CHEVRON CORP
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
View on SEC.govAbout this filing
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$212.61-0.2%Stored close · as of Nov 6, 2026
Contents
Selected Operating Data
| Management’s Discussion and Analysis of Financial Condition and Results of Operations | Financial Table of Contents |
|---|
Selected Operating Data 1,2
| Unit | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| U.S. Upstream | ||||
| Net Crude Oil and Natural Gas Liquids (NGLs) Production | MBD | 1,152 | 997 | 888 |
| Net Natural Gas Production3 | MMCFD | 2,684 | 2,112 | 1,758 |
| Net Oil-Equivalent Production | MBOED | 1,599 | 1,349 | 1,181 |
| Sales of Natural Gas4 | MMCFD | 5,172 | 4,637 | 4,354 |
| Sales of Natural Gas Liquids | MBD | 490 | 354 | 276 |
| Revenues from Net Production | ||||
| Crude | $/BBL | $73.47 | $75.04 | $92.41 |
| NGLs | $/BBL | $19.88 | $20.04 | $33.80 |
| Liquids (weighted average of Crude and NGLs) | $/BBL | $56.24 | $59.19 | $76.71 |
| Natural Gas | $/MCF | $1.04 | $1.67 | $5.55 |
| International Upstream | ||||
| Net Crude Oil and NGLs Production5 | MBD | 823 | 833 | 831 |
| Net Natural Gas Production3 | MMCFD | 5,494 | 5,632 | 5,919 |
| Net Oil-Equivalent Production5 | MBOED | 1,739 | 1,771 | 1,818 |
| Sales of Natural Gas | MMCFD | 5,678 | 6,025 | 5,786 |
| Sales of Natural Gas Liquids | MBD | 132 | 94 | 107 |
| Revenues from Liftings | ||||
| Crude | $/BBL | $73.72 | $74.29 | $93.73 |
| NGLs | $/BBL | $26.49 | $24.01 | $37.56 |
| Liquids (weighted average of Crude and NGLs) | $/BBL | $71.38 | $71.70 | $90.71 |
| Natural Gas | $/MCF | $7.32 | $7.69 | $9.75 |
| Worldwide Upstream | ||||
| United States | MBOED | 1,599 | 1,349 | 1,181 |
| International | MBOED | 1,739 | 1,771 | 1,818 |
| Total | MBOED | 3,338 | 3,120 | 2,999 |
| U.S. Downstream | ||||
| Gasoline Sales6 | MBD | 667 | 642 | 639 |
| Other Refined Product Sales | MBD | 619 | 645 | 589 |
| Total Refined Product Sales | MBD | 1,286 | 1,287 | 1,228 |
| Sales of Natural Gas4 | MMCFD | 28 | 32 | 24 |
| Sales of Natural Gas Liquids | MBD | 21 | 22 | 27 |
| Refinery Crude Unit Inputs8 | MBD | 917 | 962 | 924 |
| International Downstream | ||||
| Gasoline Sales6 | MBD | 382 | 353 | 336 |
| Other Refined Product Sales | MBD | 1,113 | 1,092 | 1,050 |
| Total Refined Product Sales7 | MBD | 1,495 | 1,445 | 1,386 |
| Sales of Natural Gas4 | MMCFD | — | 1 | 3 |
| Sales of Natural Gas Liquids | MBD | 136 | 153 | 127 |
| Refinery Crude Unit Inputs8 | MBD | 646 | 636 | 652 |
| 1 Includes company share of equity affiliates. | ||||
| 2 MBD – thousands of barrels per day; MMCFD – millions of cubic feet per day; MBOED – thousands of barrels of oil-equivalents per day; Bbl – barrel; MCF – thousands of cubic feet. Oil-equivalent gas (OEG) conversion ratio is 6,000 cubic feet of natural gas = 1 barrel of crude oil; MBOED - thousands of barrels of oil-equivalent per day. | ||||
| 3 Includes natural gas consumed in operations: | ||||
| United States | MMCFD | 60 | 64 | 53 |
| International | MMCFD | 549 | 532 | 517 |
| 4 Downstream sales of Natural Gas separately identified from Upstream. | ||||
| 5 Includes net production of synthetic oil: | ||||
| Canada | MBD | 46 | 51 | 45 |
| 6 Includes branded and unbranded gasoline. | ||||
| 7 Includes sales of affiliates: | MBD | 386 | 389 | 389 |
| 8 Includes crude oil and other inputs. | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.