earnings
confidence high
sentiment positive
materiality 0.75
Chevron Q4 earnings $2.8B ($1.39/sh) down from $3.2B YoY; dividend raised 4% to $1.78
CHEVRON CORP
2025-FY EPS reported
$6.63
revenue$189,031,000,000
- Adjusted Q4 EPS $1.52 vs $2.06 YoY; full-year adj. EPS $7.29 vs $10.05.
- Cash flow from operations hit $33.9B for 2025, highest at similar commodity prices; adjusted free cash flow $4.2B in Q4.
- Worldwide net oil-equivalent production set record at 4,045 MBOED in Q4, up 21% YoY; Hess added 261 MBOED in 2025.
- Board declared quarterly dividend of $1.78, a 4% increase, payable March 10, 2026; 39th consecutive year of payout growth.
- Achieved $1.5B structural cost reductions in 2025; target $3-4B by end-2026; reserve replacement ratio 158%.