Chevron Announces Fourth Quarter 2025 Earnings and Dividend Increase

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The company's cash flow from operations was $10.8 billion, and adjusted free cash flow was $4.2 billion. Chevron also announced a 4% increase in its quarterly dividend to $1.78 per share, payable on March 10, 2026. The company achieved record production levels and a reserve replacement ratio of 158% in 2025. Key business highlights include the integration of Hess, production ramp-ups in various regions, and advancements in new energy opportunities.

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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.