CVX · News · 20260804N

Revenue Performance and Mix

CHEVRON CORP · 2026-08-04 · Importance 78 · Surprise 64

Chevron’s second-quarter 2026 sales and operating revenues increased 51% year over year to $67.2 billion, while another 10-Q summary reported revenue of $70.06 billion. Revenue growth reflected higher commodity prices, record production, and contributions from acquired Hess assets. Improved upstream and downstream margins and strategic cost reductions also supported the quarter’s financial performance.

Key facts

• The March 2026 reconstitution of SCHD's underlying index led to taxable distributions including $0.8241 per share in Q2 2024. source