Revenue segments as reported by the company.

Sales and other operating revenues

Income from equity affiliates

Other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating expenses

Exploration expenses

Depreciation, depletion and amortization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Chevron

Texaco, Inc. ("The Texas Company") is an American oil subsidiary of Chevron Corporation. Its flagship product is its fuel "Texaco with Techron". It also owns the Havoline motor oil brand. Texaco was an independent company until its refining operations merged into Chevron Corporation in 2001, at which time most of its station franchises were divested to the Shell Oil Company.

Texaco

Tengizchevroil is a joint venture between Chevron (50% share in the consortium), ExxonMobil (25% share), KazMunayGas (20% share) and LukArco (5% share). The joint venture was formed in April 1993, when the Kazakhstan government granted an exclusive 40-year right to Tengizchevroil LLP (TCO) to develop the Tengiz and Korolevskoye oil fields located in the north-eastern reaches of the Caspian Sea in Kazakhstan.

Tengizchevroil

Wheatstone LNG is a liquefied natural gas plant under construction in the Ashburton North Strategic Industrial Area, which is located 12 kilometres (7.5 mi) west of Onslow, Western Australia. The project is being developed and will be operated by Chevron Australia Pty. Ltd.

Wheatstone LNG

Chevron Corp. engages in the provision of administrative, financial management, and technology support for energy and chemical operations. It operates through the Upstream and Downstream segments. The Upstream segment consists of the exploration, development, and production of crude oil and natural gas, the liquefaction, transportation, and regasification associated with liquefied natural gas, the transporting of crude oil by major international oil export pipelines, the processing, transporting, storage, and marketing of natural gas, and a gas-to-liquids plant. The Downstream segment consists of the refining of crude oil into petroleum products, the marketing of crude oil and refined products, the transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car, and the manufacturing and marketing of commodity petrochemicals and plastics for industrial uses and fuel & lubricant additives. The company was founded in 1906 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Chevron excels in 2022 with record earnings and growth strategies

Chevron's strong financial performance in 2022, focus on capital efficiency, and commitment to lower carbon initiatives position it well for continued growth. While challenges like demand fluctuations and economic risks persist, the company's strategic priorities and disciplined approach to M&A offer avenues for future success.

Chevron reports robust Q1 earnings, navigates challenges, eyes growth

Chevron's Q1 performance reflects resilience amid lower oil prices, with strong earnings and shareholder returns.
The company faces challenges from changing demand patterns and regulatory uncertainties but maintains a disciplined approach.
Opportunities lie in growing jet demand, Permian production, and strategic acquisitions while managing costs effectively.
Chevron's strengths include a robust balance sheet, high-margin assets, and a focus on long-term value creation.
Overall, Chevron's consistent management through cycles positions it well for sustainable growth and shareholder value.

Chevron reports record earnings, eyes renewable energy growth opportunities

Chevron's Q2 earnings call highlighted strong financial performance, operational achievements, and strategic initiatives towards lower carbon emissions. The company's focus on high-return projects, shareholder value, and renewable energy expansion positions it well for future growth. Despite challenges in refining margins and certain operational areas, Chevron remains optimistic about its portfolio and commitment to driving value for shareholders.

Chevron reports lower Q3 earnings, eyes Hess acquisition benefits

Chevron's Q3 performance was impacted by lower earnings but maintained strong shareholder returns and operational progress.
The Hess acquisition and green energy investments signal a strategic shift towards new energies and carbon reduction efforts.
Challenges include lower earnings, production forecasts, and balancing shareholder returns with growth opportunities.
Opportunities lie in long-term growth plans, operational synergies, and strategic integration post-Hess acquisition.

Chevron reports robust 2023 results, eyes Permian growth opportunities

Chevron's 2023 performance showcased strong financial results, operational achievements, and strategic acquisitions. The company's focus on shareholder returns, capital discipline, and growth in key basins positions it well for the future. Challenges in production growth, market dynamics, and operational optimizations are being actively addressed.
Opportunities lie in expanding Permian production, enhancing operational efficiencies, and adapting to market conditions. Chevron's commitment to sustainable practices, value creation, and maximizing shareholder value underpins its strategic direction. The company's balanced approach to growth and returns reflects a resilient and forward-looking energy player.

Chevron reports robust Q1 earnings, navigates challenges for future growth

Chevron's Q1 2024 showcased strong financial performance, operational growth, and strategic investments in renewable energy sectors.
The company faces challenges in managing debt, operational constraints, and political risks while capitalizing on exploration opportunities.
With a focus on reliability, innovation, and responsible development, Chevron aims to maintain production levels and drive future growth.
Progress from acquisitions, divestments, and operational improvements position Chevron for incremental free cash flow and sustainable performance.

Chevron reports robust Q2 earnings, eyes sustainable growth opportunities

Chevron's strong Q2 performance, focus on production growth, and strategic financial priorities position the company for continued success.
While facing challenges in project execution and leadership transitions, Chevron's emphasis on operational efficiency and shareholder value creation remains steadfast.
The company's opportunities lie in sustainable production growth, exploration endeavors, and strategic investments to drive future profitability and competitiveness.

Chevron reports strong Q3 earnings and targets cost-saving initiatives

Chevron's Q3 performance reflects robust earnings, production growth, and strategic cost-saving initiatives. While facing operational challenges in Q4, the company remains focused on optimizing its portfolio and driving efficiency for long-term growth.

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Cost of revenue

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SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Anadarko Petroleum

Occidental Petroleum

Berkshire Hathaway is putting some of its cash hoard to work in the oil industry.

Warren Buffett's $10 Billion Oil Investment: What You Need to Know

Chevron is expected to make a comeback bid for Anadarko, but it may not be as high as the offer made by Occidental, analysts say.

Chevron, Occidental have fire power left in battle for Anadarko — but they probably won’t use it

The Securities and Exchange Commission obtained an emergency court order on Monday to freeze approximately $2 million in profits from so-far unknown defendants who allegedly profited from insider trading in the planned acquisition of Anadarko Petroleum Corporation by oil and gas conglomerate Chevron Corporation.

SEC freezes proceeds of alleged insider trading in Chevron-Anadarko deal

Chevron Corp. (CVX) CEO Mike Wirth on Q1 2019 Results - Earnings Call Transcript

Chevron CEO Michael Wirth is confident he'll win a battle with Occidental Petroleum, keeping a $5 billion buyback program on track.

Chevron's $1 billion in added buybacks hinges on bidding war for Anadarko

CVX posted earnings per share (EPS) of $1.39, beating Wall Street consensus expectations of $1.30 per share.

Chevron Posts Earnings Beat On Aggressive Expansion In Permian Basin

Apart from the shale assets in the prolific Permian Basin, Chevron's (CVX) strong output could be attributed to contribution from its Wheatstone LNG development in Australia.

Chevron (CVX) Q1 Earnings Beat, Downstream Woes Continue

Chevron's (CVX) total production increased 6.5% compared with last year's corresponding period to 3,038 thousand oil-equivalent barrels per day.

Chevron (CVX) Q1 Earnings Beat on Output Gains, Sales Miss

Chevron Corp. reported first-quarter earnings that beat expectations, but revenue that fell short.

Chevron beats profit expectations but misses on revenue, shares edge higher

Exxon Mobil

Dow Jones oil giant Exxon Mobil reported  earnings that fell far short of expectations, ahead results from Chevron coming soon. Exxon Earnings Estimates: Exxon earnings are seen falling 31% to 75 cents.

Exxon Mobil Earnings, Revenue Miss Badly; Chevron Revenue Also Weak

Chevron is expected to report first-quarter earnings of $1.30 per share, down from a year ago.

Chevron is slated to report earnings — here’s what the Street expects

Anadarko Petroleum would be a great fit for Chevron. The two companies have complementary assets and would thus achieve great synergies.

Why Chevron Will Win The Bidding War For Anadarko, And Why It's Worth It

Occidental Petroleum has thrown its head into the ring for Anadarko Petroleum.

Chevron: Rival Bid Makes Things Interesting

With an intention to outbid Chevron, Occidental (OXY) makes a lucrative counter offer to acquire Anadarko Petroleum.

Occidental Outbids Chevron in the Race to Acquire Anadarko

We have remained positive on the energy sector all year here at 24/7 Wall St., as the price of oil has continued to rise much faster than the price of energy stocks.

3 Top Mega-Cap Energy Stocks Are Huge Buys as Oil Charges to $70

Big M&A can be tough to pull off, and usually results in negative shareholder value.

Chevron's $50 Billion Mega Deal Makes This 4% Yielding Dividend Aristocrat Even Better

Occidental Petroleum launched a hostile bid to acquire Anadarko Petroleum in a cash-and-stock deal worth $75 per share, outbidding Chevron's earlier offer.

Occidental tops Chevron's offer for Anadarko

Most analysts see Chevron ultimately winning the fight for Anadarko, but several say the oil major will have to pay up for the prize.

Chevron may have to sweeten offer for Anadarko after rival Occidental bid

Shares of Occidental Petroleum dropped 3% following the energy company's decision to make a hostile bid to acquire Anadarko Petroleum.

An energy war: Occidental Gets Hostile

When Chevron Corp. announced its $33 billion cash and stock bid for Anadarko Petroleum Co. earlier this month, one of the most surprised observers had to be Occidental Petroleum Corp., which was said to be in active discussions with Anadarko for a buyout in the mid-$70-per-share range, including 40% in cash.

Occidental Petroleum Stomps on Chevron’s $33 Billion Offer for Anadarko

While pricing and output gains are likely to fuel Chevron's (CVX) upstream unit in Q1, the downstream segment is expected to feel the heat of weak margins.

Will Upstream Segment Boost Chevron's (CVX) Q1 Earnings?

Continental Resources

ConocoPhillips

EOG Resources

Marathon Petroleum

Phillips 66

ProPetro Hld

Total

The U.S. announced Monday that it won't grant extensions to China and India, the top two importers of Iranian oil, when the  Iran sanction waivers expire in May.

Crude Oil Prices Rise As Trump Administration Ends Iran Sanction Waivers

Eight nations will be allowed to import oil from Iran under new U.S. section rules against the country, but waivers will end for all others.

Oil Rises After Washington Post Reports Iran Oil Sanctions To Tighten

Oil prices rose early on Monday, with Brent hitting its highest level since November, driven up by a decline in U.S. drilling activity and ongoing supply cuts led by producer club OPEC.

Oil prices rise on decline in US drilling activity, OPEC supply cuts

Western Gas Partners

The oil giant is getting more than just additional land in the Permian Basin.

News for Chevron Stock (CVX)