CVX Chevron (CVX) Q4 FY25 earnings call
Chevron delivered a strong Q4 FY25, marked by record production and robust free cash flow generation, enabling continued record shareholder returns. The company is entering 2026 from a position of strength, driven by project ramp-ups, the Hess acquisition, and an expanded cost reduction program. Management remains focused on capital discipline and cash flow growth across its diversified portfolio, with strategic investments in key regions like the Eastern Mediterranean and Venezuela.
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CVX operating KPIs by quarter
| KPI | Jun 2025 Q2 FY25 | 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.