CHEVRON CORP
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 21, 2025
CVX$210.78-0.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Quarterly Results
Financial Table of Contents
Quarterly Results
Unaudited
| 2024 | 2023 | |||||||
|---|---|---|---|---|---|---|---|---|
| Millions of dollars, except per-share amounts | 4th Q | 3rd Q | 2nd Q | 1st Q | 4th Q | 3rd Q | 2nd Q | 1st Q |
| Revenues and Other Income | ||||||||
| Sales and other operating revenues | $48,334 | $48,926 | $49,574 | $46,580 | $48,933 | $51,922 | $47,216 | $48,842 |
| Income from equity affiliates | 688 | 1,261 | 1,206 | 1,441 | 990 | 1,313 | 1,240 | 1,588 |
| Other income (loss) | 3,204 | 482 | 401 | 695 | (2,743) | 845 | 440 | 363 |
| Total Revenues and Other Income | 52,226 | 50,669 | 51,181 | 48,716 | 47,180 | 54,080 | 48,896 | 50,793 |
| Costs and Other Deductions | ||||||||
| Purchased crude oil and products | 30,148 | 30,450 | 30,867 | 27,741 | 28,477 | 32,328 | 28,984 | 29,407 |
| Operating expenses | 7,622 | 6,695 | 6,614 | 6,533 | 6,510 | 6,299 | 6,057 | 6,021 |
| Selling, general and administrative expenses | 1,585 | 1,191 | 1,048 | 1,010 | 969 | 1,163 | 1,128 | 881 |
| Exploration expenses | 449 | 154 | 263 | 129 | 254 | 301 | 169 | 190 |
| Depreciation, depletion and amortization | 4,973 | 4,214 | 4,004 | 4,091 | 6,254 | 4,025 | 3,521 | 3,526 |
| Taxes other than on income | 1,141 | 1,263 | 1,188 | 1,124 | 1,062 | 1,021 | 1,041 | 1,096 |
| Interest and debt expense | 199 | 164 | 113 | 118 | 120 | 114 | 120 | 115 |
| Other components of net periodic benefit costs | 50 | 49 | 48 | 48 | 44 | 91 | 39 | 38 |
| Total Costs and Other Deductions | 46,167 | 44,180 | 44,145 | 40,794 | 43,690 | 45,342 | 41,059 | 41,274 |
| Income (Loss) Before Income Tax Expense | 6,059 | 6,489 | 7,036 | 7,922 | 3,490 | 8,738 | 7,837 | 9,519 |
| Income Tax Expense (Benefit) | 2,800 | 1,993 | 2,593 | 2,371 | 1,247 | 2,183 | 1,829 | 2,914 |
| Net Income (Loss) | $3,259 | $4,496 | $4,443 | $5,551 | $2,243 | $6,555 | $6,008 | $6,605 |
| Less: Net income (loss) attributable to noncontrolling interests | 20 | 9 | 9 | 50 | (16) | 29 | (2) | 31 |
| Net Income (Loss) Attributable to Chevron Corporation | $3,239 | $4,487 | $4,434 | $5,501 | $2,259 | $6,526 | $6,010 | $6,574 |
| Per Share of Common Stock | ||||||||
| Net Income (Loss) Attributable to Chevron Corporation | ||||||||
| – Basic | $1.85 | $2.49 | $2.43 | $2.99 | $1.23 | $3.48 | $3.22 | $3.48 |
| – Diluted | $1.84 | $2.48 | $2.43 | $2.97 | $1.22 | $3.48 | $3.20 | $3.46 |
| Dividends per share | $1.63 | $1.63 | $1.63 | $1.63 | $1.51 | $1.51 | $1.51 | $1.51 |
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