Highest-materiality recent filing
Chevron shareholders elect all 12 director nominees, approve say-on-pay and auditor ratification
All 12 director nominees elected with 92.4% to 99.3% support; highest vote getter John B. Hess at 99.3%.
Chevron CLO R. Hewitt Pate to resign effective Dec 31, 2026, retire June 2027
Pate notified board on May 27, 2026 of resignation as Chief Legal Officer.
Chevron Q1 2026 earnings $2.2B, down from $3.5B YoY; adjusted $2.8B; returns $6B to shareholders
Reported diluted EPS $1.11 vs $2.00 YoY; adjusted EPS $1.41 vs $2.18.
Chevron Q1 2026 guidance: $2.7-3.7B negative timing effects, legal charge $350-400M
Timing effects expected to negatively impact Q1 earnings $2.7B-$3.7B, mostly in Downstream, to unwind later.
Chevron amends bylaws to let non-employee directors, including John Hess, elect Chairman
Board approved amended bylaws on March 25, 2026, effective same day.
Chevron Q4 earnings $2.8B ($1.39/sh) down from $3.2B YoY; dividend raised 4% to $1.78
Adjusted Q4 EPS $1.52 vs $2.06 YoY; full-year adj. EPS $7.29 vs $10.05.
Chevron increases CEO Wirth's base salary to $1.975M; approves $23M equity grant
CEO Wirth base salary raised $75K to $1.975M; CFO Bonner to $1.1M (+$50K), Vice Chair Nelson to $1.35M (+$25K), CLO Pate to $1.25M (+$50K).
Chevron appoints Thomas W. Horton to board of directors, effective Jan. 27, 2026
Thomas W. Horton, age 64, partner at Global Infrastructure Partners, joins Chevron board and Audit Committee.
Chevron to sell Hess toy truck business to John Hess for $40k; Hess trademarks for $863k
Hess Corp. sold ToyCo (toy truck assets) to John Hess for $40,000, effective April 1, 2026.
Chevron USA issues $154M floating-rate notes due 2075 at SOFR minus 45 bps
Chevron U.S.A. Inc. issued $154,204,000 Floating Rate Notes due December 9, 2075.
Chevron appoints Upstream and Downstream Presidents, modernizes officer titles
Robert C. Neff, Jr. becomes President, Upstream; Andrew B. Walz named President, Downstream, Midstream and Chemicals.
Chevron announces Controller transition; Knowles to retire, Ghai appointed effective March 2026
Alana K. Knowles resigns as Controller effective Feb 28, 2026, ahead of planned retirement in April 2026.
Chevron Q3 earnings $3.5B, down 22% YoY; record production 4.1M BOE/day
GAAP EPS $1.82 vs $2.48 year ago; adjusted EPS $1.85 vs $2.51.
Chevron estimates Q3 Hess acquisition after-tax loss of $(200)-(400)M, adjusted earnings $50-150M
Hess-related after-tax loss $(200)-(400)M; excluding severance/transaction costs, adjusted earnings $50-150M.
Chevron subsidiary issues $5.5B in notes across seven tranches; guaranteed by Chevron Corp
Issued $5.5B total across 7 tranches: $500M 3.950% '27, $650M 4.050% '28, $600M SOFR+57bps '28-B, $1.2B 4.300% '30, $400M SOFR+82bps '30, $1.25B 4.500% '32, $900M 4.850% '35.
Chevron Q2 earnings fall to $2.5B ($1.45/share) from $4.4B; Permian production record 1M BOE/d
Net earnings $2.5B ($1.45 diluted EPS) vs $4.4B ($2.43) a year ago; adjusted earnings $3.1B ($1.77).
John B. Hess appointed to Chevron Board, effective July 28; will join Public Policy and Sustainability Committee.
Chevron completes acquisition of Hess Corporation on July 18, 2025
Chevron now owns a 30% interest in the Guyana Stabroek Block with over 11 billion barrels of discovered recoverable resources.
Chevron shareholders approve officer exculpation charter amendment; elect directors
Charter amendment to eliminate monetary liability of certain officers approved with 62.51% of outstanding shares (1.09B for, 127M against).
Chevron Q1 earnings fall to $3.5B ($2.00/sh) from $5.5B; adjusted EPS $2.18
Reported net income of $3.5B ($2.00 diluted EPS) vs $5.5B ($2.97) in Q1 2024.
Chevron buys 15.38M Hess shares (4.99% stake) at discount to merger exchange ratio
Purchased 15.38M Hess shares Jan-Mar 2025, ~4.99% of outstanding Hess common stock as of Jan 31, 2025.
Chevron U.S.A. issues $5.5B in notes across seven tranches, maturities 2027-2035
Aggregate $5.5B includes $750M 4.405% notes due 2027, $1B 4.475% due 2028, $1.1B 4.687% due 2030.
Chevron Q4 2024 earnings $3.2B; raises dividend 5% to $1.71/share
Q4 reported earnings $3.2B ($1.84 EPS) vs $2.3B ($1.22) year ago; adjusted earnings $3.6B ($2.06 EPS).
Chevron 2025 exec comp: CEO salary flat at $1.9M; CFO Bonner gets $50k raise & $4.3M equity grant
CEO Wirth base salary unchanged at $1.9M; CIP target stays at 165%; equity grant target $17.5M.
Removed Article IV, Section 3 requiring director to submit resignation if failing to receive majority vote in uncontested elections.
Chevron Q3 earnings $4.5B, down 31% YoY; returns record $7.7B to shareholders
Reported earnings $4.5B ($2.48/diluted EPS) vs $6.5B ($3.48) in Q3 2023; adjusted EPS $2.51.
Chevron sells Alberta oil sands & shale assets to Canadian Natural Resources for US$6.5B
Sale of 20% non-operated interest in Athabasca Oil Sands Project and 70% operated interest in Duvernay shale.
Chevron-Hess merger clears FTC antitrust review; key closing condition satisfied
FTC accepted consent agreement on Sep 30, 2024, completing antitrust review.
Chevron Q2 2024 earnings $4.4B ($2.43 EPS) vs $6.0B year ago; adjusted $4.7B
Worldwide net oil-equivalent production up 11% YoY to 3,292 MBOED; record Permian output.
Chevron relocates HQ to Houston, announces multiple senior leadership retirements and appointments
Headquarters moves from San Ramon, CA to Houston, TX effective Jan 1, 2025; CEO and Vice Chairman relocate by end of 2024.
Chevron-Hess merger arbitration hearing set for May 2025; decision within 3 months
Arbitration merits hearing for Stabroek ROFR scheduled for May 2025, decision expected within 3 months.
Chevron announces 2024 annual meeting voting results; all directors elected
All 12 director nominees elected with between 93.7% and 98.4% votes for.
On May 27, 2026, R. Hewitt Pate notified the Board of Directors of Chevron Corporation (“Chevron”) of his decision to resign as Chief Legal Officer of Chevron, effective December 31, 2026, in connection with his expected retirement in June 2027.
To support a smooth transition of his responsibilities, on October 1, 2024, Mr. Hearne will assume the role of Executive Vice President, Senior Advisor, a position that he will hold until his retirement from the Company.
A. Nigel Hearne will resign from his position as Executive Vice President, Oil, Products & Gas effective October 1, 2024, and retire from the Company on or about February 14, 2025.
Mark A. Nelson, the Company’s Vice Chairman, will also assume the position of Executive Vice President, Oil, Products & Gas, effective October 1, 2024.
Max materiality 0.95 · Median 0.55 · Most common event other_material