Chevron Corporation (NYSE:CVX ) Q2 2025 Earnings Conference Call August 1, 2025 11:00 AM ET Company Participants Eimear P. Bonner - VP & Chief Financial Officer Jake Robert Spiering - General Manager of Investor Relations Mark A.
The sinking price of oil took a big bite out of profits at energy giants ExxonMobil (XOM) and Chevron (CVX) in the second quarter.
CVX topped Q2 earnings estimates as record upstream production and stronger gas prices offset weaker oil realizations.
Chevron Corporation (NYSE:CVX, ETR:CHV) posted second quarter earnings that beat Wall Street expectations as record production offset weaker commodity prices. The company reported adjusted earnings of $3.1 billion or $1.77 per share, above the consensus estimate of $1.70.
Chevron (CVX) came out with quarterly earnings of $1.77 per share, beating the Zacks Consensus Estimate of $1.7 per share. This compares to earnings of $2.55 per share a year ago.
The energy explorer just closed the acquisition of Hess, and got permission from the Trump administration to resume operations in Venezuela.
Chevron second-quarter earnings took a substantial hit due to low oil prices and a loss on its acquisition of Hess Corporation. The oil major's net income declined 43% to $2.49 billion, or $1.45 per share, from $4.43 billion, or $2.43 per share, in the same period last year.
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Evaluate the expected performance of Chevron (CVX) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Chevron Corporation (NYSE: CVX) is set to announce its Q2 results on Friday, August 1, with analysts forecasting EPS of $2.15 on $48.39 billion in revenue. This represents a 29% decrease in earnings and a 9% decline in sales compared to the previous year.
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Beyond analysts' top-and-bottom-line estimates for Chevron (CVX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.