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 San Ramon, CA.

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

Gross profit

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

Hess

Hess Corp reported a first-quarter profit on Thursday that beat analysts' estimates, helped by higher production from the oil and gas company that is set to be acquired by U.S. energy major Chevron in a $53 billion deal.

Chevron-target Hess reports Q1 profit beat on higher production

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has safely commenced operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz oil field in Kazakhstan. TCO achieved this milestone by converting its first metering station at Tengiz to low pressure and activating the associated Pressure Boost Facility (PBF). This marks important progress for TCO's overall expansion project at Tengiz.

Tengizchevroil starts WPMP operations at Tengiz oil field in Kazakhstan

Chevron Corporation (NYSE: CVX), a company manufacturing and selling a range of refined petroleum products, including gasoline, diesel, marine, and aviation fuels, premium base oil, finished lubricants, and fuel oil additives, is scheduled to announce its fiscal first-quarter results on Friday, April 26. We expect the company's stock to likely see little to no movement with its revenues and earnings matching expectations in its first quarter results.

Up 9% Year To Date, Will Chevron's Gains Continue Following Q1 Results?

Exxon Mobil

Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Breaking Down Q1 Earnings Results

Charter Communications

Capital One

T-Mobile US

VeriSign

Berkshire Hathaway (NYSE: BRK.B) is one of the last great conglomerates remaining in America.

6 Warren Buffett Stocks That Will Be Moving This Week

Hess Corp on Wednesday said its board has set April 12 as the record date for the determination of the stockholders entitled to vote on the proposed merger with Chevron Corp.

Hess sets April 12 record date for shareholder vote on Chevron merger

Considering the current uncertainty surrounding Chevron's (CVX) acquisition of Hess, we can say that ExxonMobil (XOM) is on a better footing than Chevron ahead of Q1 earnings.

XOM vs CVX: Which Energy Stock Shows Promise Ahead of Q1 Earnings?

Earnings season continues to move rapidly, with a notably rich reporting docket this week. A few big-tech names and representatives from many areas of the market are slated to report quarterly results.

Energy Earnings: Two Reports to Watch This Week

Phillips 66

Major oil producers Chevron Corporation (NYSE:CVX, ETR:CHV), Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Phillips 66 (NYSE:PSX) will hand down their financial reports for the first quarter on Friday, April 26 before the stock market opens in New York. Investor sentiment around energy stocks is positive heading into the reports, with geopolitical tensions in the Middle East driving the oil price above $80 per barrel.

Oil giants Chevron, Exxon and Phillips 66 face profit squeeze for Q1

Amazon

Honeywell

Coca-Cola

McDonald's

Microsoft

Visa

I'd argue that investing in the Dow in April is a particularly smart move. Dow Jones stocks represent 30 of the most prominent U.S. firms.

The 7 Best Positioned Dow Stocks for April 2024

Devon Energy

Occidental Petroleum

Energy stocks to watch in the stock market today.

Best Energy Stocks To Invest In Now? 3 To Know

SAN RAMON, Calif.--(BUSINESS WIRE)--Today, Chevron announced its upcoming appearance at the NPE2024 Plastics Show from May 6-10th in Orlando, FL, showcasing its field-tested VARTECH® Industrial System Cleaner (“VARTECH ISC") at the tradeshow for the very first time. One of the biggest causes of major equipment failure is varnish buildup caused by oil degradation. Varnish, even in small amounts, can lead to poor performance and component damage. The resulting downtime costs businesses millions o.

Chevron Debuts Proven Industrial System Cleaner at the NPE2024 Plastics Show

Chevron has underperformed the S&P 500 over the last five years. The oil giant's high-yielding dividend helps boost its total return.

If You'd Invested $1,000 in Chevron 5 Years Ago, Here's How Much You'd Have Today

Alphabet

NVIDIA

Super Micro Computer

2024 started with a bang, initially leaving behind the worries of inflation and a high-interest environment. The first quarter was excellent with Nasdaq hitting new highs and several stocks soaring beyond the 52-week highs.

7 Stocks With the Most Potential to Rocket on Q1 Earnings

In the latest trading session, Chevron (CVX) closed at $161.92, marking a +1.2% move from the previous day.

Chevron (CVX) Laps the Stock Market: Here's Why

Pioneer Natural Resources

Under Chairperson Lina Khan, the Federal Trade Commission (FTC) has consistently used speculative consumer harms to justify regulatory actions. Unfortunately, these actions often stop mergers that would have improved consumer wellbeing and promoted greater innovation.

Proposed Oil Mergers Will Improve Competition

Chevron (CVX) has exceeded the earnings mark in three of the past four quarters.

Time to Buy Chevron's (CVX) Stock as Q1 Earnings Approach?

A variety of factors have been driving oil prices mostly higher so far this year. But two industry leaders, Chevron and ExxonMobil, are in the midst of a dispute.

ExxonMobil and Chevron Stock Have 22%-30% Upside, According to 1 Wall Street Analyst

Texas Pacific Land Trust

Chevron is a global diversified energy leader with a multidecade record of growing its payout to shareholders. Devon Energy's high dividend yield isn't the only reason to buy the stock.

Think Crude Oil Is Going to $100 a Barrel? Then You'll Love These 3 Dividend Stocks.

The Securities and Exchange Commission and Federal Trade Commission are evaluating pending oil company consolidations because of antitrust and climate related concerns. The ExxonMobil XOM acquisition of Pioneer Natural Resources PXD and Chevron's CVX acquisition of Hess are at the top of their list.

Federal Agencies Target ExxonMobil And Chevron Acquisitions

Even during the best of times, oil and natural gas prices are volatile. During turbulent times, energy commodities can rise and fall with shocking speed.

2 No-Brainer Oil Stocks to Buy With $1,000 Right Now

Chevron (CVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Chevron (CVX) Q1 Earnings Expected to Decline

Chevron is launching its third venture capital fund focused on the future of energy. The oil company has invested in several innovative energy technology companies over the years.

Chevron the Venture Capitalist: The Oil Giant Is Pumping $500 Million Into the Future of Energy

Apple

American Express

Bank of America

Kraft Heinz

Warren Buffett's Berkshire Hathaway has more than $10 billion invested in seven stocks, but Apple is its largest holding by a wide margin. Apple is losing market share to smartphone competitors in China, and the European Union's Digital Markets Act could weaken its ability to monetize the App Store.

Warren Buffett Has Over $10 Billion Invested in 7 Stocks. Here's the Best Stock to Buy Right Now, According to Wall Street.

Liberty Media Corp-Liberty SiriusXM

Renowned investor Warren Buffett, the founder and CEO of Berkshire Hathaway (NYSE: BRK.A), has long been associated with his strategic investment approach, particularly a preference for companies with a strong track record of paying dividends.

News for Chevron Stock (CVX)