positive
8 days agoChevron Corporation tops Q3 earnings estimates with record production following Hess deal
Chevron reported adjusted third-quarter 2025 earnings of US$3.6 billion (US$1.85/share), significantly above analysts’ expectations around US$1.68/share, driven by a record production of 4.1 million barrels of oil-equivalent per day after completion of its US$55 billion acquisition of Hess in July. Cash-flow from operations jumped nearly 20% year-on-year to US$9.9 billion, helped by strong performance in the Permian Basin and U.S. Gulf of Mexico. The company reaffirmed its commitment to US$2-3 billion in cost cuts next year and returned US$3.4 billion in dividends plus US$2.6 billion in share buybacks.
Reuters• By Sneha Pathak
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positive
8 days agoChevron Corporation tops Q3 earnings estimates with record production following Hess deal
Chevron reported adjusted third-quarter 2025 earnings of US$3.6 billion (US$1.85/share), significantly above analysts’ expectations around US$1.68/share, driven by a record production of 4.1 million barrels of oil-equivalent per day after completion of its US$55 billion acquisition of Hess in July. Cash-flow from operations jumped nearly 20% year-on-year to US$9.9 billion, helped by strong performance in the Permian Basin and U.S. Gulf of Mexico. The company reaffirmed its commitment to US$2-3 billion in cost cuts next year and returned US$3.4 billion in dividends plus US$2.6 billion in share buybacks.
Reuters• By Sneha Pathak
Explore:Mutual Fund Themes
8 days ago
1 min read
88 words
Chevron beats Q3 estimates on record production post-Hess acquisition and strong cash-flow, reinforcing cost-cut drive.
Chevron reported adjusted third-quarter 2025 earnings of US$3.6 billion (US$1.85/share), significantly above analysts’ expectations around US$1.68/share, driven by a record production of 4.1 million barrels of oil-equivalent per day after completion of its US$55 billion acquisition of Hess in July. Cash-flow from operations jumped nearly 20% year-on-year to US$9.9 billion, helped by strong performance in the Permian Basin and U.S. Gulf of Mexico. The company reaffirmed its commitment to US$2-3 billion in cost cuts next year and returned US$3.4 billion in dividends plus US$2.6 billion in share buybacks.
Chevron reported adjusted third-quarter 2025 earnings of US$3.6 billion (US$1.85/share), significantly above analysts’ expectations around US$1.68/share, driven by a record production of 4.1 million barrels of oil-equivalent per day after completion of its US$55 billion acquisition of Hess in July. Cash-flow from operations jumped nearly 20% year-on-year to US$9.9 billion, helped by strong performance in the Permian Basin and U.S. Gulf of Mexico. The company reaffirmed its commitment to US$2-3 billion in cost cuts next year and returned US$3.4 billion in dividends plus US$2.6 billion in share buybacks.
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Oct 31, 2025 • 14:33 IST