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Chevron has operated in Venezuela for over a century, and has recently ramped up production through joint ventures with state-owned oil companies. CFO Eimear Bonner and CEO Mike Wirth explain how the company came to a new agreement that will double its Venezuelan output over the next five years. Tune into this episode of Chief Future Officer Wednesday at 9:30 pm ET
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CHEVRON'S VENEZUELAN CRUDE EXPORTS REACHED AROUND 303,000 BPD, WHILE TRADERS EXPORTED 506,000 BPD, ACCORDING TO SHIPPING DATA.
Chevron expects to power up a Microsoft data center project in West Texas on schedule despite Governor Greg Abbott’s suspension of digital infrastructure permits
Chevron surpassed analysts’ estimates as high oil prices combined with record US refining margins to lift earnings to the fourth highest in company history
Chevron beats earnings expectations as refining profits soar on high diesel fuel prices
Chevron Q3 2026 Earnings - Adjusted EPS: $5.28 (est $4.93) - Natural Gas Production: 9,085 MMCFE/D (est 8,840) - Revenue & Other Income: $67.80B (est $62.55B) - Cash Flow From Operations: $16B (est $15.08B) - Upstream Earnings: $5.70B (est $6.19B) - Downstream Earnings: $4.93B (est $4.49B) - Worldwide Production: 3,980 MBOE/D (est 3,926) - Liquids Production: 1,456 MB/D (est 1,469) - Still Sees FY Capex At Low End Of $18B To $19B (est $18.07B)
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CHEVRON $CVX Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $67.80B (Est. $61.62B) 🟢 🔹 Adj. EPS: $5.28 (Est. $4.89) 🟢 🔹 Adj. Earnings: $10.4B 🔹 Production: 3,980 MBOED Segment Earnings: 🔹 Upstream: $5.7B 🔹 Downstream: $4.9B (Est. $5.1B) 🔴 🔹 All Other: -$705M; from a loss YoY Cash Flow & Returns: 🔹 Cash Flow From Operations: $16.0B 🔹 CFFO ex Working Capital: $16.6B 🔹 CapEx: $4.0B 🔹 Buybacks: $2.5B 🔹 Dividends: $3.5B Key Updates: 🔹 Record U.S. refinery throughput: 1.09M barrels/day; nearly 98% utilization 🔹 Venezuela: $7B planned investment over the next five years 🔹 Bakken: midstream costs reduced by approximately 50%
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CHEVRON IS BACK TO SEARCHING FOR OIL AND GAS IN FAR-FLUNG PLACES – WSJ
Chevron declined to continue supporting a proposed deep water port in Guyana after last year’s acquisition of Hess, which had funded preliminary studies for the project
Chevron CEO disagrees with Scott Bessent's take on the economy Read more: