Chevron | 8-K: FY2025 Q2 Revenue: USD 44.38 B

Revenue: As of FY2025 Q2, the actual value is USD 44.38 B.

EPS: As of FY2025 Q2, the actual value is USD 1.45, missing the estimate of USD 1.6473.

EBIT: As of FY2025 Q2, the actual value is USD 4.147 B.

Segment Revenue

• Upstream: Earnings for the second quarter of 2025 were $2,727 million, compared to $4,470 million in the second quarter of 2024.
• Downstream: Earnings for the second quarter of 2025 were $737 million, compared to $597 million in the second quarter of 2024.

Operational Metrics

• Net Income: Chevron reported net income of $2,490 million for the second quarter of 2025, compared to $4,434 million in the second quarter of 2024.
• Operating Expenses: Operating expenses for the second quarter of 2025 were $7,646 million, slightly down from $7,710 million in the second quarter of 2024.
• Depreciation, Depletion, and Amortization: These costs were $4,344 million for the second quarter of 2025, up from $4,004 million in the second quarter of 2024.

Cash Flow

• Cash Flow from Operations: Chevron generated $8.6 billion in cash flow from operations in the second quarter of 2025, compared to $6.3 billion in the second quarter of 2024.
• Free Cash Flow: Free cash flow for the second quarter of 2025 was $4.9 billion, compared to $2.3 billion in the second quarter of 2024.

Unique Metrics

• Net Oil-Equivalent Production: Chevron’s net oil-equivalent production was 3,396 MBOED in the second quarter of 2025, up from 3,292 MBOED in the second quarter of 2024.

Outlook / Guidance

Chevron anticipates that the acquisition of Hess Corporation will strengthen its diversified portfolio and extend its production and free cash flow growth profile well into the next decade. The company aims to leverage Hess’s high-quality assets to create one of the most advantaged and differentiated portfolios in the industry.