Chevron Corporation
NYSE•CVX
CEO: Mr. Michael K. Wirth
Sector: Energy
Industry: Oil & Gas Integrated
Listing Date: 1921-06-24
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.
Contact Information
Market Cap
$371.88B
P/E (TTM)
30.1
43.2
Dividend Yield
3.7%
52W High
$191.56
52W Low
$132.04
52W Range
Rank32Top 23.6%
4.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$45.79B-5.27%
4-Quarter Trend
EPS
$1.39-24.04%
4-Quarter Trend
FCF
$5.38B+23.55%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Upstream Earnings Drive Results Upstream segment earnings reached $12.82B USD in 2025, driven by Hess acquisition and Permian growth, despite lower liquids realization.
Operating Cash Flow Increased Cash from operating activities provided $33.94B USD, up from $31.49B USD in 2024, supporting capital spending and dividends.
Dividend Increased Thirty-Eighth Year Annual dividend payout increased to $6.84 USD per share in 2025, marking 38 consecutive years of dividend growth.
Proved Reserves Increased Total proved reserves reached 10.6 billion BOE at year-end 2025, eight percent higher than 2024, boosted by Hess acquisition.
Risk Factors
Commodity Price Volatility Risk Earnings heavily depend on crude oil and natural gas prices, which are outside control, impacting upstream profitability and asset values.
GHG Regulation Increases Costs Evolving legislation targeting GHG emissions could increase operational costs and reduce demand for hydrocarbon products globally.
Hess Acquisition Synergy Realization Success depends on realizing anticipated run-rate synergies and managing operational challenges post-closing in July 2025.
Evolving Cybersecurity Threats Sophisticated criminal and state-sponsored cyberattacks pose risks to IT/OT networks, potentially disrupting operations and causing financial harm.
Outlook
Production Growth Forecast Worldwide oil-equivalent production projected to increase 7 to 10 percent in 2026, including full-year Hess contribution.
Structural Cost Reduction Goal Plans announced to achieve $3-4 billion in structural cost reductions by the end of 2026 through portfolio optimization.
Capex Focused on Upstream Growth 2026 organic Capex projected at $17 billion, heavily allocated to U.S. shale and global offshore developments.
Growing New Energies Businesses Leveraging capabilities to grow oil/gas business while expanding new energies, including lithium exploration and data center power.
Peer Comparison
Revenue (TTM)
$323.91B
$266.38B
$189.34B
Gross Margin (Latest Quarter)
61.0%
47.8%
41.7%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| XOM | $624.39B | 22.5 | 11.0% | 15.6% |
| CVX | $371.88B | 30.1 | 7.3% | 14.4% |
| SHEL | $237.35B | 13.2 | 10.1% | 28.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.3%
Flat Growth
4Q Net Income CAGR
-7.6%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 24, 2026
EPS:$1.51
|Revenue:$45.48B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data