Citable filing context
CVX's research view summarizes recent SEC filing context, starting with earnings from Jul 31, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 31, 2026 | earnings | Chevron reported second quarter 2026 earnings of $12.1 billion, or $6.11 per share. |
| May 29, 2026 | management_change | Chief Legal Officer R. Hewitt Pate will resign effective December 31, 2026, in connection with his retirement. |
| May 29, 2026 | other | Chevron stockholders elected all board nominees and approved the auditor and executive compensation at the 2026 annual meeting. |
| Jul 31, 2026 | Guidance: structural_costs | 3000.00 to 4000.00 |
| Apr 9, 2026 | Guidance: downstream_earnings_legal_charge | -350.00 to -400.00 |
| Apr 9, 2026 | Guidance: timing_effects_on_earnings_and_cash_flow | -2.70 to -3.70 |
| Aug 6, 2026 | mda_quarterly | Chevron Corporation reported strong financial results for the second quarter of 2026, with net income attributable to the company reaching $12.1 billion, compared to $2.5 billion in the same period of 2025. This performance was driven by higher upstream liquids realizations, increased sales volumes—bolstered by the acquisition of Hess Corporation—and improved downstream margins on refined products. Upstream earnings rose significantly to $8.2 billion, supported by record production levels in the Permian Basin and the Gulf of America. However, production was partially offset by curtailments in the Partitioned Zone between Saudi Arabia and Kuwait due to regional conflict. Downstream earnings also saw substantial growth, reaching $4.9 billion, as refineries operated reliably at near-capacity levels. The company successfully achieved its structural cost reduction target of $3 billion in annual run-rate savings six months ahead of schedule. Despite this, management continues to monitor risks, including geopolitical volatility in the Middle East and Venezuela, and ongoing climate change litigation. Chevron maintains a robust balance sheet, with $8.5 billion in cash and cash equivalents and a net debt ratio of 13.1%. The company remains committed to its capital allocation strategy, including share repurchases and dividends, while navigating a complex global energy landscape. |
| May 7, 2026 | mda_quarterly | Chevron Corporation executed substantial share repurchases during the first quarter of 2026. The company bought back a total of 13,996,478 common shares at an average price of $183.79 per share. The majority of these, 13,593,873 shares, were part of a publicly announced program. Monthly repurchase activity saw average prices increase from $165.53 in January to $196.93 in March. The approximate dollar value remaining under the 2023 repurchase program decreased from $36.0 billion at the end of January to $34.0 billion by March 31, 2026. A portion of the repurchased shares included those from executive compensation plans for personal income tax withholdings. |
Source: SEC EDGAR filing text and events; period Jul 31, 2026; filed Jul 31, 2026.
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