earnings
confidence high
sentiment positive
materiality 0.85
Chevron Q4 GAAP EPS $3.33, adj. EPS $4.09; board authorizes $75B buyback
CHEVRON CORP
2022-FY EPS reported
$18.28
revenue$246,252,000,000
- Q4 earnings $6.4B ($3.33 diluted EPS) vs $5.1B year ago; adj. earnings $7.9B ($4.09).
- Full-year 2022 earnings $35.5B, record cash flow from ops $49.6B, free cash flow $37.6B.
- Record annual U.S. production of 1.2M boe/d; Permian up 16% YoY.
- Quarterly dividend raised 6% to $1.51/share; new $75B share repurchase program effective April 1, 2023.
- Debt ratio 12.8%, net debt ratio 3.3%; ROCE 20.3%, highest since 2011.