1、news releaseChevron Reports Second Quarter 2024 Results Reported earnings of$4.4 billion;adjusted earnings of$4.7 billion Record Permian production;worldwide production 11 percent higher than last year Returned$6 billion cash to shareholders;more than$50 billion over last two yearsSan Ramon,Calif.,A
2、ugust 2,2024 Chevron Corporation(NYSE:CVX)reported earnings of$4.4 billion($2.43 per share-diluted)for second quarter 2024,compared with$6.0 billion($3.20 per share-diluted)in second quarter 2023.Foreign currency effects decreased earnings by$243 million.Adjusted earnings of$4.7 billion($2.55 per sh
3、are-diluted)in second quarter 2024 compared to adjusted earnings of$5.8 billion($3.08 per share-diluted)in second quarter 2023.See Attachment 4 for a reconciliation of adjusted earnings.Earnings&Cash Flow SummaryYTDUnit2Q 20241Q 20242Q 20232Q 20242Q 2023Total Earnings/(Loss)$MM$4,434$5,501$6,010$9,9
4、35$12,584 Upstream$MM$4,470$5,239$4,936$9,709$10,097 Downstream$MM$597$783$1,507$1,380$3,307 All Other$MM$(633)$(521)$(433)$(1,154)$(820)Earnings Per Share-Diluted$/Share$2.43$2.97$3.20$5.40$6.66 Adjusted Earnings(1)$MM$4,677$5,416$5,775$10,093$12,519 Adjusted Earnings Per Share-Diluted(1)$/Share$2.
5、55$2.93$3.08$5.48$6.63 Cash Flow From Operations(CFFO)$B$6.3$6.8$6.3$13.1$13.5 CFFO Excluding Working Capital(1)$B$8.7$8.0$9.4$16.7$18.5(1)See non-GAAP reconciliation in attachments“This quarter,we delivered strong production,enhanced our global exploration portfolio and extended our track record of
6、 consistent shareholder returns with over$50 billion of distributions in the last two years,”said Mike Wirth,Chevrons chairman and chief executive officer.“Despite recent operational downtime and softer margins,we remain poised to deliver significant long-term earnings and cash flow growth.”Chevrons