Chevron CorporationCVX

Chevron Corporation filed its 10-Q for the quarter ending March 31, 2026, reporting revenues of $48.61 billion and net income attributable to the parent of $2.21 billion, producing diluted earnings per share of $1.11 across a weighted average of 1.99 billion diluted shares. The filing also shows $2.51 billion in net cash from operating activities, against an inventory increase of $843 million that lifted total net inventory to $10.55 billion.

Chevron operates across the full hydrocarbon value chain, from exploration and production of crude oil, natural gas liquids and natural gas through to refining, marketing, supply and distribution of petroleum-derived products. The 10-Q explicitly notes that the company's assets include those related to upstream extraction and downstream processing, excluding most regulated pipeline operations. Its net short position in commodity derivative contracts was approximately 40 million barrels of oil-equivalent at March 31, 2026, up from 29 million at December 31, 2025, primarily to manage price risks on physical shipments.

The balance sheet at March 31, 2026 shows total assets of $329.55 billion, total liabilities of $140.18 billion and stockholders' equity attributable to the parent of $183.72 billion. Research and development expense for the full year ending December 31, 2025 was $427 million, per the company's most recent 10-K. Sales and other operating revenues were $47,556 million for the first quarter of 2026, compared with $46,101 million in the prior-year period.

The SEC EDGAR filing index and companyfacts JSON for CIK 0000093410 provide the structured data backbone for these figures, while the submissions JSON tracks the full filing history. The 8-K filed May 29, 2026 records the annual meeting voting results, including ratification of PricewaterhouseCoopers as independent auditor for 2026 and advisory approval of named executive officer compensation. The source-change rail is filing/source-led and does not use chart-derived signals. Chart context is available separately on this page through the Atlas chart snapshot or TradingView route where available.

Two 11-K filings dated June 24, 2026 reveal the Hess Corporation retirement plan integration. Effective December 31, 2025, Hess plan participants obtained the right to participate in and accrue benefits under the Chevron Employee Savings Investment Plan, with no reduction to accrued vested benefits. The filings also reference guaranteed investment contracts with Principal Life Insurance Company and Lincoln National Life Insurance Company held within the plan.

Form 4 filings from May 29 and June 3, 2026 show activity under the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan, where phantom stock units become payable in common stock upon a director's termination of service. These filings represent routine director compensation mechanics rather than open-market purchases or sales, and the evidence rail does not supply any insider buy or sell transactions beyond this plan activity.

What remains unproven from the current evidence: no guidance figures, no segment-level revenue breakdown, no free cash flow calculation and no dividend or buyback data are supplied in the filing excerpts available. The next quarterly filing with full income statement and cash flow detail would deepen the file, as would any 8-K disclosing acquisition progress, capital allocation updates or commodity price assumptions.