secwatch.observer — SEC 8-K summary
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Issuer:     CHEVRON CORP (CVX)
CIK:        0000093410
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0000093410-23-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93410/000009341023000063/0000093410-23-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93410/000009341023000063/cvx-20230428.htm
  HTML page:      https://secwatch.observer/filing/0000093410-23-000063

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer