Chevron Corporation

11/01/2024 | Press release | Distributed by Public on 11/01/2024 04:19

chevron reports third quarter 2024 results

  • Reported earnings of $4.5 billion; cash flow from operations of $9.7 billion
  • Returned record $7.7 billion cash to shareholders
  • Started up key U.S. Gulf of Mexico projects
  • Optimizing portfolio with announced $6.5 billion sale of Canadian assets
San Ramon, Calif., November 1, 2024 - Chevron Corporation (NYSE: CVX) reported earnings of $4.5 billion ($2.48 per share - diluted) for third quarter 2024, compared with $6.5 billion ($3.48 per share - diluted) in third quarter 2023. Foreign currency effects decreased earnings by $44 million. Adjusted earnings of $4.5 billion ($2.51 per share - diluted) in third quarter 2024 compared to adjusted earnings of $5.7 billion ($3.05 per share - diluted) in third quarter 2023. See Attachment 4 for a reconciliation of adjusted earnings.

Read the full press release with tables.