CVX · 10-Q · 2026Q2 · Full report

Operating Cash Flow Trends

CHEVRON CORP · 2026-08-06 · Importance 69 · Surprise 64 · No source text

Cash provided by operating activities increased to $25.1 billion in the first six months of 2026 from $13.8 billion in the year-ago period. The improvement primarily reflected higher commodity prices and increased cash distributions from TCO. Capital expenditures increased to $8.6 billion from $7.6 billion. Proceeds and deposits from asset sales and returns of investment declined to $355 million from $990 million, while TCO loan repayments contributed a $979 million net inflow compared with a $176 million net outflow in the prior-year period.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashpositiverealized+7.6%Six months ended June 30, 2026 net cash provided by operating activities: $25,147 million.
cashpositiverealized+3.4%Operating cash provided by operating activities in the first six months of 2026: $25.1 billion, compared with $13.8 billion in the…