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5h agoChevron Corporation tops Q3 earnings estimates with record production after Hess deal
Chevron reported adjusted earnings of US$3.6 billion (US$1.85 per share) for the third quarter of 2025, beating analyst expectations of US$1.68 per share. The strong performance was driven by record oil and gas production (~4.1 million barrels of oil equivalent per day) following its acquisition of Hess Corporation, and improved refining margins. Cash flow from operations rose about 20% to US$9.9 billion. The company reiterated cost-reduction targets of US$2–3 billion for next year and continued strong shareholder returns via dividends and buybacks.
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5h agoChevron Corporation tops Q3 earnings estimates with record production after Hess deal
Chevron reported adjusted earnings of US$3.6 billion (US$1.85 per share) for the third quarter of 2025, beating analyst expectations of US$1.68 per share. The strong performance was driven by record oil and gas production (~4.1 million barrels of oil equivalent per day) following its acquisition of Hess Corporation, and improved refining margins. Cash flow from operations rose about 20% to US$9.9 billion. The company reiterated cost-reduction targets of US$2–3 billion for next year and continued strong shareholder returns via dividends and buybacks.
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Chevron Corporation tops Q3 earnings estimates with record production after Hess deal
about 5 hours ago
1 min read
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Chevron beats Q3 forecasts on record output and refining margins, post-Hess acquisition.
Chevron reported adjusted earnings of US$3.6 billion (US$1.85 per share) for the third quarter of 2025, beating analyst expectations of US$1.68 per share. The strong performance was driven by record oil and gas production (~4.1 million barrels of oil equivalent per day) following its acquisition of Hess Corporation, and improved refining margins. Cash flow from operations rose about 20% to US$9.9 billion. The company reiterated cost-reduction targets of US$2–3 billion for next year and continued strong shareholder returns via dividends and buybacks.
Chevron reported adjusted earnings of US$3.6 billion (US$1.85 per share) for the third quarter of 2025, beating analyst expectations of US$1.68 per share. The strong performance was driven by record oil and gas production (~4.1 million barrels of oil equivalent per day) following its acquisition of Hess Corporation, and improved refining margins. Cash flow from operations rose about 20% to US$9.9 billion. The company reiterated cost-reduction targets of US$2–3 billion for next year and continued strong shareholder returns via dividends and buybacks.
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Oct 31, 2025 • 21:47 IST