---
schema_version: "secwatch.filing_event.v1"
accession: "0000093410-23-000003"
form_type: "8-K"
ticker: "CVX"
cik: "0000093410"
company_name: "CHEVRON CORP"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:39:30.115176+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Chevron Q4 GAAP EPS $3.33, adj. EPS $4.09; board authorizes $75B buyback

## Summary
- 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.

## SEC filing metadata
- accession: 0000093410-23-000003
- form_type: 8-K
- ticker: CVX
- cik: 0000093410
- company_name: CHEVRON CORP
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93410/000009341023000003/0000093410-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93410/000009341023000003/cvx-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093410-23-000003
- JSON: https://secwatch.observer/filing/0000093410-23-000003.json
- Plain text: https://secwatch.observer/filing/0000093410-23-000003.txt

## Key facts
- Earnings Releases
  CHEVRON CORP reported fourth quarter 2022 results: net income $6.4 billion, EPS $3.33 per share - diluted.
  - Period: fourth quarter 2022
  - Net income: $6.4 billion
  - EPS: $3.33 per share - diluted
  - Result: reported results
  source text: On January 27, 2023, Chevron Corporation (the “Company”) issued a news release announcing unaudited fourth quarter 2022 earnings of $6.4 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000003/0000093410-23-000003-index.htm
- Earnings Releases
  CHEVRON CORP reported year ended December 31, 2022 results: net income $35.5 billion, EPS $18.28 per share - diluted.
  - Period: year ended December 31, 2022
  - Net income: $35.5 billion
  - EPS: $18.28 per share - diluted
  - Result: reported results
  source text: Chevron reported full-year 2022 earnings of $35.5 billion ($18.28 per share - diluted), compared with $15.6 billion ($8.14 per share - diluted) in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000003/0000093410-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.