Chevron's Earnings Plummet in 2025 Amid High Stock Prices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: NASDAQ.COM
- Earnings Decline: Chevron's upstream profits fell from $18.6 billion in 2024 to $12.82 billion in 2025 primarily due to lower oil prices, although downstream profits surged by 75%, demonstrating the company's resilience in diversified operations.
- Cash Flow Growth: The company generated an additional $2.4 billion in cash flow from operations, supporting larger capital expenditures, stock buybacks, and its growing dividend, indicating financial health even in a low oil price environment.
- Acquisition Advantage: Chevron's acquisition of Hess enhances its production capabilities in Guyana, collaborating with ExxonMobil and CNOOC to leverage geological advantages for more efficient hydrocarbon extraction, further solidifying its market position.
- Dividend Stability: Management announced a 4% increase in dividends on January 30, marking the 38th consecutive year of dividend growth, showcasing the company's ability to provide reliable returns to investors despite multiple oil price crashes.
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Analyst Views on CVX
Wall Street analysts forecast CVX stock price to fall
19 Analyst Rating
15 Buy
4 Hold
0 Sell
Strong Buy
Current: 182.400
Low
158.00
Averages
176.95
High
206.00
Current: 182.400
Low
158.00
Averages
176.95
High
206.00
About CVX
Chevron Corporation is an integrated energy company. The Company produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance its business and industry. The Company’s segments include Upstream and Downstream. Upstream operations consist primarily of exploring for, developing, producing and transporting crude oil and natural gas; liquefaction, transportation and regasification associated with LNG; transporting crude oil by major international oil export pipelines; processing, transporting, storage and marketing of natural gas; carbon capture and storage; and a gas-to-liquids plant. Downstream operations consist primarily of the refining of crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels, and transporting of crude oil and refined products by pipeline, marine vessel, motor equipment and rail car.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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