Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.

Chevron Corporation

Net Income

Net Income %Chg

Net Income Common Size

Depreciation, Depletion and Amortization

Depreciation, Depletion and Amortization %Chg

Depreciation, Depletion and Amortization Common Size

Dry Hole Expense

Dry Hole Expense %Chg

Dry Hole Expense Common Size

Distributions More Than Income from Equity Affiliates

Distributions More Than Income from Equity Affiliates %Chg

Distributions More Than Income from Equity Affiliates Common Size

Net Before-Tax Gains on Asset Retirements and Sales

Net Before-Tax Gains on Asset Retirements and Sales %Chg

Net Before-Tax Gains on Asset Retirements and Sales Common Size

Net Foreign Currency Effects

Net Foreign Currency Effects %Chg

Net Foreign Currency Effects Common Size

Deferred Income Tax Provision

Deferred Income Tax Provision %Chg

Deferred Income Tax Provision Common Size

Change in Operating Working Capital

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Change in Operating Working Capital Common Size

Change in Long-Term Receivables

Change in Long-Term Receivables %Chg

Change in Long-Term Receivables Common Size

Change in Other Deferred Charges

Change in Other Deferred Charges %Chg

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Cash Contributions to Employee Pension Plans

Cash Contributions to Employee Pension Plans %Chg

Cash Contributions to Employee Pension Plans Common Size

Other

Other %Chg

Other Common Size

Net Cash Provided by Operating Activities

Net Cash Provided by Operating Activities %Chg

Net Cash Provided by Operating Activities Common Size

Acquisition of Businesses, Net of Cash Received

Acquisition of Businesses, Net of Cash Received %Chg

Acquisition of Businesses, Net of Cash Received Common Size

Capital Expenditures

Capital Expenditures %Chg

Capital Expenditures Common Size

Proceeds and Deposits Related to Asset Sales and Returns of Investment

Proceeds and Deposits Related to Asset Sales and Returns of Investment %Chg

Proceeds and Deposits Related to Asset Sales and Returns of Investment Common Size

Net Maturities of Time Deposits

Net Maturities of Time Deposits %Chg

Net Maturities of Time Deposits Common Size

Net Sales of Marketable Securities

Net Sales of Marketable Securities %Chg

Net Sales of Marketable Securities Common Size

Net Repayment of Loans by Equity Affiliates

Net Repayment of Loans by Equity Affiliates %Chg

Net Repayment of Loans by Equity Affiliates Common Size

Net Sales of Other Short-Term Investments

Net Sales of Other Short-Term Investments %Chg

Net Sales of Other Short-Term Investments Common Size

Net Cash Provided by Investing Activities

Net Cash Provided by Investing Activities %Chg

Net Cash Provided by Investing Activities Common Size

Net Borrowings of Short-Term Obligations

Net Borrowings of Short-Term Obligations %Chg

Net Borrowings of Short-Term Obligations Common Size

Proceeds from Issuances of Long-Term Debt

Proceeds from Issuances of Long-Term Debt %Chg

Proceeds from Issuances of Long-Term Debt Common Size

Repayments of Long-Term Debt and Other Financing Obligations

Repayments of Long-Term Debt and Other Financing Obligations %Chg

Repayments of Long-Term Debt and Other Financing Obligations Common Size

Cash Dividends - Common Stock

Cash Dividends - Common Stock %Chg

Cash Dividends - Common Stock Common Size

Distributions to Noncontrolling Interests

Distributions to Noncontrolling Interests %Chg

Distributions to Noncontrolling Interests Common Size

Net Contributions from Noncontrolling Interests

Net Contributions from Noncontrolling Interests %Chg

Net Contributions from Noncontrolling Interests Common Size

Net Sales of Treasury Shares

Net Sales of Treasury Shares %Chg

Net Sales of Treasury Shares Common Size

Net Cash Provided by Financing Activities

Net Cash Provided by Financing Activities %Chg

Net Cash Provided by Financing Activities Common Size

Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash

Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash %Chg

Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash Common Size

Net Change in Cash, Cash Equivalents and Restricted Cash

Net Change in Cash, Cash Equivalents and Restricted Cash %Chg

Net Change in Cash, Cash Equivalents and Restricted Cash Common Size

Cash, Cash Equivalents and Restricted Cash at January 1

Cash, Cash Equivalents and Restricted Cash at January 1 %Chg

Cash, Cash Equivalents and Restricted Cash at January 1 Common Size

Cash, Cash Equivalents and Restricted Cash at September 30

Cash, Cash Equivalents and Restricted Cash at September 30 %Chg

Cash, Cash Equivalents and Restricted Cash at September 30 Common Size

Depreciation & Amortization

Depreciation & Amortization %Chg

Depreciation & Amortization Common Size

Other Adjustments

Other Adjustments %Chg

Other Adjustments Common Size

Changes in Other Operating Activities

Changes in Other Operating Activities %Chg

Changes in Other Operating Activities Common Size

Cash from Operating Activities

Cash from Operating Activities %Chg

Cash from Operating Activities Common Size

Capital Expenditure

Capital Expenditure %Chg

Capital Expenditure Common Size

Proceeds from Sale of Property, Plant & Equipment

Proceeds from Sale of Property, Plant & Equipment %Chg

Proceeds from Sale of Property, Plant & Equipment Common Size

Proceeds from Sale of Investments

Proceeds from Sale of Investments %Chg

Proceeds from Sale of Investments Common Size

Payments for Business Acquisitions

Payments for Business Acquisitions %Chg

Payments for Business Acquisitions Common Size

Other Investing Activities

Other Investing Activities %Chg

Other Investing Activities Common Size

Cash from Investing Activities

Cash from Investing Activities %Chg

Cash from Investing Activities Common Size

Issuance of Short-Term Debt

Issuance of Short-Term Debt %Chg

Issuance of Short-Term Debt Common Size

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Operating Activities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Net Income	6,027	7,755	9,994	8,798	12,613	17,616
Net Income
Depreciation & Amortization	8,467	9,187	8,095	10,279	7,047	8,965
Depreciation, Depletion and Amortization
Other Adjustments	1,589	-1,989	134	-625	-206	-1,347
Dry Hole Expense
Distributions More Than Income from Equity Affiliates
Net Before-Tax Gains on Asset Retirements and Sales
Net Foreign Currency Effects
Deferred Income Tax Provision
Cash Contributions to Employee Pension Plans
Changes in Other Operating Activities	-2,318	3,416	-5,100	3,655	-5,952	2,531
Change in Operating Working Capital
Change in Long-Term Receivables
Change in Other Deferred Charges
Other
Cash from Operating Activities	13,765	18,369	13,123	22,107	13,502	27,765
Net Cash Provided by Operating Activities

Investing Activities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Capital Expenditure	-7,639	-8,393	-8,055	-9,034	-6,795	-6,830
Capital Expenditures
Proceeds from Sale of Property, Plant & Equipment	990	7,486	218	345	324	286
Proceeds and Deposits Related to Asset Sales and Returns of Investment
Proceeds from Sale of Investments	—	-4	45	266	-91	118
Net Maturities of Time Deposits
Net Sales of Marketable Securities
Net Sales of Other Short-Term Investments
Payments for Business Acquisitions	-2,225	—	—	55	—	—
Acquisition of Businesses, Net of Cash Received
Other Investing Activities	-176	-115	-118	-113	-189	-53
Net Repayment of Loans by Equity Affiliates
Cash from Investing Activities	-9,050	-1,026	-7,910	-8,481	-6,751	-6,479
Net Cash Provided by Investing Activities

Financing Activities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Issuance of Short-Term Debt	1,891	1,749	3,119	239	-104	227
Net Borrowings of Short-Term Obligations
Net Issuance / (Repayments) of Short-Term Debt	1,891	1,749	3,119	239	-104	227
Issuance of Long-Term Debt	5,491	175	303	—	150	—
Proceeds from Issuances of Long-Term Debt
Repayments of Long-Term Debt	-2,651	-728	-1,050	-2,598	-1,742	-3,053
Repayments of Long-Term Debt and Other Financing Obligations
Net Issuance / (Repayments) of Long-Term Debt	2,840	-553	-747	-2,598	-1,592	-3,053
Repurchases of Common Shares	-6,432	-9,223	-5,821	-6,731	-7,947	-7,114
Net Sales of Treasury Shares
Net Issuance / (Repurchases) of Common Shares	-6,432	-9,223	-5,821	-6,731	-7,947	-7,114
Common Share Dividends Paid	-5,918	-5,820	-5,981	-5,661	-5,675	-5,456
Cash Dividends - Common Stock
Other Financing Activities	-30	-197	2	-37	-3	-78
Distributions to Noncontrolling Interests
Net Contributions from Noncontrolling Interests
Cash from Financing Activities	-7,649	-14,044	-9,428	-14,788	-15,321	-15,474
Net Cash Provided by Financing Activities

Free Cash Flow	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Free Cash Flow	6,126	9,976	5,068	13,073	6,707	20,935
NOPAT	5,116.4	4,496.8	7,647.5	8,675	10,145	14,156.1
Levered Free Cash Flow	9,231	13,132	7,247	11,326	5,188	19,424
Unlevered Free Cash Flow	3,626.4	8,706.8	2,587.5	13,575	4,445	18,822.1
Net Change in Cash	-2,934	3,299	-4,215	-1,162	-8,570	5,812