CVX · 8-K · 20261030PR000196

Operating Cash Flow Trends

CHEVRON CORP · 2026-10-30 · Importance 69 · Surprise 64 · No source text

Third-quarter cash flow from operations was $16.014 billion, up from $9.385 billion in the prior-year quarter, and nine-month cash flow rose to $41.161 billion from $23.150 billion. Third-quarter adjusted free cash flow was $14.243 billion, compared with $6.953 billion a year earlier; it benefited from a $1 billion loan repayment from Tengizchevroil LLP and asset-sale proceeds. Nine-month free cash flow was $28.549 billion versus $11.067 billion. Working-capital movements reduced third-quarter operating cash flow by $538 million.

Key facts

• Chevron’s third-quarter 2026 cash flow from operations was $16.0 billion, compared with $9.4 billion in third-quarter 2025. source
• Chevron’s third-quarter 2026 cash flow from operations excluding working capital was $16.6 billion, compared with $9.9 billion in third-quarter 2025. source
• Chevron’s third-quarter 2026 free cash flow was $12.0 billion, compared with $4.9 billion in third-quarter 2025. source
• Chevron’s third-quarter 2026 adjusted free cash flow was $14.2 billion, compared with $7.0 billion in third-quarter 2025. source
• Chevron’s adjusted free cash flow benefited from a $1 billion loan repayment from Tengizchevroil LLP and proceeds from asset sales. source
• Chevron’s third-quarter 2026 cash flow from operations was higher than a year earlier, driven by higher earnings and increased cash distributions from Tengizchevroil LLP. source

Impact estimates