Chevron (CVX) Tops Q2 EPS by 73c, Beats on Revenues

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Go back to Chevron (CVX) Tops Q2 EPS by 73c, Beats on Revenues

Chevron Announces Second Quarter 2022 Results

July 29, 2022 6:15 AM EDT

Reported earnings of $11.6 billion; adjusted earnings of $11.4 billion Cash flow from operations of $13.8 billion; free cash flow of $10.6 billion Completed acquisition of Renewable Energy Group, Inc.

SAN RAMON, Calif.--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) today reported earnings of $11.6 billion ($5.95 per share - diluted) for second quarter 2022, compared with $3.1 billion ($1.60 per share - diluted) in second quarter 2021. Included in the current quarter were charges associated with an early contract termination of $600 million, pension settlement costs of $11 million, and a gain on asset sales of $200 million. Foreign currency... More