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Chevron — Third Quarter 2026 Earnings Summary

Chevron Corporation reported third-quarter 2026 earnings of $9.9 billion, or $5.06 per diluted share, with adjusted earnings reaching $10.4 billion. U.S. upstream production exceeded 2 million barrels of oil equivalent per day, while U.S. refineries achieved record crude throughput at 98 percent utilization. The company reduced total debt by $3.5 billion and net debt by $7.8 billion during the quarter, strengthening its balance sheet. Additionally, Chevron announced expanded acreage in Venezuela, plans to reduce Bakken midstream costs by 50 percent, and a new crude oil discovery in Angola.

Company
CHEVRON CORP
Sector
Energy
Industry
Oil & Gas Integrated