Chevron Q2 2024 earnings $4.4B ($2.43 EPS) vs $6.0B year ago; adjusted $4.7B

CHEVRON CORP

2024-Q2 EPS reported $5.40 revenue$99,897,000,000

Worldwide net oil-equivalent production up 11% YoY to 3,292 MBOED; record Permian output.
Returned $6.0B to shareholders: $3.0B dividends + $3.0B buybacks; $50B over two years.
U.S. upstream earnings $2.16B (+$521M YoY) on higher volumes; international down $987M.
Downstream combined earnings $597M vs $1,507M a year ago on lower refining margins.
Quarterly dividend declared $1.63/share payable Sept. 10, 2024, unchanged from prior.

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