U.S. MarketsIMPORTANT
Chevron (CVX) Q2 2026 (USD): Adj. EPS 6.06 (exp. 5.53), Revenue 70.055bln (exp. 63.53bln), total production 4.07mln boepd, with U.S. production reaching a record 2.1mln boepd
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Chevron delivered record Q2 2026 results, beating estimates with $6.06 EPS and 2.1 million boepd U.S. production. Strong free cash flow enabled $8.4 billion in debt reduction and a dividend hike.
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Adj. Net income 11.977bln (prev. 3.053bln Y/Y), Operating cash flow 22.633bln (prev. 8.576bln Y/Y), Free cash flow 18.095bln (prev. 4.864bln Y/Y). ROCE 21.4% (prev. 6.2% Y/Y), worldwide production +20% Y/Y to 4.070mboed, US upstream production and U.S. refinery crude throughput reached record highs; total debt reduced by 8.4bln Quarterly dividend increased to 1.78/share.
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