Chevron Q4 2023 GAAP earnings $2.3B, adjusted $6.5B; dividend raised 8%

CHEVRON CORP

2023-FY EPS reported $11.36 revenue$200,949,000,000

Reported earnings of $2.3B ($1.22/diluted share) vs $6.4B a year ago; adjusted earnings of $6.5B ($3.45/diluted).
Record $26.3B cash returned to shareholders in 2023; $14.9B in buybacks, $11.3B in dividends.
Record annual worldwide net oil-equivalent production of 3.12M boe/d (U.S. up 14% vs 2022).
Board declared 8% quarterly dividend increase to $1.63/share, payable March 11, 2024.
U.S. upstream loss $1.35B in Q4 due to $1.8B impairments and $1.9B decommissioning obligations.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CHEVRON CORP reported fourth quarter 2023 results: net income $2.3 billion, EPS $1.22 per share - diluted.

Period: fourth quarter 2023
Net income: $2.3 billion
EPS: $1.22 per share - diluted
Result: reported results

Exact text from the filing

On February 2, 2024 , Chevron Corporation (the “Company”) issued a news release announcing unaudited fourth quarter 2023 earnings of $2.3 billion.

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18 earnings releases filed in the last 30 days. Browse all earnings releases →

CHEVRON CORP filing history →

Source: SEC EDGAR

accession 0000093410-24-000006

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