1、news releaseChevron Reports First Quarter 2024 Results Reported earnings of$5.5 billion;adjusted earnings of$5.4 billionWorldwide production 12 percent higher than a year ago Returned$6 billion cash to shareholders;eighth straight quarter over$5 billion Achieved key project milestones in Kazakhstan,
2、East Mediterranean and U.S.San Ramon,Calif.,April 26,2024 Chevron Corporation(NYSE:CVX)reported earnings of$5.5 billion($2.97 per share-diluted)for first quarter 2024,compared with$6.6 billion($3.46 per share-diluted)in first quarter 2023.Foreign currency effects increased earnings by$85 million.Adj
3、usted earnings of$5.4 billion($2.93 per share-diluted)in first quarter 2024 compared to adjusted earnings of$6.7 billion($3.55 per share-diluted)in first quarter 2023.See Attachment 4 for a reconciliation of adjusted earnings.Earnings&Cash Flow SummaryUnit1Q 20244Q 20231Q 2023Total Earnings/(Loss)$M
4、M$5,501$2,259$6,574 Upstream$MM$5,239$1,586$5,161 Downstream$MM$783$1,147$1,800 All Other$MM$(521)$(474)$(387)Earnings Per Share-Diluted$/Share$2.97$1.22$3.46 Adjusted Earnings(1)$MM$5,416$6,453$6,744 Adjusted Earnings Per Share-Diluted(1)$/Share$2.93$3.45$3.55 Cash Flow From Operations(CFFO)$B$6.8$
5、12.4$7.2 CFFO Excluding Working Capital(1)$B$8.0$11.4$9.0(1)See non-GAAP reconciliation in attachments“We had another quarter of strong operational and financial performance and delivered superior cash returns to shareholders,”said Mike Wirth,Chevrons chairman and chief executive officer.“U.S.produc
6、tion was up 35 percent from a year ago,and we continued to meet major project milestones.”Chevrons return on capital employed in the first quarter 2024 was greater than 12 percent,as the company increased its dividend per share payout by 8 percent from fourth quarter 2023 and repurchased nearly$3 bi