The company said it reported net income of $2.5 billion ($1.45 per diluted share) for Q2 2025, compared with $4.4 billion ($2.43 per share) for Q2 2024. Adjusted earnings were $3.1 billion ($1.77 per share) for Q2 2024, compared with $4.7 billion ($2.55 per share).

1. 01

   The company said it reported net income of $2.5 billion ($1.45 per diluted share) for Q2 2025, compared with $4.4 billion ($2.43 per share) for Q2 2024. Adjusted earnings were $3.1 billion ($1.77 per share) for Q2 2024, compared with $4.7 billion ($2.55 per share).

2. 02

   Chevron said Q2 results included a net loss of $215 million tied to the fair value measurement of Hess Corporation shares and company pension curtailment costs, partly offset by a gain on the sale of certain non-operated U.S. pipeline assets. It also said foreign currency effects reduced earnings by $348 million.

3. 03

   The company reported cash flow from operations of $8.6 billion for Q2 2025, or $8.3 billion excluding working capital. Free cash flow, after deducting capital expenditures of $3.7 billion, was $4.9 billion, and cash flow from operations was $6.3 billion for Q2 2024.

4. 04

   Chevron said it returned a total of $5.5 billion to shareholders in Q2, including share repurchases of $2.6 billion and dividends of $2.9 billion. It also said it completed the acquisition of Hess Corporation in July.

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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