U.S. COMPANY FILING
CHEVRON CORP — Form 10-Q filed 2025-11-06
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Chevron's Q3 2025 net income was $3.539 billion, down from $4.487 billion a year ago, impacted by Hess acquisition costs and lower downstream margins. The company completed the Hess acquisition in July, issuing ~301 million shares and assuming $8.8 billion debt. Nine-month operating cash flow was $23.15 billion, capex $12.08 billion. Quarterly dividend increased to $1.71 per share.
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