CVX Chevron (CVX) Q2 FY26 earnings call
Chevron delivered a strong quarter marked by record U.S. production and accelerated achievement of cost reduction and synergy targets. The company is leveraging its integrated portfolio and operational efficiencies to drive free cash flow, while strategically expanding into new energy ventures like Project Kilby. Management emphasized capital discipline and a deep pipeline of growth opportunities across its global assets, including potential new investments in Iraq and Argentina.
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CVX operating KPIs by quarter
| KPI | Jun 2025 Q2 FY25 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Production Permian | 1M boe/d+In the Permian, production averaged more than 1 million barrels of oil equivalent per day, a target we introduced over 5 years ago and achieved right on schedule.Source: earnings call transcript | 1M boe/dAnd as you know, we've got multiple large assets in there, 1 million barrels a day in the Permian, 400 in the DJ, 200 in the Bakken.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.