For Q1 FY2026 (ended March 31, 2026), Chevron reported revenue of $48.607 billion, up 2.1% year-over-year. Net income fell 36.9% to $2.21 billion, and diluted EPS declined 44.5% to $1.11. Total equity stood at $183.715 billion.
•Revenue increased 2.1% YoY to $48.607 billion.
•Net income dropped 36.9% to $2.21 billion.
•Diluted EPS decreased 44.5% to $1.11.
•Equity was $183.715 billion at quarter end.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Chevron Corporation, through its subsidiaries provides the integrated energy and chemicals operations in the United States and globally. Its business is organized into Upstream, Downstream, and All Other segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas.
Its portfolio also includes processing, liquefaction, transportation, and regasification of liquefied natural gas, transportation of crude oil through pipelines, transportation, storage, and marketing of natural gas, carbon capture and storage, and operation of a gas-to-liquids plant. Its Downstream segment refines crude oil into petroleum products.
Its portfolio also includes markets crude oil, refined products, and lubricants, manufactures and markets renewable fuels, transports crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car, and manufactures and markets commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.
The All Other segment engages in cash management and debt financing. Its portfolio also includes insurance, real estate, and technology activities. It has operations in North America, South America, Europe, Africa, Asia, and Australia. Founded in 1879 and headquartered in Houston, Texas, Chevron was formerly known as ChevronTexaco Corporation before rebranding in May 2005.
Chevron Corporation, through its subsidiaries, is a global integrated energy and chemicals company. Its operations are organized into Upstream, Downstream, and All Other segments. The Upstream segment explores for, develops, produces, and transports crude oil and natural gas, and also handles liquefied natural gas processing, carbon capture and storage, and operates a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products, markets crude oil, refined products, and lubricants, manufactures renewable fuels, and produces commodity petrochemicals and plastics. The All Other segment manages cash, debt financing, insurance, real estate, and technology activities. Chevron serves customers across North America, South America, Europe, Africa, Asia, and Australia.
Where is Chevron (CVX) listed and in what currency?
Chevron Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol CVX. The company trades in US dollars (USD), as it is headquartered in the United States and its primary financial reporting is in USD. Investors can buy and sell CVX shares on the NYSE during regular trading hours, and the stock is a component of major US indices. The currency denomination is important for international investors to consider when evaluating returns and exchange rate risks.
What sector and industry does Chevron (CVX) belong to?
Chevron Corporation operates in the Energy sector, specifically within the Oil & Gas Integrated industry. This classification means Chevron is a major integrated oil and gas company involved in the entire value chain, from exploration and production (upstream) to refining, marketing, and transportation (downstream). Integrated companies like Chevron are typically large, diversified, and have operations across multiple geographies. The company's industry peers include other global oil majors such as ExxonMobil, Shell, and BP. Chevron's integrated model helps it manage volatility in oil and gas prices by balancing upstream and downstream margins.
Where is Chevron (CVX) headquartered and what are its main geographic markets?
Chevron Corporation is headquartered in Houston, Texas, United States. Founded in 1879, the company has a long history in the energy industry. Its operations span globally, including North America, South America, Europe, Africa, Asia, and Australia. Key regions include the Permian Basin in the US, the Gulf of Mexico, and international projects in Kazakhstan, Nigeria, and Australia. Chevron's geographic diversity helps mitigate regional risks and provides access to various resource basins and markets. The company's global presence allows it to serve customers worldwide with crude oil, natural gas, refined products, and chemicals.
How does Chevron (CVX) make money?
Chevron generates revenue through its Upstream and Downstream segments. The Upstream segment makes money by exploring, developing, and producing crude oil and natural gas, which are sold to customers or used internally. It also earns from processing and transporting liquefied natural gas, carbon capture and storage services, and operating a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products like gasoline, diesel, and jet fuel, and markets them along with lubricants and renewable fuels. Additionally, it manufactures commodity petrochemicals and plastics. The All Other segment provides financing and treasury services. Chevron's integrated model allows it to capture value across the supply chain, from wellhead to end consumer.