Thursday, September 25, 2025

Chevron: $400 Million Loss Tied To Hess Acquisition -- 3Q25 -- September 25, 2025

Locator: 49240CVX.

Link here

AI prompt:

In round numbers could one say Chevron's (CVX) quarterly numbers are: revenue, $200 billion; earnings, $2 billion?

AI reply:

While the $2 billion earnings estimate is close, stating Chevron's quarterly revenue is $200 billion is inaccurate . 
The correct figures are significantly lower. 
  • Based on its most recent earnings report for the second quarter of 2025 (Q2 2025): 
    • Revenue: The actual revenue was $44.82 billion; 
    • Earnings: The reported GAAP earnings were $2.5 billion. Adjusted earnings were $3.1 billion 

AI prompt:

Chevron (CVX) revenue, earnings. Following the Hess acquisition, what's Chevron's revenue / earnings likely to be for the third quarter, 2025?

AI reply:

  • Reported earnings: A loss of $200 to $400 million.
  • Adjusted earnings: An impact of positive $50 million to $150 million, excluding severance charges and other one-time transaction costs.
  • Revenue: While Chevron's official revenue forecast is not yet available, analysts expect the company's revenue to be approximately $48 billion for the quarter.
  •  Production: Net oil-equivalent production from the acquired Hess assets is forecast to be 450,000–500,000 barrels per day. 

Ticker today:

Is CVX's quarterly dividend at risk? Time will tell.

AI prompt

In the last ten years, what was the worst quarterly loss reported by Chevron (CVX).

AI reply:

The worst quarterly loss reported by Chevron (CVX) in the last ten years was a record $8.3 billion loss in the second quarter of 2020.