Chevron CORP 10-Q quarterly reports

Chevron Corporation announced robust financial results for the second quarter of 2026, with net income soaring to $12.1 billion, driven by strong upstream and downstream segment performance.

Chevron Corporation reported a decrease in net income for the first quarter of 2026 compared to the prior year, driven by lower downstream margins and unfavorable timing effects, despite an increase in upstream production.

Chevron Corporation reported a significant decline in third-quarter and year-to-date net income, primarily due to lower liquids realizations and affiliate earnings, despite increased production and an improved downstream segment, while integrating the Hess Corporation acquisition.

Chevron Corporation reported a significant decline in second-quarter and year-to-date earnings, primarily driven by lower liquids realizations and reduced equity affiliate income, despite strategic advancements.

Chevron's first quarter 2025 earnings decreased compared to the previous year, primarily due to lower crude oil and refined product prices, decreased earnings from equity affiliates, and the ongoing acquisition of Hess Corporation.

Chevron's third-quarter earnings for 2024 decreased compared to the same period last year, primarily due to lower downstream margins and upstream realizations.

Chevron's second-quarter earnings fell compared to the previous year due to lower downstream margins and increased operating expenses, despite higher upstream sales volumes and realizations.

Chevron's first quarter 2024 earnings decreased to $5.5 billion, primarily due to lower downstream margins, despite an increase in upstream production.