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Chevron (CVX)
:CVX
Earnings Data
Report Date
Jul 25, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.75Last Year’s EPS
2.55Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 02, 2025
|% Change Since: 1.69%
|Next Earnings Date:Jul 25, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Chevron's strong shareholder returns, advancements in major projects, and a reduction in CapEx. However, challenges such as Venezuelan operations, currency effects, and potential tariff impacts were noted. Overall, the sentiment leans towards positive due to the strong performance and financial resilience.Company Guidance
During Chevron's First Quarter 2025 Earnings Conference Call, detailed guidance was provided on various metrics and strategic initiatives. Chevron returned $6.9 billion to shareholders through dividends and buybacks. The company reported earnings of $3.5 billion, or $2 per share, with adjusted earnings of $3.8 billion, or $2.18 per share. Organic capital expenditures (CapEx) were $3.5 billion, marking the lowest quarterly total in two years, while inorganic CapEx was around $400 million. The company generated $7.6 billion in cash flow from operations, excluding working capital. Chevron achieved a net debt ratio of 14%, below its target range of 20% to 25%. The company is on track to deliver an incremental $9 billion in free cash flow by 2026 at $60 Brent, with a focus on short-cycle assets and deepwater projects. Chevron's strategy includes a potential $2 billion to $3 billion in structural cost savings by the end of next year, and a $2 billion reduction in its 2025 CapEx and affiliate CapEx budgets compared to last year. The guidance also outlined plans for share repurchases of $2.5 billion to $3 billion in the second quarter, maintaining a guidance range for annual buybacks of $10 billion to $20 billion depending on market conditions.Strong Shareholder Returns
Chevron returned $6.9 billion to shareholders through dividends and buybacks in Q1 2025, marking the 12th consecutive quarter of cash returns exceeding $5 billion.
Advancements in Major Projects
Chevron achieved first oil at the Ballymore project in the Gulf of America and reached nameplate capacity at TCO significantly ahead of schedule.
Reduction in CapEx and Structural Cost Savings
The 2025 CapEx budget represents a $2 billion reduction from the previous year, with targeted structural cost savings of $2 billion to $3 billion by the end of 2026.
Record Low Organic CapEx
Q1 2025 organic CapEx was $3.5 billion, marking the lowest quarterly total in two years.
Resilient Financial Position
Chevron maintains a strong balance sheet with a net debt ratio of 14%, well below the target range of 20% to 25%.
CVX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CVX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 02, 2025 | $134.62 | $136.83 | +1.64% |
Jan 31, 2025 | $152.74 | $145.78 | -4.56% |
Nov 01, 2024 | $143.95 | $148.06 | +2.86% |
Aug 02, 2024 | $145.99 | $142.10 | -2.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Chevron (CVX) report earnings?
Chevron (CVX) is schdueled to report earning on Jul 25, 2025, TBA Not Confirmed.
What is Chevron (CVX) earnings time?
Chevron (CVX) earnings time is at Jul 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CVX EPS forecast?
CVX EPS forecast for the fiscal quarter 2025 (Q2) is 1.75.
