Chevron (CVX) Tops Q3 EPS by 75c

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Chevron Announces Third Quarter 2021 Results

October 29, 2021 6:00 AM EDT

Reported earnings of $6.1 billion Cash flow from operations of $8.6 billion; record free cash flow of $6.7 billion Share repurchases of $625 million

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $6.1 billion ($3.19 per share - diluted) for third quarter 2021, compared with a loss of $207 million ($(0.12) per share - diluted) in third quarter 2020. Included in the current quarter were asset sale gains of $200 million and pension settlement costs of $81 million. Foreign currency effects increased earnings by $305 million. Adjusted earnings of $5.7 billion ($2.96 per share -... More