat item also cited a $1.78 quarterly dividend. The digest does not state an aggregate payout amount or…

News · 2026-11-06

• Revenue Performance and MixImportance 57 · Surprise 38
  For the quarter ended September 2026, Chevron reported revenue of $67.8 billion, up 36.3% year over year. Revenue exceeded the Zacks consensus estimate of $60.49 billion by 12.09%. EPS was $5.28, compared with $1.85 a…

10-Q · 2026-11-05

• Operating Cash Flow TrendsImportance 69 · Surprise 64
  Net cash provided by operating activities for the nine months ended September 30, 2026, was $41.161 billion, compared with $23.150 billion in the prior-year period, an increase of about 78%. Free cash flow rose to…
• Upstream Production VolumeImportance 68 · Surprise 58
  Worldwide net oil-equivalent production averaged 3.97 million barrels per day in the first nine months of 2026, up 10% year over year, driven by the Hess acquisition and growth in the Gulf of America and Permian Basin,…
• Revenue Performance and MixImportance 64 · Surprise 56
  Sales and other operating revenues were $65.2 billion in third quarter 2026, up $17.1 billion, or 35%, from $48.2 billion in third quarter 2025, mainly because refined-product and crude-oil prices were higher despite…
• Net Income and ProfitabilityImportance 64 · Surprise 64
  Net income attributable to Chevron was $9.9 billion, or $5.06 per diluted share, in third quarter 2026, compared with $3.5 billion, or $1.82 per diluted share, in third quarter 2025. For the first nine months of 2026,…
• Segment ProfitabilityImportance 63 · Surprise 64
  Third-quarter 2026 Upstream earnings rose to $5.7 billion from $3.3 billion, while Downstream earnings increased to $4.9 billion from $1.1 billion. For the first nine months, Upstream earnings were $17.8 billion versus…
• Liquidity and Debt PositionImportance 63 · Surprise 64
  Cash, cash equivalents and marketable securities totaled $12.8 billion at September 30, 2026, compared with $6.3 billion at year-end 2025. Total debt and finance lease liabilities declined to $33.5 billion from $40.8…
• Oil and Gas Price SensitivityImportance 58 · Surprise 56
  Brent averaged $94 per barrel in the first nine months of 2026, compared with $71 a year earlier, and was about $96 on November 4; WTI averaged $84, compared with $67, and was about $88. Crude prices rose sharply in…
• Depreciation and Depletion ExpenseImportance 53 · Surprise 48
  Depreciation, depletion and amortization expense increased to $18.162 billion in the first nine months of 2026 from $14.248 billion in the prior-year period, a rise of $3.914 billion, or about 27%. The increase…
• Acquisitions and DivestituresImportance 52 · Surprise 42
  Chevron expects $1 billion to $2 billion of annual asset-sale proceeds through 2030 as it evaluates dispositions and acquisitions for portfolio value and financial performance. In the second quarter of 2026, it signed…
• Capital ExpendituresImportance 49 · Surprise 32
  Chevron’s capital expenditures for the first nine months of 2026 were $12.612 billion, up $529 million from the prior-year period, primarily because of spending associated with legacy Hess assets, partly offset by…
• Capital Return ProgramImportance 47 · Surprise 6
  On January 25, 2023, Chevron’s board authorized a $75 billion share repurchase program, effective April 1, 2023, with no fixed expiration date. Through September 30, 2026, Chevron had repurchased 294 million shares for…
• Income Tax Rate ChangesImportance 46 · Surprise 46
  Income tax expense increased to $3.577 billion in third quarter 2026 from $1.801 billion in third quarter 2025, primarily because pretax income rose $8.2 billion. Nine-month income tax expense increased to $9.700…
• Operating Expense TrendsImportance 45 · Surprise 14
  Operating, selling, general and administrative expenses were $9.477 billion in third quarter 2026, up from $9.058 billion a year earlier, primarily due to higher transportation costs partly offset by lower employee…
• Middle East Conflict ImpactImportance 40 · Surprise 42
  The Middle East conflict has curtailed production in the Partitioned Zone between Saudi Arabia and Kuwait and from CPChem assets in Saudi Arabia and Qatar, while disrupting physical cargo lifting and transportation.…
• Venezuela Investment ConditionsImportance 40 · Surprise 42
  Chevron conducts its Venezuela activities through the Petroboscan, Petropiar and Petroindependencia joint ventures, subject to U.S. government authorizations and sanctions. Effective September 1, 2026, it began…
• Hess Midstream RestructuringImportance 40 · Surprise 42
  Chevron announced plans to restructure its long-term commercial arrangements with Hess Midstream LP to strengthen the competitiveness of its Bakken upstream operations. The company expects the changes to reduce…
• Quarterly Dividend DeclarationImportance 37 · Surprise 6
  Chevron paid $10.5 billion in dividends to common stockholders during the first nine months of 2026. In October 2026, the company declared a quarterly dividend of $1.78 per common share, payable in December 2026.
• Angola Offshore DiscoveryImportance 34 · Surprise 42
  Chevron announced an offshore crude oil and natural gas condensate discovery in Angola’s prolific Lower Congo Basin. The company said the discovery demonstrates the potential of its exploration program in sub-Saharan…
• Operating Margin DriversImportance 32 · Surprise 24
  U.S. Downstream third-quarter earnings increased $2.9 billion, primarily because margins on refined-product sales rose $2.9 billion. International Downstream earnings increased $847 million, as $1.1 billion of higher…
• Manufacturing And CapacityImportance 31 · Surprise 32
  U.S. refineries operated reliably at record levels near capacity in the third quarter, with crude unit inputs up 3% year over year to 1.093 million barrels per day. Inputs remained 3% higher for the first nine months,…
• Timing EffectsImportance 26 · Surprise 24
  Commodity-price volatility produced unfavorable timing effects of $2.9 billion in first-quarter 2026, favorable effects of $1.5 billion in second-quarter 2026 and unfavorable effects of $1.6 billion in third-quarter…
• Refining Margin TrendsImportance 26 · Surprise 24
  Chevron’s downstream earnings benefited from elevated refining margins in the third quarter of 2026, reflecting disruptions to global refined-product supplies associated with geopolitical events. The company says the…
• Supply Chain And InventoryImportance 17 · Surprise 24
  Chevron reports elevated U.S. cost pressures for services and select equipment, driven by cross-industry demand and supplier capital discipline. It manages cost and supply assurance through supplier demand planning,…
• ESG and sustainabilityImportance 16 · Surprise 6
  Chevron said it aims to grow its oil and gas business, lower the carbon intensity of operations and grow new energies businesses, while maintaining portfolio flexibility as policy, technology and customer preferences…

News · 2026-11-05

• Upstream Production VolumeImportance 31 · Surprise 32
  Chevron set a quarterly natural gas production record in third-quarter 2026, producing more than 9 billion cubic feet per day (Bcf/d). Australia and the Eastern Mediterranean led the gas production milestone. Total net…

News · 2026-11-04

• Net Income and ProfitabilityImportance 63 · Surprise 64
  Chevron reported third-quarter earnings of $9.924 billion, up from $3.539 billion a year earlier, an increase of approximately 180%. Refining supplied much of the profit increase, according to the report. The report…
• Iraq Energy ExpansionImportance 34 · Surprise 42
  Chevron is moving closer to expanding its footprint in Iraq as the country’s Ministry of Oil announced agreement on key provisions of a development contract for the West Qurna 2 oil field. The parties are targeting a…

News · 2026-11-03

• Venezuela InvestmentImportance 71 · Surprise 82
  Chevron has pledged more than $7 billion of investment in Venezuela over the next five years. The company aims to more than double its Venezuelan production to about 600,000 barrels per day by 2031. The report…
• Exploration Spending IncreaseImportance 59 · Surprise 82
  Chevron increased its exploration budget by 50%, its largest exploration push in several years. The additional spending is directed toward frontier basins in South America, Africa, and the Eastern Mediterranean.…
• Net Income and ProfitabilityImportance 45 · Surprise 64
  Chevron booked triple the profit in the third quarter compared with the third quarter of the prior year, according to the report. The reported comparison covers July-to-September results. The article gives no Chevron…
• AI Data Center Power AgreementImportance 34 · Surprise 42
  Chevron continues work on Project Kilby, its planned power supply for Microsoft’s data center development in West Texas. The company is targeting initial electricity delivery in 2028 despite regulatory uncertainty and…
• Renewable Diesel Distribution ExpansionImportance 20 · Surprise 24
  Chevron says it is increasing supplies of diesel, renewable diesel, and biodiesel to support the transportation sector. In 2026, it sought to raise conventional diesel supply by maximizing output from existing…
• Venezuela Upstream ExpansionImportance null · Surprise null
  Chevron has pledged more than $7 billion over five years to develop its Venezuelan operations. The company aims to more than double production in the country to about 600,000 barrels per day by 2031. The report also…
• Venezuela Investment ConditionsImportance null · Surprise null
  Chevron has pledged more than $7 billion in investment in Venezuela over the next five years. The company aims to more than double its Venezuelan production to about 600,000 barrels per day by 2031. The report says…
• Project Kilby Data Center PowerImportance null · Surprise null
  Chevron continues to target initial electricity delivery in 2028 for Microsoft’s West Texas data center development, Project Kilby. The report says regulatory uncertainty surrounding new digital infrastructure projects…

News · 2026-11-02

• Venezuela InvestmentImportance 70 · Surprise 42
  Chevron committed $7 billion to Venezuelan projects, according to the report. The stated purpose was to pursue new low-cost oil barrels. The article also said Chevron raised exploration spending, but gave no amount or…
• Venezuela Investment ConditionsImportance 70 · Surprise 42
  Chevron committed US$7 billion to Venezuelan projects, an investment amount above the stated materiality threshold. The reported objective is to pursue new low-cost oil barrels. The report links the commitment to…
• Revenue Performance and MixImportance 63 · Surprise 56
  Chevron reported Q3 2026 revenue of $67.8 billion, up 36.3% year over year and 11.1% above the cited S&P analyst estimate of $61.04 billion. Revenue also exceeded the Zacks consensus estimate of $60.49 billion,…
• Segment ProfitabilityImportance 63 · Surprise 64
  Chevron reported record third-quarter refining profit of $4.93 billion, more than triple the $1.1 billion recorded a year earlier. Profit from oil and gas production rose about 70% to $5.7 billion. U.S. refineries…
• Operating Margin DriversImportance 60 · Surprise 56
  Chevron’s Q3 2026 operating margin was 20.5%, compared with 11.6% in Q3 2025. The year-over-year increase was 8.9 percentage points. The same report cited record refining throughput and 36.3% year-over-year sales…
• Capital Allocation StrategyImportance 53 · Surprise 24
  Chevron limited Q3 2026 share buybacks to $2.5 billion. It used an additional $3.5 billion of cash to pay down debt. The report described the debt repayment as a use of cash alongside the quarter’s earnings and…
• Refining Margin TrendsImportance 48 · Surprise 24
  A global diesel shortage supported unusually strong refining conditions, with attacks connected to conflicts in Iran and Ukraine reportedly taking as much as 10% of worldwide refining capacity offline. Chevron operated…
• Project Kilby Data Center PowerImportance 38 · Surprise 42
  Chevron is proceeding with Project Kilby, its plan to power a Microsoft data center in West Texas, despite a temporary suspension of digital infrastructure permits by the Texas governor. CFO Eimear Bonner said the…
• AI Data Center Power AgreementImportance 38 · Surprise 42
  Chevron is proceeding with Project Kilby, its plan to power a Microsoft data center in West Texas, despite Texas Governor Greg Abbott’s temporary suspension of digital-infrastructure permits. CFO Eimear Bonner said…
• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  Chevron declared a quarterly dividend of $1.78 per share for Q3 2026. The dividend was subsequently paid on December 10, 2026. The reported amount was per share; the digest did not state the total cash value of the…

News · 2026-10-31

• Venezuela Investment ConditionsImportance 75 · Surprise 82
  The report says Chevron is investing $7 billion in Venezuela with the aim of doubling its oil output within five years. ExxonMobil CEO Darren Woods said reforms are still needed before Exxon decides on a major entry…
• Venezuela Upstream ExpansionImportance 75 · Surprise 82
  Chevron is reported to be investing $7 billion in Venezuela with a goal of doubling its oil output within five years. The report contrasts Chevron’s expansion with ExxonMobil’s more cautious position, with Exxon’s CEO…
• Capital ExpendituresImportance 58 · Surprise 82
  Chevron has raised exploration spending by 50%, according to the report. The company is shifting focus toward high-impact frontier exploration in South America, Africa, and the Eastern Mediterranean. Its identified…
• Exploration Spending IncreaseImportance 58 · Surprise 82
  Chevron raised exploration spending by 50%, according to the report. The company is shifting attention toward high-impact frontier exploration after years focused on the U.S. Gulf of Mexico and Permian shale basin. Its…
• Exploration Portfolio ExpansionImportance 35 · Surprise 42
  Chevron and TotalEnergies agreed to swap leases in the U.S. Gulf of Mexico, giving each company new exploration blocks in deepwater areas. The revised portfolio expands their shared acreage and increases operational…
• Gulf of Mexico Lease SwapImportance 35 · Surprise 42
  Chevron and TotalEnergies agreed to swap leases in the U.S. Gulf of Mexico, giving each company new exploration blocks in deepwater areas. The transaction reshapes their offshore access and expands their shared acreage…
• AI Data Center Power AgreementImportance 33 · Surprise 24
  Chevron says it is proceeding on schedule with its plan to power a Microsoft data center in West Texas, despite Texas Governor Greg Abbott’s temporary suspension of digital infrastructure permits. CFO Eimear Bonner…
• Capital Allocation StrategyImportance 18 · Surprise 24
  Chevron is stockpiling cash following a strong quarter, according to Bloomberg reporting. The article says the industry is wary about how to deploy windfall profits after past overspending during boom periods. It…

Earnings call · 2026-10-30

• Iraq Energy ExpansionImportance 32 · Surprise 24
  Chevron said terms being negotiated in Iraq were more attractive than those historically available there and described them as competitive. The company was working with the ministry on a development plan that would be…
• Energy Market Demand TrendsImportance 26 · Surprise 24
  Chevron said an estimated 5% to 10% of petrochemical capacity was offline, tightening markets, particularly while Middle East volumes were not flowing. Management expected margins to remain somewhat elevated at least…
• Middle East Conflict ImpactImportance 20 · Surprise 24
  Management said about 10% of the world's refining capacity was offline and exports were reduced because of conflicts, supporting elevated refining margins in the short term. It expected margins eventually to moderate…