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Chevron Corp (CVX) operating KPIs

CVXNYSEPetroleum RefiningFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 12/3021% above fair value
$235.52+4.06 (+1.75%)

Close on Oct 30, 2026Market cap $465.33BP/E 22.6Yield 2.90%

KPIs

Operating metrics that drive Chevron's business · fiscal year ends December 31

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Add to chartMetric
Q3 2026
2026-09-30
Q2 2026
2026-06-30
Q1 2026
2026-03-31
Q4 2025
2025-12-31
Q3 2025
2025-09-30
Q2 2025
2025-06-30
Q1 2025
2025-03-31
Q4 2024
2024-12-31
Q3 2024
2024-09-30
Q2 2024
2024-06-30
Q1 2024
2024-03-31
Q4 2023
2023-12-31
Worldwide Net Oil-Equivalent Production (MBOED, incl. Affiliates)2
4,070.003,858.004,086.003,396.003,353.003,364.003,292.003,346.00
United States Net Oil-Equivalent Production (MBOED)2
2,077.002,024.002,055.002,040.001,695.001,636.001,646.001,605.001,572.001,573.001,598.00
U.S. Net Liquids Production (MBD)
1,491.001,461.001,488.001,496.001,218.001,159.001,189.001,156.001,132.001,130.001,164.00
U.S. Net Natural Gas Production (MMCFD)
3,520.003,380.003,402.003,265.002,864.002,859.002,743.002,694.002,643.002,657.002,604.00
International Net Oil-Equivalent Production (MBOED, incl. Affiliates)2
1,993.001,834.001,990.002,046.001,701.001,717.001,704.001,759.001,720.001,773.001,794.00
International Net Liquids Production (MBD, incl. Affiliates)1
1,094.00974.001,071.001,099.00850.00822.00797.00834.00823.00838.00851.00
Canada Synthetic Oil Net Production (MBD)
0.000.000.0048.0053.0047.00
International Net Natural Gas Production (MMCFD, incl. Affiliates)
5,390.005,161.005,514.005,674.005,099.005,371.005,437.005,550.005,378.005,610.005,661.00
U.S. Upstream Sales of Natural Gas (MMCFD)5
5,794.006,078.006,031.005,594.005,416.005,378.005,242.005,138.00
International Upstream Sales of Natural Gas (MMCFD)
5,556.005,405.005,682.005,507.005,377.005,576.005,389.005,770.00
U.S. Upstream Sales of Natural Gas Liquids (MBD)
583.00571.00516.00514.00508.00481.00458.00442.00
International Upstream Sales of Natural Gas Liquids (MBD)
152.00130.00127.00110.00135.00147.00130.00118.00
Natural Gas Consumed in Operations — United States (MMCFD)
74.0069.0077.0057.0050.0066.0061.0057.00
Natural Gas Consumed in Operations — International (MMCFD)
595.00563.00592.00560.00573.00551.00531.00543.00
U.S. Upstream Liquids Realization ($/bbl)2
70.8051.9442.9948.1247.7755.2653.1254.8659.8557.3758.69
U.S. Crude Oil Realization ($/bbl)
95.6668.8362.9361.4969.7773.0478.9074.00
U.S. Natural Gas Liquids Realization ($/bbl)
21.5618.1918.0618.3923.3118.3419.3020.45
International Upstream Liquids Realization ($/bbl)2
96.4177.5057.5363.1658.8867.6967.3370.5974.9272.5274.54
International Crude Oil Realization ($/bbl)
99.3880.1264.8460.6169.8172.8277.5874.77
International Natural Gas Liquids Realization ($/bbl)
27.0025.1618.6722.2725.4227.4422.3221.89
U.S. Upstream Natural Gas Realization ($/Mcf)
0.912.482.211.771.752.501.620.550.761.241.62
International Upstream Natural Gas Realization ($/Mcf)
7.846.996.976.887.207.127.677.466.867.257.31
Worldwide Refinery Crude Unit Inputs (MBD, incl. Affiliates)2
United States Refinery Crude Unit Inputs (MBD)
1,070.001,054.001,020.001,064.001,051.001,018.00893.00995.00900.00878.00950.00
International Refinery Crude Unit Inputs (MBD, incl. Affiliates)
598.00616.00665.00663.00661.00618.00651.00628.00650.00651.00634.00
Worldwide Refined Product Sales Volumes (MBD, incl. Affiliates)6
United States Refined Product Sales Volumes (MBD)2
1,320.001,265.001,293.001,303.001,381.001,293.001,257.001,312.001,327.001,248.001,298.00
U.S. Gasoline Sales (MBD)
660.00637.00676.00712.00676.00684.00692.00621.00
U.S. Other Refined Product Sales (MBD, 10-Q)
660.00628.00627.00669.00617.00628.00635.00627.00
International Refined Product Sales Volumes (MBD, incl. Affiliates)3
1,287.001,493.001,546.001,517.001,473.001,398.001,557.001,507.001,485.001,430.001,437.00
International Share of Equity Affiliate Refined Product Sales (MBD)
319.00404.00388.00390.00353.00390.00394.00389.00
International Gasoline Sales Excl. Affiliates (MBD)
270.00291.00336.00361.00356.00335.00352.00319.00
International Other Refined Product Sales Excl. Affiliates (MBD, 10-Q)
698.00798.00793.00722.00689.00782.00739.00722.00
U.S. Downstream Sales of Natural Gas Liquids (MBD)
42.0025.0029.0030.0019.0021.0023.0021.00
International Downstream Sales of Natural Gas Liquids (MBD)
108.00111.00109.00124.00123.00152.00117.00139.00
U.S. Downstream Sales of Natural Gas (MMCFD)
24.0031.0026.0034.0035.0037.0026.0031.00
International Downstream Sales of Natural Gas (MMCFD)
0.000.000.000.004.000.000.000.00
Chevron U.S.A. Inc. (CUSA) — Sales and Other Operating Revenues ($M, Note 6)8
-427.006,087.0034,753.0095,427.004,776.007,092.0037,217.0037,118.0039,100.0036,490.0038,530.00
CUSA — Total Costs and Other Deductions ($M)
48,567.0038,467.0033,454.0034,714.0034,208.0033,683.0037,748.0035,664.0037,223.0034,947.0038,164.00
CUSA — Net Income Attributable to Chevron U.S.A. Inc. ($M)
3,581.001,111.001,049.001,595.001,442.001,111.00-340.001,434.001,665.001,392.00-1,554.00
CUSA — Current Assets ($M)
24,953.0024,722.0018,442.0020,670.0018,044.0020,648.0020,153.0018,855.0022,046.0020,226.0019,489.00
CUSA — Other (Noncurrent) Assets ($M)
59,399.0059,340.0059,166.0058,926.0059,609.0059,487.0058,485.0057,597.0056,732.0055,706.0054,460.00
CUSA — Current Liabilities ($M)
24,960.0031,510.0022,943.0019,380.0022,257.0019,574.0025,825.0022,115.0025,011.0023,237.0020,624.00
CUSA — Other (Noncurrent) Liabilities ($M)
31,229.0031,266.0031,646.0031,616.0027,030.0027,136.0021,455.0021,748.0022,036.0022,314.0022,227.00
CUSA — Total Net Equity ($M)
28,163.0021,286.0023,019.0028,600.0028,366.0033,425.0031,358.0032,589.0031,731.0030,381.0031,098.00
CUSA — Memo: Total Debt ($M)
19,245.0019,264.0019,371.0019,230.0014,397.0014,444.008,917.009,571.009,888.009,670.009,740.00
Tengizchevroil LLP (TCO 100% Basis) — Sales and Other Operating Revenues ($M, Note 7)2
9,426.004,082.004,885.006,057.005,797.005,247.004,015.004,749.005,052.005,056.004,858.00
TCO (100% Basis) — Costs and Other Deductions ($M)
6,592.002,967.004,318.004,844.005,225.004,032.002,416.002,808.002,747.002,645.002,394.00
TCO (100% Basis) — Net Income Attributable to TCO ($M)
2,007.00804.00287.00889.00441.00879.001,052.001,388.001,633.001,706.001,651.00
Equity in Earnings of Affiliates — Total Worldwide ($M, Note 15)1
Hess Midstream LP (HESM) — Gas Gathering Throughput (MMcf/d)5
445.00438.00456.00480.00464.00431.00437.00442.00440.00404.00381.00
HESM — Gas Processing Throughput (MMcf/d)
433.00430.00444.00462.00449.00424.00420.00419.00419.00393.00367.00
HESM — Crude Oil Gathering Throughput (MBbl/d)
103.00110.00118.00123.00127.00117.00114.00116.00116.00106.00100.00
HESM — Crude Oil Terminaling Throughput (MBbl/d)
118.00119.00122.00130.00131.00125.00123.00122.00121.00117.00115.00
HESM — Water Gathering Throughput (MBbl/d)
121.00115.00124.00137.00138.00126.00125.00128.00124.00116.0095.00
HESM — NGL Loading Throughput (MBbl/d)
17.0015.0016.0018.0017.0014.0014.0015.0015.0014.0013.00
Hess Midstream LP (HESM) — Adjusted EBITDA ($M)23
313.70299.801,238.10320.70316.00292.301,136.10286.90276.50274.501,017.10
Pre-Acquisition Hess Corporation (HES) — Worldwide Net Oil-Equivalent Production (MBOED, Legacy)33
476.00495.00461.00494.00476.00394.00
Equity Affiliate Capital Expenditures (Affiliate Capex) — Total ($M)2
Upstream Affiliate Capex ($M)
116.00110.00204.00214.00173.00206.00341.00329.00382.00399.00517.00
Downstream Affiliate Capex ($M)
156.00176.00237.00215.00269.00282.00294.00236.00244.00224.00333.00
WTI Crude Oil Spot Price — Cushing, OK ($/bbl, EIA / FRED MCOILWTICO)1
87.2295.7571.9859.6465.7464.6371.8470.6976.2481.7177.5678.41
Brent Crude Oil Spot Price — Europe ($/bbl, EIA / FRED MCOILBRENTEU)
96.33103.2880.2163.6368.9768.0175.8174.6179.8484.6583.0083.72
Henry Hub Natural Gas Spot Price ($/MMBtu, EIA / FRED MHHNGSP)2
2.872.954.793.753.033.194.152.442.112.092.132.74
European TTF Natural Gas Import Price ($/MMBtu, IMF / FRED PNGASEUUSDM)
21.4515.5513.6210.2411.1511.8314.4313.4411.3910.028.7112.80
Northeast Asia JKM LNG Marker Price ($/MMBtu, IMF / FRED PNGASJPUSDM)
22.7517.2914.0010.6111.6912.0713.9913.7912.7711.009.2814.59
U.S. Regular All Formulations Gasoline Retail Price ($/gal, EIA / FRED GASREGM)3
4.124.213.123.003.143.163.103.073.363.563.243.35
U.S. No. 2 Diesel Retail Price ($/gal, EIA / FRED GASDESM)
5.575.384.063.713.763.563.633.533.693.853.974.24
U.S. Producer Price Index: Refined Petroleum Products (Index 1982=100, BLS / FRED WPU057)
403.10385.10255.30232.50249.20241.20247.30243.30267.10283.70279.00282.00
U.S. Producer Price Index: Petrochemical Manufacturing (NAICS 325110, BLS / FRED PCU325110325110)
184.00208.00140.30136.30147.40146.90160.40154.10165.20152.60143.80148.50
U.S. Industrial Production: Oil and Gas Extraction (NAICS 211, Index 2017=100, Fed G.17 / FRED IPG211S)3
153.50152.90150.00150.30151.30148.80145.70145.80144.90145.30141.60143.20
U.S. Capacity Utilization: Oil and Gas Extraction (NAICS 211, % of capacity, Fed G.17 / FRED CAPUTLG211S)
94.9095.3094.3095.2096.5095.5094.2094.9095.0096.1094.6096.60
U.S. Industrial Production: Drilling Oil and Gas Wells (NAICS 213111, Index 2017=100, Fed G.17 / FRED IPN213111S)
106.3099.1098.90101.1097.90100.50103.40105.10108.10108.30110.80111.50
U.S. Industrial Production: Petroleum Refineries (NAICS 32411, Index 2017=100, Fed G.17 / FRED IPG32411S)
86.7086.5087.3085.6086.1085.3084.3086.3085.5085.7085.3085.70
GAAP Net Income Attributable to Chevron Corporation ($M, Segment Note / 8-K)3
12,072.002,210.002,770.003,539.002,490.003,500.003,239.004,487.004,434.005,501.002,259.00
Total Upstream Segment Earnings ($M)2
8,182.003,909.003,035.003,302.002,727.003,758.004,304.004,589.004,470.005,239.001,586.00
U.S. Upstream Segment Earnings ($M)
3,541.002,112.001,258.001,282.001,418.001,858.001,420.001,946.002,161.002,075.00-1,347.00
International Upstream Segment Earnings ($M)
4,641.001,797.001,777.002,020.001,309.001,900.002,884.002,643.002,309.003,164.002,933.00
Total Downstream Segment Earnings ($M)2
4,868.00-817.00823.001,137.00737.00325.00-248.00595.00597.00783.001,147.00
U.S. Downstream Segment Earnings ($M)
2,411.00196.00230.00638.00404.00103.00-348.00146.00280.00453.00470.00
International Downstream Segment Earnings ($M)
2,457.00-1,013.00593.00499.00333.00222.00100.00449.00317.00330.00677.00
All Other Net Charges ($M)
-978.00-882.00-1,088.00-900.00-974.00-583.00-817.00-697.00-633.00-521.00-474.00
Non-GAAP Adjusted Earnings ($B, Form 8-K Summary)8
6.062,793.003,028.003,627.001.772.182.062.512.552.933.45
Non-GAAP Diluted Adjusted Earnings per Share ($/sh)
6.061.411.521.851.772.182.062.512.552.933.45
All Other Adjusted Net Charges ($M)
-889.00-884.00-946.00-996.00-634.00-758.00-608.00-695.00-628.00-528.00-215.00
Total Special Items Included in Reported Earnings ($M)
117.00-470.00-168.00-359.0027.00110.0040.00124.0011.00-51.00390.00
Return on Capital Employed — ROCE (%)
21.404.505.407.606.208.307.6010.109.9012.405.10
Cash Flow from Operations Excluding Working Capital ($B)
19.707.109.109.908.307.605.308.308.708.0011.40
Debt Ratio — Total Debt to Total Debt Plus Stockholders' Equity (%)
16.3019.8017.9018.0016.8016.6013.9014.2012.7012.0011.50
Net Debt Ratio (%)
13.1017.9015.6015.1014.8014.4010.4011.9010.708.807.30
Working Capital at Period-End ($M)
2,945.00-4,625.002.00-1.000.004.003.001.00-2.004.001.00
Sales and Other Operating Revenues Before Intersegment Elimination — Total ($M, Note 14)6
88,779.0062,265.0056,963.0060,132.0056,698.0057,577.0060,202.0061,854.0063,774.0060,402.00
External Sales and Other Operating Revenues by Segment — Total ($M, Note 14)6
67,199.0047,556.0045,787.0048,169.0044,375.0046,101.0048,334.0048,926.0049,574.0046,580.00
Purchased Crude Oil and Products Expense by Segment — Total ($M, Note 14)5
36,607.0028,265.0025,348.0027,398.0026,858.0028,610.0030,148.0030,450.0030,867.0027,741.00
Operating, Selling, General & Administrative Expenses by Segment — Total ($M, Note 14)6
8,861.008,724.009,030.009,128.007,646.007,640.009,257.007,935.007,710.007,591.00
Depreciation, Depletion & Amortization Expense by Segment — Total ($M, Note 14)6
6,082.005,808.005,884.005,781.004,344.004,123.004,973.004,214.004,004.004,091.00
Consolidated Total Revenues and Other Income ($M, PostgreSQL DB)5
70,055.0048,607.0046,873.0049,726.0044,822.0047,610.0052,226.0050,669.0051,181.0048,716.0047,180.00
Consolidated Operating Cash Flow ($M, PostgreSQL DB)3
22,633.002,514.0010,789.009,385.008,576.005,189.008,695.009,674.006,295.006,828.0012,434.00
Consolidated Total Assets ($M, PostgreSQL DB)2
330,135.00329,551.00324,012.00326,501.00250,820.00256,397.00256,938.00259,232.00260,644.00261,651.00261,632.00

2 metrics have no data in the last 12 quarters — .

Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).

Methodology and excluded metrics
  • Chevron Corporation's latest reported quarter is Q2 2026 (ended June 30, 2026). The Q3 2026 column holds Q3 2026 external energy commodity benchmarks from U.S. EIA / IMF / Federal Reserve / BLS via FRED; monthly columns run through September 2026.
  • Core operating metrics (Worldwide, U.S. and International Upstream liquids, natural gas and oil-equivalent production, U.S. Basin production in the Permian, DJ Basin, Gulf of America and California, country-by-country production across 18 countries, realized prices, refinery crude unit inputs across 8 refineries, distillation capacity and utilization, and refined product sales volumes) come from Chevron's Form 10-Q (Selected Operating Data), Form 10-K (Item 1 & Item 7), and Form 8-K Item 2.02 earnings releases (2016–2026).
  • Annual oil and gas reserve disclosures (Proved reserves by product for Consolidated vs. Affiliated companies, Standardized Measure of Discounted Future Net Cash Flows, Capitalized Costs, Costs Incurred, Results of Producing Operations, average lifting costs per BOE, productive oil/gas wells, developed/undeveloped acreage, and suspended exploratory wells) come from Form 10-K Item 1, Note 19, and Supplemental ASC 932 Tables I–VII.
  • Subsidiary and equity affiliate disclosures include: (1) Chevron U.S.A. Inc. (CUSA, wholly owned principal U.S. operating subsidiary, Note 6), (2) Tengizchevroil LLP (TCO, 50%-owned Kazakhstan affiliate on a 100% standalone basis in Note 7 and 50% equity basis in Note 15), (3) Chevron Phillips Chemical Company LLC (CPChem, 50% owned), GS Caltex Corporation (50% owned), Angola LNG (36.4% owned) and Caspian Pipeline Consortium (15% owned) in Note 15, (4) consolidated midstream subsidiary Hess Midstream LP (NYSE: HESM, CIK 0001789832, 37.8% owned, self-reported 10-K/10-Q/8-K throughput volumes and financials), and (5) pre-acquisition Hess Corporation (CIK 0000004447, acquired July 18, 2025, self-reported Bakken, Guyana Stabroek Block, U.S. Offshore and Malaysia production, prices, unit costs and reserves through Q1 2025).
  • U.S. GAAP filings do not include standalone parent-company financial statements (Schedule I is omitted under Form 10-K Item 15), so there is no consolidated − standalone parent subtraction.
  • All figures are as published by Chevron, Hess Midstream LP, Hess Corporation, or the external statistical agency. The only arithmetic is splitting cumulative reported flows into individual quarters: Q4 = full year (10-K) − nine months (10-Q) and Q2 / Q3 = YTD − prior YTD (shown in italics with the derivation formula).

Data updated 2026-10-25.

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