Chevron Beats Earnings Expectations, Returns More Than $7 Billion To Shareholders
Chevron beats quarterly profit expectations on higher oil output. Fourth quarter earnings of $6. 4 billion; Adjusted earnings of $7. 9 billion. Return on capital employed of 20. 3 percent in 2022. Record annual cash flow from operations of $49. 6 billion.
The oil major returned a record $7. 7. During the third quarter, chevron returned a record $7. 7 billion of cash to shareholders, including share repurchases of $4. 7 billion and dividends of $2. 9 billion, it said. Chevron reports second quarter 2023 results • reported earnings of $6. 0 billion; Adjusted earnings of $5. 8 billion • record permian basin production, 11 percent higher than the year. Price as of october 31, 2024, 4:00 p. m. Chevron reported solid q3 earnings that topped expectations and returned a record $7. 7 billion of. Chevron reports fourth quarter 2023 results • reported earnings of $2. 3 billion; Adjusted earnings of $6. 5 billion • record $26. 3 billion cash returned to shareholders in 2023 •.