Chevron Q4 2024 earnings $3.2B; raises dividend 5% to $1.71/share

CHEVRON CORP

2024-FY EPS reported $9.72 revenue$202,792,000,000

Q4 reported earnings $3.2B ($1.84 EPS) vs $2.3B ($1.22) year ago; adjusted earnings $3.6B ($2.06 EPS).
Record full-year worldwide production 3,338 MBOED (+7% YoY); U.S. production up 19% to a record.
Returned record $27B to shareholders in 2024 ($15.2B buybacks + $11.8B dividends); quarterly dividend raised 5% to $1.71.
Hess merger cleared FTC review and secured stockholder approval; closed asset sales in Canada, Congo, and Alaska.

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