Revenue segments as reported by the company.

Sales and other operating revenues

Income from equity affiliates

Other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating expenses

Exploration expenses

Depreciation, depletion and amortization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Chevron

Texaco, Inc. ("The Texas Company") is an American oil subsidiary of Chevron Corporation. Its flagship product is its fuel "Texaco with Techron". It also owns the Havoline motor oil brand. Texaco was an independent company until its refining operations merged into Chevron Corporation in 2001, at which time most of its station franchises were divested to the Shell Oil Company.

Texaco

Tengizchevroil is a joint venture between Chevron (50% share in the consortium), ExxonMobil (25% share), KazMunayGas (20% share) and LukArco (5% share). The joint venture was formed in April 1993, when the Kazakhstan government granted an exclusive 40-year right to Tengizchevroil LLP (TCO) to develop the Tengiz and Korolevskoye oil fields located in the north-eastern reaches of the Caspian Sea in Kazakhstan.

Tengizchevroil

Wheatstone LNG is a liquefied natural gas plant under construction in the Ashburton North Strategic Industrial Area, which is located 12 kilometres (7.5 mi) west of Onslow, Western Australia. The project is being developed and will be operated by Chevron Australia Pty. Ltd.

Wheatstone LNG

Chevron Corp. engages in the provision of administrative, financial management, and technology support for energy and chemical operations. It operates through the Upstream and Downstream segments. The Upstream segment consists of the exploration, development, and production of crude oil and natural gas, the liquefaction, transportation, and regasification associated with liquefied natural gas, the transporting of crude oil by major international oil export pipelines, the processing, transporting, storage, and marketing of natural gas, and a gas-to-liquids plant. The Downstream segment consists of the refining of crude oil into petroleum products, the marketing of crude oil and refined products, the transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car, and the manufacturing and marketing of commodity petrochemicals and plastics for industrial uses and fuel & lubricant additives. The company was founded in 1906 and is headquartered in San Ramon, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

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Chevron excels in 2022 with record earnings and growth strategies

Chevron's strong financial performance in 2022, focus on capital efficiency, and commitment to lower carbon initiatives position it well for continued growth. While challenges like demand fluctuations and economic risks persist, the company's strategic priorities and disciplined approach to M&A offer avenues for future success.

Chevron reports robust Q1 earnings, navigates challenges, eyes growth

Chevron's Q1 performance reflects resilience amid lower oil prices, with strong earnings and shareholder returns.
The company faces challenges from changing demand patterns and regulatory uncertainties but maintains a disciplined approach.
Opportunities lie in growing jet demand, Permian production, and strategic acquisitions while managing costs effectively.
Chevron's strengths include a robust balance sheet, high-margin assets, and a focus on long-term value creation.
Overall, Chevron's consistent management through cycles positions it well for sustainable growth and shareholder value.

Chevron reports record earnings, eyes renewable energy growth opportunities

Chevron's Q2 earnings call highlighted strong financial performance, operational achievements, and strategic initiatives towards lower carbon emissions. The company's focus on high-return projects, shareholder value, and renewable energy expansion positions it well for future growth. Despite challenges in refining margins and certain operational areas, Chevron remains optimistic about its portfolio and commitment to driving value for shareholders.

Chevron reports lower Q3 earnings, eyes Hess acquisition benefits

Chevron's Q3 performance was impacted by lower earnings but maintained strong shareholder returns and operational progress.
The Hess acquisition and green energy investments signal a strategic shift towards new energies and carbon reduction efforts.
Challenges include lower earnings, production forecasts, and balancing shareholder returns with growth opportunities.
Opportunities lie in long-term growth plans, operational synergies, and strategic integration post-Hess acquisition.

Chevron reports robust 2023 results, eyes Permian growth opportunities

Chevron's 2023 performance showcased strong financial results, operational achievements, and strategic acquisitions. The company's focus on shareholder returns, capital discipline, and growth in key basins positions it well for the future. Challenges in production growth, market dynamics, and operational optimizations are being actively addressed.
Opportunities lie in expanding Permian production, enhancing operational efficiencies, and adapting to market conditions. Chevron's commitment to sustainable practices, value creation, and maximizing shareholder value underpins its strategic direction. The company's balanced approach to growth and returns reflects a resilient and forward-looking energy player.

Chevron reports robust Q1 earnings, navigates challenges for future growth

Chevron's Q1 2024 showcased strong financial performance, operational growth, and strategic investments in renewable energy sectors.
The company faces challenges in managing debt, operational constraints, and political risks while capitalizing on exploration opportunities.
With a focus on reliability, innovation, and responsible development, Chevron aims to maintain production levels and drive future growth.
Progress from acquisitions, divestments, and operational improvements position Chevron for incremental free cash flow and sustainable performance.

Chevron reports robust Q2 earnings, eyes sustainable growth opportunities

Chevron's strong Q2 performance, focus on production growth, and strategic financial priorities position the company for continued success.
While facing challenges in project execution and leadership transitions, Chevron's emphasis on operational efficiency and shareholder value creation remains steadfast.
The company's opportunities lie in sustainable production growth, exploration endeavors, and strategic investments to drive future profitability and competitiveness.

Chevron reports strong Q3 earnings and targets cost-saving initiatives

Chevron's Q3 performance reflects robust earnings, production growth, and strategic cost-saving initiatives. While facing operational challenges in Q4, the company remains focused on optimizing its portfolio and driving efficiency for long-term growth.

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Canadian Natural Resources

Canadian Natural Resources Limited (CNQ, Financial) has announced its agreement to acquire Chevron Canada's 20% stake in the Athabasca Oil Sands Project situated in Alberta, raising its ownership to 90%. This acquisition based on Oil sand mines and a carbon capture facility, will add 62,500 barrels per day of Synthetic Crude Oil to CNQ's production.

Canadian Natural Resources Expands Alberta Footprint with Chevron Asset Buy, Boosts Dividend 7%

Kraft Heinz

Truist Financial

High-yield dividend stocks are returning to the spotlight as interest rates descend from record highs following the Federal Reserve's recent 50-basis-point rate cut. With analysts increasingly bullish on certain large-cap names, there's a compelling case for investors to consider adding these income-generating stocks to their portfolios.

3 High-Yield Dividend Stocks Analysts Favor as Rates Drop

Chevron (CVX, Financial) is selling its stakes in two Canadian shale assets to Canadian Natural Resources (CNQ, Financial) for $6.5 billion in cash. The deal includes a 20% interest in the Athabasca Oil Sands project and a 70% interest in the Duvernay Shale, which together produced 84,000 barrels of oil equivalent per day in 2023.

Chevron Sells Canadian Shale Assets to Canadian Natural Resources for $6.5 Billion

Canadian Natural Resources Limited (TSX:CNQ) is acquiring a 20% interest in the Athabasca Oil Sands Project (AOSP) in Alberta, Canada from Chevron Corporation (NYSE:CVX, ETR:CHV)'s indirect subsidiary Chevron Canada bringing its stake in the project to 90%. Canadian Natural is also acquiring Chevron's 70% operated working interest in Duvernay shale, also located in Alberta.

Canadian Natural Resources acquires Chevron's Alberta assets for $6.5B

Chevron (CVX, Financial) has agreed to sell its stakes in Canadian oil sands and shale assets to Canadian Natural Resources (CNQ) for $6.5 billion. This transaction includes a 20% interest in the Athabasca oil sands project and a 70% share in the Duvernay shale project in Alberta.

Chevron (CVX) Sells Canadian Oil Sands and Shale Assets for $6.5 Billion

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

The company is expected to divest $10 billion to $15 billion of assets by 2028.

Chevron to Sell Oil Sands to Canadian Natural Resources in $6.5 Billion Deal

Chevron's Canada unit plans to sell its stakes in oil sands and shale assets to Canadian Natural Resources for $6.5 billion as part of efforts to achieve divesting goal by 2028.

Chevron to Sell Oil Sands, Shale Assets for $6.5 Billion to Canadian Natural

Exxon Mobil

Shares of major oil companies experienced notable increases. Chevron (CVX) and ExxonMobil (XOM, Financial) both saw their stock prices rise by 1.2%.

Oil Stocks Rise: Chevron, ExxonMobil, and Others Show Gains

The deal is expected to close in the fourth quarter.

Chevron Canada to sell assets to Canadian Natural Resources for $6.5 billion in cash

Johnson & Johnson

PepsiCo

In volatile markets, investors are often reminded of the relative security in dividend stocks. These are considered safe havens that can help you generate strong long-term returns.

3 Undervalued Dividend Stocks Primed for Growth in 2025

Chevron said on Monday that it would sell its non-operated interest in the Athabasca Oil Sands Project and its operated interest in Duvernay shale, all located in Alberta, Canada, to Canadian Natural Resources for $6.5 billion.

Chevron to sell interests in Athabasca Oil Sands and Duvernay shale to Canadian Natural Resources for $6.5 billion

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Canada Limited, an indirect subsidiary of Chevron Corporation (“Chevron”), announced today that it and a related entity have entered into a definitive agreement to sell their 20 percent non-operated interest in the Athabasca Oil Sands Project, 70 percent operated interest in the Duvernay shale, and related interests, all located in Alberta, Canada, to Canadian Natural Resources Limited. The US$6.5 billion all-cash transaction has an effective date of.

Chevron Announces US$6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale

I believe Chevron Corporation is a great value pick in the oil and gas industry due to its strong production prospects in 2025/26, financial stability, and discounted valuation. Despite recent profit declines, Chevron's balance sheet remains solid with $9 billion in cash and a low net debt-to-equity ratio of 10.7%. Chevron's strategic acquisitions and focus on the Permian Basin are expected to drive significant production growth, aiming for 4 million barrels per day by 2027.

Chevron: Think Of The Future - Buy

Devon Energy

Enbridge

No matter how you want to play the energy sector, you have good options. Here are three of the top picks.

3 Top Energy Stocks to Buy in October

Amgen

Amazon

Boeing

Salesforce

Cisco Systems

Disney

Dow Inc

Goldman Sachs

Honeywell

Intel

Coca-Cola

Merck

Microsoft

NIKE

Verizon

"The Dow® [adds a stock] if the company has an excellent reputation,

Buy 2 October Dogs Of The Dow And Watch 5 More

APA Corporation

ConocoPhillips

EOG Resources

Diamondback Energy

Halliburton

Marathon Petroleum

Matador Resources

Occidental Petroleum

Schlumberger

Valero Energy

Viper Energy Partners LP

Oil stocks are looking to move higher, with Halliburton in the mix.

If Oil Prices Jump Past This Level On Middle East Tensions These Stocks Could Kick Into Overdrive

Philip Morris

Now that the Federal Reserve (the Fed) has cut interest rates by 50 basis points, the financial sector yields for treasury bonds and savings accounts are becoming less attractive for investors and customers. For this reason, portfolios should now have a preference for stocks that offer potential growth in the coming quarters alongside enough dividend income to cushion any of the low-rate side effects.

Best Stocks for Growth and Income: Top 3 Picks for Your Portfolio

Albemarle

D.R. Horton

Shopify

This basket of growth stocks, value stocks, and a high-yield dividend stock can help round out your portfolio this fall.

5 Top Stocks to Buy in October

Ares Capital

Bank of America

Citigroup

HSBC Holdings

JPMorgan Chase & Co

Altria

Realty Income Corp

Repsol SA

Companies that pay sustainable dividends not only offer dividend income, but also position your portfolio for capital appreciation. I will introduce you to 10 high dividend yield companies with sustainable dividends and an attractive Valuation that are worth considering investing in during the month of October 2024. Each pick could be a strategic component to raise your portfolio's Weighted Average Dividend Yield while simultaneously contributing to reducing volatility.

My Top 10 High Dividend Yield Companies For October 2024: One Yields More Than 9%

News for Chevron Stock (CVX)