Chevron Corp.

NYSE:CVX   3:59:59 PM EDT
108.95
+2.84 (+2.68%)
4:42:00 PM EDT: $109.17 +0.22 (+0.20%)
Earnings Announcements, Special Events, Environmental

Chevron Corp Reports Q1 Earnings Per Share $0.72

Published: 04/30/2021 11:53 GMT
Chevron Corp. (CVX) - Qtrly Earnings per Share $0.72; Qtrly Adjusted Earnings per Share $0.90; Qtrly Total Revenue and Other Income $32.03 Billion Versus $31.50 Billion.
Q1 Earnings per Share View $0.90, Revenue View $30.37 Billion -- Refinitiv Ibes Data (analyst estimates).
Qtrly U.S. Upstream Operations Earned $941 Million Versus Earnings of $241 Million.
Qtrly Worldwide Net Oil-equivalent Production Was 3.12 Million Barrels per , Down 4%.
Qtrly U.S. Upstream Net Oil-equivalent Production of 1.08 Million Barrels per Day, Up 11,000 Barrels per Day.
Included in Current Quarter Were Pension Settlement Costs and Legal Reserves Totaling $351 Million.
International Upstream Operations Earned $1.41 Billion in Q1 2021 Versus $2.68 Billion.
Qtrly International Upstream Net Oil-equivalent Production of 2.05 Million Barrels per Day, Down 6%.
U.S. Downstream Operations Reported a Loss of $130 Million in Q1 2021 Versus Earnings of $450 Million.
International Downstream Operations Reported Earnings of $135 Million in Q1 Versus Earnings of $653 Million.
International Refinery Crude Oil Input of 536,000 Barrels per Day in Q1, Down 16%.
U.S. Refinery Crude Oil Input in Q1 Down 9% to 881,000 Barrels per Day.
Capital and Exploratory Expenditures in First Three Months of 2021 Were $2.5 Billion Versus $4.4 Billion in 2020.
Qtrly Earnings Strengthened Primarily Due to Higher Oil Prices As the Economy Recovers.
Revenue is expected to be $35.39 Billion
Adjusted EPS is expected to be $1.41

Next Quarter Revenue Guidance is expected to be $36.6 Billion
Next Quarter EPS Guidance is expected to be $1.56

More details on our Analysts Page.