Earnings ·
Chevron Corporation reported second quarter 2026 earnings of $12.1 billion ($6.11 per share diluted), a significant…
CVXChevron Corp
Chevron Corporation reported second quarter 2026 earnings of $12.1 billion ($6.11 per share diluted), a significant increase from the prior year's $2.5 billion, driven by higher commodity prices and record U.S. production. The company achieved a return on capital employed of 21 percent and generated $22.6 billion in cash flow from operations. Chevron reduced total debt by a record $8.4 billion during the quarter and announced a quarterly dividend of $1.78 per share, payable September 10, 2026, to holders of record as of August 19, 2026. Additionally, the company signed a 20-year power purchase agreement with Microsoft for data center electricity in West Texas and completed asset sales in Southeast Asia. Chevron is an integrated energy company engaged in crude oil and natural gas production, refining, and chemical manufacturing.