CVX Furnishes earnings results (Ex. 99.1)
Summary
Chevron Corporation reported second quarter 2026 earnings of $12.1 billion ($6.11 per share diluted) on July 31, 2026, via Ex. 99.1 press release. The company achieved a return on capital employed of 21 percent and saw worldwide production increase 20 percent from last year. * Record U.S. production was achieved. * Record crude unit throughput at U.S. refineries, with 97 percent utilization. * Signed a 20-year power agreement with Microsoft for a West Texas data center. * Adjusted earnings were $12.0 billion ($6.06 per share diluted).
Why It Matters
Chevron reported strong second quarter 2026 results, including $12.1 billion in earnings and a 21 percent return on capital employed, alongside record U.S. production and a 20 percent increase in worldwide production, signaling robust operational performance and profitability. The 20-year power agreement with Microsoft also highlights strategic growth initiatives.
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Filing Details
Reported Items
Additional Information
- CIK Number
- 0000093410
- Filing Date
- Friday, July 31, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive