CVX · News · 20261102N
Segment Profitability
CHEVRON CORP · 2026-11-02 · Importance 63 · Surprise 64 · From source text
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 operated at 98% capacity and processed a record 1.09 million barrels of crude oil per day.
Key facts
- Chevron's net income rose nearly 200% to $9.9 billion, or $5.06 per share. source
- Chevron reported third-quarter refining profit of $4.93 billion, more than triple the $1.1 billion reported a year earlier. source
- Chevron's profit from oil and gas production climbed about 70% to $5.7 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +5.7% | Chevron reported third-quarter refining profit of $4.93 billion, more than triple the $1.1 billion reported a year earlier. |
| net_income | positive | realized | — | Chevron's net income rose nearly 200% to $9.9 billion, or $5.06 per share. |
| operating_income | positive | realized | — | Chevron's profit from oil and gas production climbed about 70% to $5.7 billion. |