Chevron Corporation

Equities

CVX

US1667641005

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:02:11 2024-05-06 pm EDT			5-day change	1st Jan Change
162.3 ^USD	+1.28%		-2.42%	+8.81%

08:59am	Saudi Aramco Net Income Falls on Declining Crude Oil Volumes -- Update	DJ
May. 06	Exxon, Chevron CEOs seek clear rules on US clean energy subsidies	RE

Chevron Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

April 26, 2024 at 06:16 am EDT

Chevron Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 46,580 million compared to USD 48,842 million a year ago. Revenue was USD 48,716 million compared to USD 50,793 million a year ago.

Net income was USD 5,501 million compared to USD 6,574 million a year ago. Basic earnings per share from continuing operations was USD 2.99 compared to USD 3.48 a year ago. Diluted earnings per share from continuing operations was USD 2.97 compared to USD 3.46 a year ago.

Latest news about Chevron Corporation

Saudi Aramco Net Income Falls on Declining Crude Oil Volumes -- Update	02:59am	DJ
Exxon, Chevron CEOs seek clear rules on US clean energy subsidies	May. 06	RE
Sector Update: Energy Stocks Advance Late Monday Afternoon	May. 06	MT
Chevron CEO says energy transition will have inflationary impact	May. 06	RE
Exxon Mobil, Chevron Arbitration Expected to Extend Into 2025, Exxon CEO Says	May. 06	MT
Sector Update: Energy Stocks Rise in Monday Afternoon Trading	May. 06	MT
Chevron Chief Executive Forecasts Surge in Natural Gas Demand Amid Rising Data Center Electricity Needs	May. 06	MT
Exxon Mobil Expects Chevron Arbitration Over Guyana Asset to Go Into 2025, CEO Says	May. 06	MT
India's Reliance renews bid for US license to import Venezuelan oil, sources say	May. 06	RE
Chevron arbitration to go into 2025, Exxon CEO Woods tells CNBC	May. 06	RE
Oil production at Kazakhstan's Tengiz down by a quarter in early May, source says	May. 06	RE
Warren Buffett's successor Greg Abel seen preserving Berkshire's culture	May. 06	RE
Shell Registers Deceptive Carbon Credits Under Canadian Subsidy Scheme	May. 06	MT
Big Oil finds more to love in deepwater exploration fields	May. 05	RE
Berkshire posts record operating profit, net declines	May. 04	RE
Chevron works to resume full production at Gorgon LNG after mechanical fault	May. 03	RE
CHEVRON AUSTRALIA: DOMESTIC GAS AND OTHER TWO LNG TRAINS AT GORG…	May. 03	RE
CHEVRON AUSTRALIA: REPAIR ACTIVITIES HAVE COMMENCED AND ARE EXPE…	May. 03	RE
CHEVRON AUSTRALIA: WORKING TO RESUME FULL PRODUCTION FROM GORGON…	May. 03	RE
Citigroup Raises Chevron's Price Target to $155 From $148	May. 02	MT
Biggest oil and gas sector deals since start of the century	May. 02	RE
US FTC order bans Exxon Mobil, Pioneer Natural Resources deal	May. 02	RE
Shell Beats Forecasts on Gas-Trading Resilience; Launches $3.5 Billion Buyback -- 3rd Update	May. 02	DJ
Iran slaps sanctions on US, UK over Israel support	May. 02	AN
Baker Hughes builds first Namibian mud plant as exploration surges	May. 02	RE

Chart Chevron Corporation

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Company Profile

Chevron Corporation is one of the world leading oil and gas groups. Net sales break down by activity as follows: - refining and distribution (73.1%): at the end of 2022, owned 8 refineries (2.6 million barrels of products sold per day) and a network of 13,800 service stations under the brands Chevron, Texaco, and Caltex throughout the world. The group is also involved in oil and natural gas transportation and production of petrochemical and plastic products; - exploration and production of oil and natural gas (26.8%): 1.2 million barrels of crude oil, 0.3 million barrels of liquefied natural gas, and 199.6 million m3 of natural gas produced per day in 2022; - other (0.1%): primarily electricity production. 54.5% of net sales are abroad.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-15 - Ex-dividend day

Related indices

Dow Jones Industrial , S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

Chevron CEO Mike Wirth: Record production in the first quarter

April 29, 2024 at 04:35 pm EDT

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Ratings for Chevron Corporation

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

162.3 USD

Average target price

183.1 USD

Spread / Average Target

+12.82%

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Quarterly earnings - Rate of surprise

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