secwatch.observer — SEC 8-K summary
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Issuer:     CHEVRON CORP (CVX)
CIK:        0000093410
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0000093410-26-000110
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chevron Q1 2026 earnings $2.2B, down from $3.5B YoY; adjusted $2.8B; returns $6B to shareholders
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- Reported diluted EPS $1.11 vs $2.00 YoY; adjusted EPS $1.41 vs $2.18.
- Worldwide production up 15% YoY to 3,858 MBOED; U.S. production exceeded 2 MBOED for third consecutive quarter.
- Returned $6.0B to shareholders: $2.5B buybacks + $3.5B dividends; quarterly dividend $1.78 payable June 10.
- Downstream segment loss $817M due to unfavorable timing effects of ~$2.9B and $360M legal reserve.
- Capex $4.1B; CFFO $2.5B (incl. higher working capital); adjusted FCF $4.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93410/000009341026000110/0000093410-26-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93410/000009341026000110/cvx-20260501.htm
  HTML page:      https://secwatch.observer/filing/0000093410-26-000110

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