chevron reports third quarter 2023 results
- Reported earnings of $6.5 billion; adjusted earnings of $5.7 billion
- Acquired PDC Energy, Inc. and majority interest in ACES Delta, LLC
- Record year-to-date cash returned to shareholders of $20.0 billion
- Announced agreement to acquire Hess Corporation
San Ramon, Calif., October 27, 2023 – Chevron Corporation (NYSE: CVX) reported earnings of $6.5 billion ($3.48 per share - diluted) for third quarter 2023, compared with $11.2 billion ($5.78 per share - diluted) in third quarter 2022. Included in the current quarter were a one-time tax benefit of $560 million in Nigeria and pension settlement costs of $40 million. Foreign currency effects increased earnings by $285 million. Adjusted earnings of $5.7 billion ($3.05 per share - diluted) in third quarter 2023 compared to adjusted earnings of $10.8 billion ($5.56 per share - diluted) in third quarter 2022.
chevron and Angola government announce collaboration on lower carbon opportunities
october 30, 2023
chevron announces agreement to acquire hess
october 23, 2023
chevron acquires majority stake in the advanced clean energy storage hydrogen project in delta, utah
september 12, 2023
chevron elects to terminate exchange offer and consent solicitation
august 21, 2023
chevron email updates
Subscribe to our newsletter to receive news and updates.