Chevron Corp reported in the third quarter of 2024 net earnings per share of $2.48 a decrease by -28.74 % year on year from $3.48 and an improvement of 2.06 % from $2.43 realized in II. Quarter (Jun 30 2024).
third quarter of 2024
Earnings Per Share
Revenues
$ 2.48
$
50,669 Mill
$-1.00-28.74 %
$-3,411M-6.31 %
Chevron's Revenue
fell by
-6.31 % in third quarter of 2024 (Sep 30 2024) year on year,
to $50,669 million and
declined by
-1 % sequentially.
Chevron 's net income of $4,496.000 million in the third quarter of 2024 decreased by -31.41 % from net earnings of $6,555.000 million achieved in III. Quarter a year ago.
Sequentially
net earnings grew by 1.19 % from net income of $4,443.000 million realized in previous quarter.
Chevron Inventories Inventories grew by 3.15 % to $9,725 million from III. Quarter a year ago, sequentially inventories fell by -7.18 %.
CVX's Cash flow
In the third quarter of 2024 company's net cash flow was $799 million, capital expenditures grew by -4673-13.22%, to $-4,055 millions compare to same quarter a year ago
Introduction Chevron Corp, one of the largest oil and gas companies globally, has experienced a significant decline in financial performance during the April to June 30, 2023 period. With a notable drop in EPS, revenue, and net earnings, the company is grappling with multiple challenges that have hindered its profitability. This article delves into the alarming figures, analyzes the factors contributing to Chevron's decline, and explores the potential implications for its investors. EPS Plunge Reflects Struggling Profitability During the April to June 30, 2023 period, Chevron Corp witnessed a substantial decline in its earnings per share (EPS). Comparing it to the previous year, the EPS plum...
The stock market has recently seen a lot of ups and downs due to the changing scenario in the business world. However, there is some good news for investors who are keeping their eyes peeled on the energy sector as Chevron Corp (CVX) has managed to defy the odds bringing a cheer to its investors. Despite the weak revenue in the January to March 31 2023 span, CVX has grown its earnings per share, with income per share increasing by 7.45% to an impressive $3.46 per share. Alongside this, the company saw a 5.53% improvement in income from the previous reporting season, while revenue decreased by -6.584% to $50.79 billion, year on year. Though the revenue deteriorated by -10.058% from $56.47 billion, the com...