雪佛龙Chevron Corporation（CVX）2025年第一季度业绩报告「NYSE」（英文版）（10页）.pdf

1、news releaseChevron Reports First Quarter 2025 Results Reported earnings of$3.5 billion;adjusted earnings of$3.8 billion Returned$6.9 billion cash to shareholders;acquired$2.2 billion of Hess shares Started production from Ballymore field in the Gulf of America in AprilHouston(May 2,2025)Chevron Cor

2、poration(NYSE:CVX)reported earnings of$3.5 billion($2.00 per share-diluted)for first quarter 2025,compared with$5.5 billion($2.97 per share-diluted)in first quarter 2024.Included in the quarter was a net loss of$175 million related to legal reserves and a tax charge due to changes in the energy prof

3、its levy in the United Kingdom that were partially offset by the fair value measurement of Hess Corporation shares.Foreign currency effects decreased earnings by$138 million.Adjusted earnings of$3.8 billion($2.18 per share-diluted)in first quarter 2025 compared to adjusted earnings of$5.4 billion($2

4、.93 per share-diluted)in first quarter 2024.See Attachment 4 for a reconciliation of adjusted earnings.Earnings&Cash Flow SummaryUnit1Q 20254Q 20241Q 2024Total Earnings/(Loss)$MM$3,500$3,239$5,501 Upstream$MM$3,758$4,304$5,239 Downstream$MM$325$(248)$783 All Other$MM$(583)$(817)$(521)Earnings Per Sh

5、are-Diluted$/Share$2.00$1.84$2.97 Adjusted Earnings(1)$MM$3,813$3,632$5,416 Adjusted Earnings Per Share-Diluted(1)$/Share$2.18$2.06$2.93 Cash Flow From Operations(CFFO)$B$5.2$8.7$6.8 CFFO Excluding Working Capital(1)$B$7.6$5.3$8.0(1)See non-GAAP reconciliation in attachments“This quarter reflected c

6、ontinued strong execution and progress on our objective to deliver superior shareholder value,”said Mike Wirth,Chevrons chairman and chief executive officer.Over the last three years,Chevron has returned more than$78 billion of cash to shareholders.“Despite changing market conditions,our resilient p