Chevron reports Q1 adjusted EPS $1.41, consensus 97c

Reports Q1 revenue $48.61B, consensus $52.7B. “Despite heightened geopolitical volatility and related supply disruptions, Chevron (CVX) delivered solid first quarter performance, underscoring the resilience of our portfolio and the value of disciplined execution,” said Mike Wirth, Chevron’s Chairman and Chief Executive Officer. “Strong operating results in the United States, particularly following the integration of Hess, and continued growth in the Gulf of America and Permian Basin, drove higher production while maintaining financial flexibility.”