Chevron Corporation reported earnings of $3.5 billion for third quarter 2025, compared with $4.5 billion in third quarter 2024. Included in the quarter was a net loss of $235 million due to severance and other transaction costs related to the acquisition of Hess Corporation , partly offset by the fair value measurement of Hess shares. Foreign currency effects increased earnings by $147 million. Adjusted earnings of $3.6 [...]
Chevron Corp.1 today announced Kevin McLachlan will become Vice President of Exploration, effective November 1. McLachlan will oversee the company's worldwide exploration program. McLachlan will be based in Houston and succeed Liz Schwarze, who is retiring in February after 36 years of service to the company. "Kevin will be an important addition to the Exploration organization," said Clay Neff, president of Chevron [...]
Chevron Corp. , one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, October 31, 2025, at 11:00 a.m. ET . Conference Call Information: Date: Friday, October 31, 2025 Time: 11:00 a.m. ET / 10:00 a.m. CT Dial-in # : 888-256-9157 Conference ID #: 5158291 Speakers: Mike Wirth - Chairman of the Board & Chief Executive Officer Eimear Bonner - Vice President & Chief Financial [...]
Chevron Corp. announced that John B. Hess has been appointed to Chevron's Board of Directors. Hess, 71, served as CEO of Hess Corp. from 1995 to 2025 and as Chairman from 1995 to 2013. He led the company through its strategic transformation from an integrated oil company into a focused global independent exploration and production company. "We are excited to welcome John Hess to Chevron's Board," said Mike Wirth [...]
Chevron announced today that it has completed its acquisition of Hess Corp. following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding Hess' offshore Guyana asset. The combined company has one of the most advantaged and differentiated portfolios in the industry, with leading positions in critical energy markets around the world and a high cash margin production [...]
Chevron today announced a donation of $250,000 to three community partners, Community Foundation of the Texas Hill Country, Team Rubicon and the Fuel Relief Fund, to support flood relief efforts in Central and West Texas. Community Foundation of the Texas Hill Country will receive $100,000 to support local organizations providing rescue, relief and recovery services. Team Rubicon will receive $100,000 to assess damage [...]
Chevron Corp. , one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, August 1, 2025, at 11:00 a.m. ET . Conference Call Information: Date: Friday, August 1, 2025 Time: 11:00 a.m. ET / 10:00 a.m. CT Dial-in # : 888-240-9352 Conference ID #: 7352942 Speakers: Mike Wirth - Chairman of the Board & Chief Executive Officer Mark Nelson - Vice Chairman Eimear Bonner - Vice [...]
TerraVolta Resources, LLC and its investor, The Energy & Minerals Group , announced that they have closed on a transaction to sell all equity interests in two subsidiaries that own certain leasehold acreage positions in east Texas and southwest Arkansas to Chevron U.S.A. Inc., a subsidiary of Chevron Corp. . Chevron's acquisition comprises approximately 100,000 net acres, establishing a lithium resource position in the [...]
Chevron U.S.A. Inc., a subsidiary of Chevron Corp. , announced today the acquisition of two leasehold acreage positions. The first from TerraVolta Resources, whose investor is an affiliate of The Energy & Minerals Group , and the second from East Texas Natural Resources LLC. The estimated leasehold position includes ~125,000 net acres and is situated across regions where the Smackover Formation is present, specifically [...]
Chevron U.S.A. Inc., a subsidiary of Chevron Corp. , and Halliburton jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention. The capability enhances the previous implementation of autonomous [...]
Chevron Corp. today provided an overview of the company's business performance and plans at its Annual Meeting of Stockholders. The meeting highlighted the company's strong performance and consistent strategy, with stockholders showing their support by voting in favor of the full slate of Directors and with the company's recommendations on all matters to be voted upon. "Our strong performance in 2024 and through the first [...]
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