Chevron Corporation (CVX) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Katie and I will be your conference facilitator today. Welcome to Chevron's first quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's remarks, there will be a question and answer session and instructions will be given at that time. If anyone requires assistance during the conference call, please press star then zero on your touchtone telephone. As a reminder, this conference call is being recorded. I will now turn the conference call over to the head of investor relations of Chevron Corporation, Janine Way. Please go ahead. Thank you, Katie. Welcome to Chevron's first quarter 2026 earnings conference call and webcast. I'm Janine Way, head of investor relations. Our chairman and CEO, Mike Worth, and CFO, Emer Bonner, are on the call with me today. We'll refer to the slides and prepared remarks that are available on Chevron's website. Before we begin, please be reminded that this presentation contains estimates, projections, and other forward-looking statements. A reconciliation of non-GAAP measures can be found in the appendix to this presentation. Please review the cautionary statement and additional information presented on slide two. With that, now I'll turn it over to Mike. All right. Thanks, Janine, and welcome to your new role. This quarter, Chevron delivered solid performance driven by disciplined execution and a resilient portfolio. Despite market volatility and heightened geopolitical tensions, our people remain focused on safely delivering the reliable energy the world needs. Our approach remains consistent. Maintain capital and cost discipline, generate strong cash flow, and deliver superior shareholder returns. Sharon's fundamentals are strong. We have a world-class p...