---
schema_version: "secwatch.filing_event.v1"
accession: "0000093410-23-000076"
form_type: "8-K"
ticker: "CVX"
cik: "0000093410"
company_name: "CHEVRON CORP"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T23:30:30.656596+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chevron Q2 earnings $6.0B ($3.20/dil) down 48%; record Permian production, $7.2B returned

## Summary
- Adjusted EPS $3.08 vs $5.82 in Q2 2022; revenue $47.2B, down from $65.4B.
- Record Permian production 772,000 boe/d, up 11% YoY; total worldwide production up 2%.
- Record shareholder distributions of $7.2B including $4.4B buybacks, up 37% from year-ago.
- Acquiring PDC Energy all-stock, expected August 2023, adding $1B annual free cash flow.
- Quarterly dividend $1.51/share, payable Sept 11, 2023.

## SEC filing metadata
- accession: 0000093410-23-000076
- form_type: 8-K
- ticker: CVX
- cik: 0000093410
- company_name: CHEVRON CORP
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93410/000009341023000076/0000093410-23-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93410/000009341023000076/cvx-20230728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093410-23-000076
- JSON: https://secwatch.observer/filing/0000093410-23-000076.json
- Plain text: https://secwatch.observer/filing/0000093410-23-000076.txt

## Key facts
- Earnings Releases
  CHEVRON CORP reported second quarter 2023 results: revenue $47.2 billion, net income $6.0 billion, EPS $3.20 per share - diluted.
  - Period: second quarter 2023
  - Revenue: $47.2 billion
  - Net income: $6.0 billion
  - EPS: $3.20 per share - diluted
  - Result: reported results
  source text: to second quarter 2022 primarily due to lower upstream realizations and lower margins on refined product sales. • Sales and other operating revenues in second quarter 2023 were $47.2 billion, down from $65.4 billion in the year-ago period primarily due to lower commodity prices. • Worldwide net oil-equivalent production was up 2 percent from the year-ago quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000076/0000093410-23-000076-index.htm

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