Global Finance News
30 Jan 2026, 15:18
Chevron reported solid fourth-quarter and full-year 2025 results, supported by record production and strong cash generation despite lower oil prices.
In Q4 2025, Chevron posted earnings of $2.8 billion, or $1.39 per share, with adjusted earnings of $3.0 billion. Cash flow from operations reached $10.8 billion, while adjusted free cash flow totaled $4.2 billion. For full-year 2025, worldwide and U.S. production rose 12% and 16%, respectively, supported by the Hess acquisition, growth in the Permian Basin, and major project start-ups. Proved reserves increased to about 10.6 billion barrels of oil-equivalent, with a reserve replacement ratio of 158%.
Chevron returned $27.1 billion to shareholders in 2025 through dividends and share repurchases and announced a 4% increase in its quarterly dividend to $1.78 per share, marking the 39th consecutive year of dividend growth.
In Q4 2025, Chevron posted earnings of $2.8 billion, or $1.39 per share, with adjusted earnings of $3.0 billion. Cash flow from operations reached $10.8 billion, while adjusted free cash flow totaled $4.2 billion. For full-year 2025, worldwide and U.S. production rose 12% and 16%, respectively, supported by the Hess acquisition, growth in the Permian Basin, and major project start-ups. Proved reserves increased to about 10.6 billion barrels of oil-equivalent, with a reserve replacement ratio of 158%.
Chevron returned $27.1 billion to shareholders in 2025 through dividends and share repurchases and announced a 4% increase in its quarterly dividend to $1.78 per share, marking the 39th consecutive year of dividend growth.