The company said its Q4 2024 earnings were $3.2 billion ($1.84 per diluted share), compared with $2.3 billion ($1.22) in Q4 2023. Adjusted earnings were $3.6 billion ($2.06) in Q4 2023, compared with $6.5 billion ($3.45) a year earlier.

1. 01

   The company said its Q4 2024 earnings were $3.2 billion ($1.84 per diluted share), compared with $2.3 billion ($1.22) in Q4 2023. Adjusted earnings were $3.6 billion ($2.06) in Q4 2023, compared with $6.5 billion ($3.45) a year earlier.

2. 02

   Chevron said Q4 2024 earnings included severance charges of $715 million and impairment charges of $400 million, and that foreign currency effects increased earnings by $722 million.

3. 03

   Chevron said it returned a record $27.0 billion in cash to shareholders in 2024, consisting of $15.2 billion in share repurchases and $11.8 billion in dividends. Its board declared a quarterly dividend of $1.71 per share, an increase of 5%.

4. 04

   The company reported cash flow from operations of $31.5 billion and free cash flow of $15.0 billion for 2024, and a net debt ratio of 10.4% at the end of 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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