Chevron Corporation reported a net income of some ***** billion U.S. dollars in 2024. This was less than **** of the net income reported in 2022. In 2020, the company recorded a net loss of **** billion U.S. dollars, it was the first year since 2016 that the company was unable to turn a profit. Nevertheless, Chevron has continued to rank among the leading global oil and gas companies by net income.

Chevron Corporation generated ****** billion U.S. dollars in operating revenue in 2024. The multinational company’s revenue experienced a decade of heavy fluctuations, often mirroring development of the global oil market. Chevron has continuously been listed among the largest U.S. oil and gas companies by market value. Oversupply in the 2010s amid shale extraction development After the 2008 financial crisis, Chevron increased its production of oil and natural gas by implementing horizontal drilling and hydraulic fracturing to access shale and tight reserves both domestically, as well as abroad. As production soared, a surplus of crude oil led to a corresponding decrease in oil prices worldwide and precipitated a decline in Chevron’s revenue. Chevron within the oil industry In 2024, Chevron had Chevron had ownership interest in more than ****** wells distributed all over the globe, with presence on almost every continent. However, over ****** of these wells are located in the United States. That same year, Chevron’s net income amounted to ***** billion U.S. dollars, with the upstream operating sector being the most profitable.

Chevron reported $44.82B in Sales Revenues for its fiscal quarter ending in June of 2025. Data for Chevron | CVX - Sales Revenues including historical, tables and charts were last updated by Trading Economics this last September in 2025.

Chevron Corporation's annual net income per employee was $389.88 K in fiscal year 2024. The net income per employeedecreased$78.73 Kfrom $468.62 K(in 2023) to $389.88 K (in 2024), representing a -16.80% year-over-year decline.

The upstream operating sector was the most profitable for Chevron Corporation in 2024, with a net income amounting to **** billion U.S. dollars. By comparison, the downstream sector reported a net income of *** billion U.S. dollars.

In fiscal year 2024, Chevron Corporation's revenue by geographical region are as follows: Global: $132.00 M, International: $107.97 B, United States: $85.31 B.

Chevron reported $17.49B in Gross Profit on Sales for its fiscal quarter ending in March of 2025. Data for Chevron | CVX - Gross Profit On Sales including historical, tables and charts were last updated by Trading Economics this last September in 2025.

Chevron reported $1.77 in EPS Earnings Per Share for its fiscal quarter ending in June of 2025. Data for Chevron | CVX - EPS Earnings Per Share including historical, tables and charts were last updated by Trading Economics this last September in 2025.

Chevron Corporation's annual revenue was $193.41 B in fiscal year 2024. The annual revenue decreased -$3.50 B from $196.91 B (in 2023) to $193.41 B (in 2024), representing a -1.78% year-over-year decline.

Chevron reported $3.88B in Operating Profit for its fiscal quarter ending in June of 2025. Data for Chevron | CVX - Operating Profit including historical, tables and charts were last updated by Trading Economics this last September in 2025.

The revenue of Chevron Corp with headquarters in the United States amounted to ****** billion U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately ***** billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.

In fiscal year 2024, Chevron Corporation's revenue by segment (products & services) are as follows: All Other: $132.00 M, Downstream: $146.43 B, Upstream: $46.85 B.

Chevron's basic earnings per share of common stock increased to ***** U.S. dollars in 2022. This was significant increased compared to the previous year wherein the value was around **** U.S. dollars. In 2013, the basic earnings per share from the California-based multinational oil company had still amounted to ***** U.S. dollars.

Chevron Corporation began the 2020 financial year with a first quarter net income of *** billion U.S. dollars. As the most challenging year for oil companies since the 2016 oil crisis, Chevron has struggled to turn profits this year. The second quarter was its most humbling that year, when it reported a net loss of *** billion U.S. dollars. Nevertheless, the net losses of its competitor Exxon Mobil in 2020 were far higher.

Chevron reported $2.49B in Net Income for its fiscal quarter ending in June of 2025. Data for Chevron | CVX - Net Income including historical, tables and charts were last updated by Trading Economics this last September in 2025.

In fiscal year 2024, the revenue per employee at Chevron Corporation was $4.27 M. The revenue per employee decreased by $48.45 K from $4.32 M (in 2023) to $4.27 M (in 2024).

Big oil companies brace for lowest profits in four years amid geopolitical tensions and volatile crude prices, impacting giants like Shell, BP, Exxon, and Chevron.

Chevron Australia is a Proprietary Company that generates the majority of its income from the Petroleum Product Wholesaling industry.

ExxonMobil is the largest United States-based oil and gas producing company. As of December 2024, ExxonMobil's revenues amounted to ****** billion U.S. dollars. ExxonMobil’s revenue was significantly higher than its competitors, earning nearly *** billion U.S. dollars more than Chevron, which ranked second that same year. ExxonMobil’s main operations and locations Based in Irving, Texas, ExxonMobil is consistently ranked as one of the top oil and gas companies worldwide based on revenue. The company has early origins in John D. Rockefeller’s Standard Oil Company from the 1880s but became the entity it is today when two major oil companies, Exxon and Mobil, merged in 1999. The company is one of the leading global oil refiners, with refineries in 21 countries. The majority of ExxonMobil's refining capacity is in North America and Europe. Impact of 2022 rise in oil prices ExxonMobil's revenue has seen a stark rise this decade. While a 2020 slump followed impacts of the pandemic on economic activity and outlooks, revenues have more than doubled since then. As a result of rising oil prices, ExxonMobil regained its position among the largest ten companies by revenue worldwide along with other major oil producers and refiners.

ExxonMobil reported a net income of over ** billion U.S. dollars in 2024. The only year in the period of consideration that ExxonMobil ended the year on a net loss was in 2020. This was the result of lower transportation fuel demand and a dramatic fall in oil prices following the spread of the coronavirus pandemic. ExxonMobil's origin story ExxonMobil is a United States-based oil and gas company founded in 1999 through the merger of two companies and is considered one of the Big Oil supermajors. Headquartered in Texas, it has been one of the world’s largest oil and gas companies based on net income. Like its competitors Marathon Petroleum and Chevron, ExxonMobil is derived from John D. Rockefeller’s Standard Oil Company, the first U.S. oil monopoly, which was declared illegal and subsequently dissolved in 1911. ExxonMobil's net income by segment ExxonMobil is made up of three divisions: upstream, product solutions (combining downstream and chemical), and low-carbon solutions. In previous years, more than half of the company's net income came from their upstream segment, which consists of oil exploration, shipping, extraction, and wholesale operations. By comparison, their product solutions segment consists of marketing, refining, and retail operations for petroleum, chemical, and specialty products.