Highest-materiality recent filing
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 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 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 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).
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 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 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 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-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.
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