Business
Chevron Reports Fourth Quarter 2025 Results
HOUSTON, January 30, 2026--Chevron Corporation (NYSE: CVX) reported earnings of $2.8 billion ($1.39 per share - diluted) for fourth quarter 2025, compared with $3.2 billion ($1.84 per share - diluted) in fourth quarter 2024. Included in the quarter was a net loss of $128 million due to pension settlement costs. Foreign currency effects decreased earnings by $130 million. Adjusted earnings of $3.0 billion ($1.52 per share - diluted) in fourth quarter 2025 compared to adjusted earnings of $3.6 bil
About this update from Chevron Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":448,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/525fdee2eb0925de80233ed56a5177bd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wG3fv1aZL.LDWofLCxn1eA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTc1NTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/525fdee2eb0925de80233ed56a5177bd","width":448,"height":480}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Reported earnings of $2.8 billion; adjusted earnings of $3.0 billion","length":68,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Cash flow from operations of $10.8 billion; adjusted free cash flow of $4.2 billion","length":83,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Increased 2025 worldwide and U.S. production by 12 and 16 percent to record levels","length":82,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reserve replacement ratio of 158 percent in 2025","length":48,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Announces a 4 percent increase in quarterly dividend to $1.78 per share","length":71,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":352,"olType":false},{"type":"text","content":"HOUSTON, January 30, 2026--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) reported earnings of $2.8 billion ($1.39 per share - diluted) for fourth quarter 2025, compared with $3.2 billion ($1.84 per share - diluted) in fourth quarter 2024. Included in the quarter was a net loss of $128 million due to pension settlement costs. Foreign currency effects decreased earnings by $130 million. Adjusted earnings of $3.0 billion ($1.52 per share - diluted) in fourth quarter 2025 compared to adjusted earnings of $3.6 billion ($2.06 per share - diluted) in fourth quarter 2024. See Attachment 4 for a reconciliation of adjusted earnings.","length":633,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"19","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"Earnings & Cash Flow Summary","length":32,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;width:28%;","val"...