---
schema_version: "secwatch.filing_event.v1"
accession: "0000093410-23-000063"
form_type: "8-K"
ticker: "CVX"
cik: "0000093410"
company_name: "CHEVRON CORP"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T07:36:46.282525+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Chevron Q1 2023 earnings $6.6B, EPS $3.46; adjusted EPS $3.55

## Summary
- Revenue $48.8B vs $52.3B a year ago; earnings up 5% YoY from $6.3B.
- Cash flow from operations $7.2B; free cash flow $4.2B; capex $3.0B (+55% YoY).
- Shareholder returns $6.6B including $3.75B buybacks; dividend raised 6% to $1.51/share.
- Upstream earnings $5.16B (-26% YoY) on lower realizations; production -3% to 2,979 MBOED.
- Downstream earnings $1.8B (vs $0.33B YoY) on higher refining margins; Mad Dog 2 achieved first oil.

## SEC filing metadata
- accession: 0000093410-23-000063
- form_type: 8-K
- ticker: CVX
- cik: 0000093410
- company_name: CHEVRON CORP
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93410/000009341023000063/0000093410-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93410/000009341023000063/cvx-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093410-23-000063
- JSON: https://secwatch.observer/filing/0000093410-23-000063.json
- Plain text: https://secwatch.observer/filing/0000093410-23-000063.txt

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