Chevron Reports Q4 2024 Earnings of $3.2 Billion

Details

Adjusted earnings for Q4 2024 were $3.6 billion. The company returned a record $27 billion of cash to shareholders in 2024, increased worldwide and U.S. production, and achieved key project milestones. A 5% increase in the quarterly dividend to $1.71 per share was also announced.

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About Chevron Corporation

Chevron Corporation is an integrated energy company operating globally in the exploration, production, and transportation of crude oil and natural gas. Its primary function is to harness energy resources, converting them into products essential for modern life. Chevron covers upstream operations such as oil exploration and drilling, and downstream processes including refining, distribution, and marketing of refined petroleum products. Additionally, Chevron invests in renewable energy projects, aiming to create a balanced energy portfolio. As one of the major players in the oil and gas industry, Chevron significantly impacts sectors including manufacturing, transportation, and energy production. Headquartered in San Ramon, California, this multinational corporation plays a pivotal role in meeting global energy demands and contributes to shaping future energy policies.