secwatch.observer — SEC 8-K summary
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Issuer:     CHEVRON CORP (CVX)
CIK:        0000093410
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0000093410-24-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93410/000009341024000006/0000093410-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93410/000009341024000006/cvx-20240202.htm
  HTML page:      https://secwatch.observer/filing/0000093410-24-000006

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