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.

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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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Net PPE

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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

Morgan Stanley

AT&T

2023 has been a mixed year. While growth stocks enjoyed the upside momentum, several industries suffered due to high inflation and low consumer spending.

3 Strong-Buy Dividend Stocks for Promising Passive Income

Chevron is down 20% in 2023 and the supermajor just released capital spending plans for 2024.

Is Chevron Stock A Buy Or A Sell After Closing Out 2023 With Mega Deal And Increasing 2024 Spending Plans?

Exxon Mobil

Exxon Mobil and Chevron have outlined cautious spending plans for 2024, with Exxon leaning on acquired output to maintain growth.

Exxon Mobil, Chevron Bank On Diverging Production Strategies In 2024

Procter & Gamble

Dividend stocks to check out in the stock market right now.

Good Stocks To Buy Right Now? 2 Dividend Stocks To Know

Chevron's (CVX) CEO Mike Wirth downplays military concerns in the Venezuela-Guyana dispute, placing confidence in diplomatic efforts to alleviate tension.

Chevron (CVX) CEO Downplays Venezuela-Guyana Tension

MSC Industrial Direct

Chevron is an oil supermajor with an impressive streak of dividend raises. P&G deserves more credit for its execution the last couple of years.

3 Passive-Income Powerhouses to Buy Before the End of 2023

Hess

Shares of the U.S. oil and gas producer fell nearly 5% to $134.50 last week even as the S&P 500 rose for the sixth straight week. The downturn is significant because it puts Hess more than 20% below Chevron's initial acquisition price of $171.00.

Don't hesitate to trade Hess well below Chevron's buyout price

In the latest trading session, Chevron (CVX) closed at $144.35, marking a +0.03% move from the previous day.

Chevron (CVX) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Alpha Metallurgical Resources

TotalEnergies SE

Energy is a highly cyclical industry, meaning efficient portfolio management dictates frequent sector rebalancing within an alpha-seeking investor's asset mix. Although energy companies have delivered stellar results in recent years, global supply and demand factors are smoothing out.

3 Energy Stocks I Wouldn't Touch With a 10-Foot Pole

Chevron (CVX) and Hess face heightened FTC scrutiny in its $53 billion deal. Antitrust concerns echo in a dynamic regulatory landscape, impacting industry dynamics.

Chevron (CVX)-Hess' $53B Merger Faces Regulatory Scrutiny

Advanced Micro Devices

Hercules Capital

IonQ

MPLX

Runway Growth Finance Corp

SoFi Technologies

Cushing MLP & Infrastructure Total Return Fund

Tesla

I present my secret Santa list of Christmas wish list stocks for 2023 that I expect to outperform the market in 2024.

My 2023 Christmas Wish List And 2022 Wish List Results

AbbVie

Dell Technologies

The rising market in 2023 has not lifted all boats. Some stocks look extremely cheap right now.

The 3 Best Cheap Stocks to Buy in December

APA Corporation

Crude oil prices have been in a downturn, down 27% from recent highs, but technical indicators suggest the bottom may be near. The US may soon replenish its strategic oil reserves, providing support for oil prices. Geopolitical threats and a potential shift in the Fed's monetary stance could also contribute to higher oil prices in the future.

3 Crude Oil Stocks To Buy Now

AstraZeneca

Gilead Sciences

Jefferies Financial Group Inc

Merck

Republic Services

Southern Company

Simon Property Group

This integrated giant is safer for investors looking to get positioned in the energy sector, has backed up some, and now yields a strong 4.17% dividend.

Dividend Lovers Betting Big on 6 Goldman Sachs Top Conviction List Picks for 2024

Apple

Broadcom

Blackrock Inc

Home Depot

Johnson & Johnson

JPMorgan Chase & Co

Coca-Cola

Mastercard

Microsoft

PepsiCo

Schwab US Dividend Equity ETF

iShares 20+ Year Treasury Bond ETF

Texas Instruments

UnitedHealth Group

Visa

Vanguard Dividend Appreciation ETF

Vanguard High Dividend Yield ETF

Verizon

Walmart

The economic cycles have always been with us. But the frequency of boom and bust cycles has certainly increased in the last couple of decades. If the volatility of the stock market keeps you awake at night, this article is for you. The market has been rallying for some time now. Will the bull rally continue in 2024? This article addresses some of the questions and recommends how to invest fresh capital.

How To Invest $100,000 Today In A Sleep Well Portfolio

Chevron is increasing its capital spending for 2024. The oil giant is focusing its investments on high-return capital projects.

Chevron's Brilliant Investment Strategy Could Pay Big Dividends in 2024 and Beyond

Venezuela has begun contacting energy firms involved in an long-idled offshore gas project to push them to begin new exploration and operations near its maritime border with Guyana, five people close to the talks said.

Exclusive: Venezuela prods BP, Chevron to revive gas project near Trinidad, Guyana

Cisco Systems

This is the best time of the year to find quality firms sold because they have disappointed some investors. Or they are sold for tax reasons. Or they are sold because hedge funds, mutual funds, pension funds, etc., do not want to get egg on their face -- or lose their cushy jobs!

Fallen Angels And Devilish Disasters, Part I

Chevron (CVX) faces potential risks regarding its investment in the oil fields off Guyana amid Maduro's annexation threats.

Chevron (CVX) Faces Uncertainty Amid Venezuela-Guyana Dispute

SUGAR LAND, Texas--(BUSINESS WIRE)--Researched by Industrial Info Resources -- Chevron Corporation (NYSE:CVX) (San Ramon, California) has announced an organic capital expenditure (capex) budget of $16 billion for 2024. The spend includes $14 billion for upstream spending, two-thirds of which is allocated to the U.S. Industrial Info is tracking $30 billion worth of active Chevron projects worldwide, including $18 billion worth in the U.S. The $16 billion in projected capex for 2024 is up from th.

Chevron Plans $16 Billion in 2024 Capex, Led by U.S. Upstream

American Express

Bank of America

Occidental Petroleum

Warren Buffett has overseen a nearly 20% annualized return for his company's Class A shares (BRK.A) dating back almost 60 years. Portfolio concentration is the unsung hero of Berkshire Hathaway's $363 billion investment portfolio.

79% of Warren Buffett's $363 Billion Portfolio Is Invested in Just 6 Stocks

ConocoPhillips

Let's address the giant pink elephant in the room regarding oil stocks to buy: hydrocarbon prices are falling like a rock. According to a recent CNBC article, U.S. crude oil fell below $70 a barrel, closing at the lowest level since June.

Oil and Turmoil: 7 Stocks to Capitalize on Geopolitical Moves

News for Chevron Stock (CVX)