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Chevron | 8-K: Chevron Reports Third Quarter 2024 Results

Chevron | 8-K: Chevron Reports Third Quarter 2024 Results

雪佛龙 | 8-K:雪佛龙公布2024年第三季度业绩
美股SEC公告 ·  2024/11/01 11:22

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Chevron reported Q3 2024 earnings of $4.5 billion ($2.48 per share), down from $6.5 billion ($3.48 per share) in Q3 2023, primarily due to lower refined product margins and the absence of prior year favorable tax items. Cash flow from operations remained steady at $9.7 billion. The company returned a record $7.7 billion to shareholders, including $4.7 billion in share repurchases and $2.9 billion in dividends.Worldwide net oil-equivalent production increased 7% year-over-year, with U.S. and Permian Basin production setting new quarterly records. The company started up key projects in the U.S. Gulf of Mexico, including Anchor, Jack/St. Malo, and Tahiti fields, targeting production growth to 300,000 barrels per day by 2026.Chevron announced strategic portfolio optimization initiatives, including a $6.5 billion sale of Canadian assets expected to close in Q4 2024, as part of its $10-15 billion divestment plan through 2028. The company is targeting $2-3 billion in structural cost reductions from 2024 by end of 2026 and cleared FTC antitrust review for its pending Hess Corporation merger.
Chevron reported Q3 2024 earnings of $4.5 billion ($2.48 per share), down from $6.5 billion ($3.48 per share) in Q3 2023, primarily due to lower refined product margins and the absence of prior year favorable tax items. Cash flow from operations remained steady at $9.7 billion. The company returned a record $7.7 billion to shareholders, including $4.7 billion in share repurchases and $2.9 billion in dividends.Worldwide net oil-equivalent production increased 7% year-over-year, with U.S. and Permian Basin production setting new quarterly records. The company started up key projects in the U.S. Gulf of Mexico, including Anchor, Jack/St. Malo, and Tahiti fields, targeting production growth to 300,000 barrels per day by 2026.Chevron announced strategic portfolio optimization initiatives, including a $6.5 billion sale of Canadian assets expected to close in Q4 2024, as part of its $10-15 billion divestment plan through 2028. The company is targeting $2-3 billion in structural cost reductions from 2024 by end of 2026 and cleared FTC antitrust review for its pending Hess Corporation merger.
雪佛龙报告2024年第三季度的收益为45亿美元(每股2.48美元),低于2023年第三季度的65亿美元(每股3.48美元),主要由于精炼产品利润下降和去年缺乏有利的税项。来自运营的现金流保持稳定,为97亿美元。该公司向股东返还了创纪录的77亿美元,包括47亿美元的股票回购和29亿美元的分红派息。全球净油当量产量同比增长7%,美国和二叠纪盆地的生产创下新的季度记录。该公司在美国墨西哥湾启动了关键项目,包括Anchor、Jack/St. Malo和Tahiti油田,目标是在2026年前实现每天30万桶的生产增长。雪佛龙宣布了战略投资组合优化举措,包括预计在2024年第四季度完成的65亿美元的加拿大资产出售,这是其计划在2028年前进行的100-150亿美元剥离计划的一部分。该公司计划到2026年底实现2024年起20-30亿美元的结构性成本削减,并已通过FTC的反垄断审查,等待与Hess Corporation的合并。
雪佛龙报告2024年第三季度的收益为45亿美元(每股2.48美元),低于2023年第三季度的65亿美元(每股3.48美元),主要由于精炼产品利润下降和去年缺乏有利的税项。来自运营的现金流保持稳定,为97亿美元。该公司向股东返还了创纪录的77亿美元,包括47亿美元的股票回购和29亿美元的分红派息。全球净油当量产量同比增长7%,美国和二叠纪盆地的生产创下新的季度记录。该公司在美国墨西哥湾启动了关键项目,包括Anchor、Jack/St. Malo和Tahiti油田,目标是在2026年前实现每天30万桶的生产增长。雪佛龙宣布了战略投资组合优化举措,包括预计在2024年第四季度完成的65亿美元的加拿大资产出售,这是其计划在2028年前进行的100-150亿美元剥离计划的一部分。该公司计划到2026年底实现2024年起20-30亿美元的结构性成本削减,并已通过FTC的反垄断审查,等待与Hess Corporation的合并。
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