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Mar 31, 2024
Chevron Q1 2024 Earnings Report
Chevron's Q1 2024 earnings were reported, showing a decrease compared to the previous year, but with strong operational performance and cash returns to shareholders.
Key Takeaways
Chevron reported earnings of $5.5 billion for Q1 2024, a decrease from $6.6 billion in Q1 2023. However, U.S. production increased by 35% year-over-year, and the company returned $6 billion in cash to shareholders.
Reported earnings of $5.5 billion; adjusted earnings of $5.4 billion.
Worldwide production 12 percent higher than a year ago.
Returned $6 billion cash to shareholders.
Achieved key project milestones in Kazakhstan, East Mediterranean and U.S.
Chevron
Chevron
Chevron Revenue by Segment
Chevron Revenue by Geographic Location
Revenue by Segment
Upstream Revenue
CapyFin.comDownstream Revenue
CapyFin.comRevenue by Geographic Location
United States Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income