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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.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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