Improved Refining Margins Help Chevron Meet Q1 Profit Estimates

Chevron (NYSE: CVX) reported on Friday adjusted earnings for the first quarter in line with analyst estimates as the U.S. supermajor’s downstream business recovered from a loss for the prior quarter. Chevron booked adjusted earnings of $3.8 billion, or $2. …

Chevron Cuts Buybacks and Exxon Sits Tight as Oil Plunges

Chevron Corp. will reduce share buybacks this quarter after oil prices tumbled, indicating that President Donald Trump’s trade war is hurting a key US industry he pledged to help. The Houston-based company said Friday it will repurchase about $2.75 billion …

Chevron’s First Quarter Earnings Meet Wall Street Profit Estimates

Chevron on Friday reported first-quarter earnings that met Wall Street estimates, but said it would spend less on share repurchases in the current quarter, reflecting the shaky economic outlook faced by Big Oil. The company's share repurchases this …

GLOBAL: Chevron reports $3.5 billion Q1 earnings

Details Written by Ian Taylor Published: 02 May 2025 Chevron has reported earnings of $3.5 billion for the first quarter (Q1) of 2025, compared to $5.5 billion in Q1 2024. In a statement issued today (2 May), the company said attributed the year-on-year (y …

Profits at American oil giants Exxon Mobil and Chevron fall in tandem with waning energy demand

Exxon Mobil’s first quarter profit slumped to the lowest level in years, stung by weaker crude prices and higher costs. The oil and gas giant earned $7.71 billion, or $1.76 per share, for the three months ended March 31. It earned $8.22 billion, or $2.06 …

Exxon Mobil, Chevron Top First-Quarter Earnings Views, Miss Revenue Estimates

Chevron meets Wall Street profit estimates but cuts buybacks in Q2

By Sheila Dang HOUSTON (Reuters) -Chevron on Friday reported first-quarter earnings that met Wall Street estimates, but said it would spend less on share repurchases in the current quarter, reflecting the shaky economic outlook faced by Big Oil.  The …

Chevron Q1 Profit Drops On Higher Costs, Weak International Margins

Oil giant Chevron Corp CVX shares are trading lower premarket on Friday after the company reported first-quarter results. Revenues and other income of $47.61 billion missed the consensus of $48.09 billion.  In the first quarter, net oil-equivalent …

Exxon, Chevron Q1 Earnings on Deck: Oil Price Plunge Puts the Squeeze on Results

Lower oil prices will have a major impact on the large US oil corporation’s Q1 earnings. US crude futures dropped to 59.72, the lowest since Jan 2021, focusing attention on Chevron (NYSE:CVX) and Exxon Mobil (NYSE:XOM) earnings due May 2 premarket. British …

ExxonMobil, Chevron Top Profit Estimates

John Wreford / SOPA Images / LightRocket via Getty Images ExxonMobil (XOM) reported better first-quarter results than analysts expected Friday, while rival Chevron (CVX) beat profit estimates but fell just short of revenue forecasts. ExxonMobil …