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.

Revenue

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 Corporation  HES and Chevron Corporation  CVX shares are trading higher on Tuesday.

Analyst Questions 'What Could Hess Be Worth?' As Chevron Advances In Acquisition Efforts

ConocoPhillips

Exxon Mobil

ExxonMobil, Chevron and ConocoPhillips paid more than $42 billion to foreign governments in 2023, eight times more than what they paid in the United States, according to new SEC disclosures.

3 U.S. Oil Majors Reveal $42 Billion in Foreign Payments in 2023

Shell PLC

TotalEnergies SE

Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the face of a drop in oil prices after more than two years of bumper profits, analysts said.

Big oil's big payouts under strain as energy prices fall

CVX's merger with Hess clears FTC review but John Hess steps into an advisory role after the FTC blocks his board appointment over OPEC-related concerns.

Chevron-Hess Merger Advances, FTC Blocks John Hess' Board Role

Honeywell

Collaboration aims to enhance refining operations and workforce with advanced AI-Assisted technologies, including a new generation of alarm management solutions HOUSTON , Oct. 1, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced a strategic collaboration with Chevron (NYSE: CVX) to develop advanced artificial intelligence (AI)-Assisted solutions to help operators make decisions to enhance efficiency for refining processes and improve safety within the industrial automation space. These are among the new AI solutions Honeywell launched today to assist and help improve operator performance, optimize productivity and increase reliability as companies continue their journey to autonomous operations.

HONEYWELL AND CHEVRON COLLABORATE ON AI-ASSISTED SOLUTIONS FOR REFINING PROCESSES

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, November 1, 2024, at 11:00 a.m. ET (8:00 a.m. PT). Conference Call Information: Date: Friday, November 1, 2024 Time: 11:00 a.m. ET / 8:00 a.m. PT Dial-in # (Listen-only mode): 888-256-9157 Conference ID #: 8860912 Speakers: Mike Wirth – Chairman of the Board and Chief Executive Officer Eimear Bonner – Vice President and Chi.

Advisory: Chevron Corporation's 3Q 2024 Earnings Conference Call and Webcast

The Federal Trade Commission (FTC) on Monday cleared Chevron's (CVX) $53 billion acquisition of Hess (HES), but barred Hess CEO John Hess from joining Chevron's board, citing concerns about his previous communications with Organization of Petroleum Exporting Countries (OPEC) officials.

FTC Clears Chevron-Hess Merger, But Bans Hess CEO From Joining Board

The FTC on Monday alleged that John Hess encouraged senior officials at OPEC to draw down inventories, which would result in higher oil prices. Hess Corp. and Chevron have agreed that they will not appoint Hess to the board in order to facilitate the completion of the merger.

FTC clears Chevron-Hess deal, bans John Hess from board

NEW YORK--(BUSINESS WIRE)--Hess Announces HSR Clearance Of Chevron-Hess Merger.

Hess Announces HSR Clearance Of Chevron-Hess Merger

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company's merger with Hess Corporation (NYSE: HES), satisfying a key closing condition for the transaction. “This is an important step toward completing the merger, which will benefit our shareholders, the industry, and the country of Guyana, and add world class assets to our already advantaged portfolio,” said Chevron Chairman and CEO Mike Wir.

Chevron-Hess Merger Clears FTC Antitrust Review

The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board.

FTC allows Chevron-Hess deal, bars John Hess from board

Challenger Energy Group PLC (AIM:CEG, OTC:BSHPF) chief executive Eytan Uliel called the firm's first half of 2024 “truly transformational”, as its farm-out deal with Chevron promises to unlock a high impact exploration project. In March, Challenger unveiled the Chevron partnership for the OFF-1 licence, in Uruguay, and the transaction is now advancing to completion.

Challenger Energy interims cheer “truly transformational” half, looks forward to completing Chevron deal

Alexandria Real Estate Equities

Artesian Resources

Cullen/Frost Bankers

EOG Resources

Global Medical REIT

Invesco QQQ

iShares 0-3 Month Treasury Bond ETF

The stock market appears richly valued, with REITs and utilities outperforming tech stocks since the June CPI report, reflecting a defensive, yield-oriented investor shift. I plan to allocate dividends to the iShares 0-3 Month Treasury ETF for stability and also buy 8 dividend stocks, including a brand-new position. My dividend growth projection guesstimate involves analyzing management's earnings growth expectations, payout ratios, historical dividend growth, and potential obstacles.

8 Dividend Stocks I'm Buying In October (Including A New Holding)

Adams Diversified Equity Fund

ArrowMark Financial

Calamos Strategic Total Return Fund

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Tax-Managed Diversified Equity Income Fund

abrdn Life Sciences Investors 

India Fund Inc

JPMorgan Chase & Co

New Linde PLC

Eli Lilly

Marathon Oil

Adams Natural Resources Fund Inc

LMP Capital and Income Fund

Liberty All Star Equity Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 9% Plus Yield (September 2024)

Chevron is the fifth-biggest position in Warren Buffett's portfolio. If you're bullish on energy, this stock is a no-brainer buy right now.

1 No-Brainer Energy Stock to Buy Right Now for Less Than $200

Trinity Capital

Essential Utilities

Both major US presidential candidates are promoting fiscal irresponsibility and avoiding necessary reforms to entitlement programs, which are the primary drivers of future government spending growth. Domestic net national saving is consistently negative, making the US highly reliant on foreign inflows to sustain fiscal policies, reminiscent of the Great Financial Crisis. Howard Marks emphasizes that politicians' promises often clash with economic realities, highlighting issues like inflation, rent control, and the refusal to reform Social Security.

A Hiker's Guide To Investing In Today's Market

American States Water

British American Tobacco

California Water Service Group

Diageo

Federal Realty Investment Trust

Altria

National Fuel Gas

Polaris

Sysco

First Financial

Tompkins Financial

T. Rowe Price Group

The market keeps hitting record highs, and many investors fear putting new money to work. It's always a market of stocks, not a stock market. Wonderful blue-chip bargains are always on sale if you know where to look. Here are the 14 dividend aristocrats that are 15%-plus historically undervalued, representing super growth at a reasonable price.

14 Incredible High-Yield Dividend Aristocrat Bargain Buys For October

Chevron has raised its dividend for 37 consecutive years. The stock currently yields 4.4%, supported by strong fundamentals.

What Is The Dividend Payout for Chevron?

Berkshire Hathaway reduced its positions in nine stocks in Q2 and completely exited two others. Income investors would probably say good riddance to several of the stocks Buffett's company sold in Q2.

Warren Buffett Sold 11 Stocks in Q2. But 1 Is Still a No-Brainer Buy for Income Investors.

Washington, D.C., Sept. 27, 2024 (GLOBE NEWSWIRE) -- The New Civil Liberties Alliance has filed a Supplemental Brief urging the court to vacate the Industry-Funded Monitoring (IFM) Omnibus Amendment, issued by the New England Fishery Management Council (NEFMC) and applied to nearly all fisheries in the region.

NCLA Pushes Court to Reel in Unlawful Fishery Monitoring Rule After Supreme Court Sinks Chevron Deference

Coca-Cola

Walmart

There is no right age to start planning for retirement and there is no right to call it quits.

If You're Over 50, These Dividend Stocks Are Great Buys

Devon Energy

$70 oil is Chevron's upside scenario. Devon Energy is dirt cheap at $70 oil.

2 Top Oil Stocks to Buy Amid Crude Oil's Slump to $70 a Barrel

Block

John Hess would be prevented from Chevron's board as part of deal for antitrust approval of a Hess-Chevron merger.

News for Chevron Stock (CVX)