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Natural Gas Lifts Chevron Q1 Earnings Amid Oil Weakness

Equities

Zacks Investment Research

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May 2, 2025

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Barchart

Chevron Corporation CVX reported adjusted first-quarter earnings per share of $2.18, beating the Zacks Consensus Estimate of $2.15. The outperformance stemmed from higher-than-expected U.S. natural gas production in the company’s key upstream segment. The unit’s domestic output of 2,859 million cubic feet per day (MMcf/d) came in above the consensus...

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