CVX at a glance
Chevron Corporation (CVX, SEC CIK 93410) filed its latest 10-K annual report on February 24, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on October 6, 2026 and Form 4 insider filings as recently as September 1, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Chevron Corporation (CVX) reported revenue of $184.4 billion (down 4.6% from FY2024) and net income of $12.3 billion. Diluted EPS was $6.63.
- As of June 30, 2026, 76 institutional investment managers tracked by SignalX reported holding Chevron Corporation (CVX) shares worth $139.3 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Pate R. Hewitt on August 18, 2026 of 2,470 shares at $205.11 per share.
- In the last 90 days, CVX insiders reported 0 open-market purchases ($0) and 15 open-market sales ($229.1M) on Form 4, a net sale of $229.1M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $184.4B
- −4.6% vs prior year
- Insiders · 90 days
- 0 buys · 15 sells
- Net −$229.1M
- 13F holders
- 76 funds
- $139.3B · +1 vs prior quarter
- Latest 8-K
- Jul 31, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Management Discussion & Analysis
- Revenue $184.4B in 2025, down ~5% YoY from $193.4B; net income $12.3B vs $17.7B in 2024, down ~30%
- Operating margin compressed to ~10.4% (pre-tax income $19.7B / revenue $189B) vs ~13.6% in 2024
- Best segment: International Upstream net income $7.0B; worst: US Downstream $1.4B vs $531M prior year (near breakeven)
- Operating cash flow $33.9B vs $31.5B; capex $17.3B; dividends $12.8B; share buybacks $12.1B
- Key risk: Hess acquisition (closed July 2025, $73.5B PP&E fair value) adds leverage; long-term debt rose to $39.8B from $20.1B
Risk Factors
- Plaquemines Parish jury awarded $744.6M against Chevron under Louisiana's SLCRMA in April 2025; appeal pending, outcome uncertain
- Hess acquisition closed 2025; Hess assets = 24% of consolidated total assets but only 3% of revenues, creating significant integration and valuation risk
- Long-term debt surged to $39.8B in 2025 from $20.1B in 2024, largely acquisition-driven, nearly doubling leverage
- TCO Kazakhstan operations material to upstream earnings ($1.6B equity earnings 2025 vs $3.0B in 2024), exposed to geopolitical and export route risk via Caspian Pipeline Consortium
- ~30+ active climate change lawsuits across multiple U.S. jurisdictions; U.S. Supreme Court granted certiorari in Suncor v. Boulder County (No. 25-170), Feb 2026, could set precedent on federal preemption
Business Overview
- Global integrated energy company generating ~$184B in revenue via upstream E&P (majority of earnings) and downstream refining/marketing
- Completed Hess acquisition July 2025; Hess represents 24% of total assets and added ~385,000 BOE/day, lifting worldwide production to 3.7M BOE/day, up 12% YoY
- New diversification moves: entered U.S. lithium sector (135,000 net acres, Smackover Formation), expanded Geismar renewable diesel to 22,000 BPD, and announced first data center power project in West Texas
- Total debt surged to $40.8B from $24.5B YoY as Chevron assumed $10B Hess debt; debt ratio rose to 17.9% vs 13.9%; net income fell to $12.3B from $17.7B on lower crude prices (Brent avg $69 vs $81)
- Abandoned 2050 net-zero upstream Scope 1&2 aspiration timeline, explicitly stating it "is not on track to achieve the aspiration by 2050"
AI summary of the CVX 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Net income $12.1B vs $2.5B YoY, up $9.6B
- Upstream earnings $8.2B vs $2.7B, best segment
- Downstream earnings $4.9B vs $737M, driven by higher refined-product margins
- Production 3.97M barrels per day, up 18% YoY
- Hong Kong sale proceeds approximately $290M; $3B annual run-rate cost savings achieved six months early
Risk Factors
- No material risk-factor changes from Chevron’s 2025 Form 10-K for the six months ended June 30, 2026
- Carried-forward risks remain applicable to operations and financial condition
- Share repurchase authorization declined from $33.0 billion in April to $31.0 billion in June 2026
AI summary of the CVX 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Unaudited Q2 2026 earnings of $12.1 billion
- Results released July 31, 2026
Item EX-99.1: Item EX-99.1
- Q2 earnings $12.1B, or $6.11 diluted EPS, versus $2.5B last year, driven by higher prices, margins, volumes, and $1.4B timing effects
- Production rose 20% to 4.07 MBOED, with record U.S. output and Hess assets accelerating upstream scale
AI summaries of CVX 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for CVX
Don't miss the next CVX filing
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- Fund moves. Which tracked funds opened, added or cut CVX, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| HEWSON MARILLYN A | I | Aug 28, 2026 | 213 | $201.86 |
| WARNER CYNTHIA J | I | Aug 28, 2026 | 19 | $201.86 |
| Pate R. Hewitt | Sell | Aug 18, 2026 | 2,470 | $205.11 |
| Pate R. Hewitt | Sell | Aug 18, 2026 | 2,470 | $205.11 |
| Walz Andrew Benjamin | M | Aug 17, 2026 | 12,700 | $132.69 |
| Walz Andrew Benjamin | Sell | Aug 17, 2026 | 16,800 | $201.06 |
| Walz Andrew Benjamin | M | Aug 17, 2026 | 4,100 | - |
| Moyo Dambisa F | G | Aug 17, 2026 | 350 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $196.9B | $193.4B | $184.4B | |
| Net Income | $21.4B | $17.7B | $12.3B | |
| Net Margin | 10.9% | 9.1% | 6.7% | |
| Balance Sheet | ||||
| Total Assets | $261.6B | $256.9B | $324.0B | |
| Equity | $161.0B | $152.3B | $186.4B | |
| ROE | 13.3% | 11.6% | 6.6% | |
| Per Share | ||||
| EPS | $11.36 | $9.72 | $6.63 | |
| Cash Flow | ||||
| Operating CF | $35.6B | $31.5B | $33.9B | |
Source: XBRL data in Chevron Corporation (CVX)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate CVX share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 76 | $139.34B |
| Q1 2026 | 75 | $172.06B |
| Q4 2025 | 73 | $133.84B |
| Q3 2025 | 75 | $143.37B |
| Q2 2025 | 73 | $115.02B |
| Q1 2025 | 71 | $112.68B |
| Q4 2024 | 68 | $84.37B |
| Q3 2024 | 63 | $61.92B |
- BlackRock+10.10M (+7%)
- AQR Capital Management+4.01M (+269%)
- Goldman Sachs Group+2.77M (+24%)
- Ameriprise Financial+2.56M (+15%)
- Citadel Advisors LLC+2.07M (+145%)
- State Street Corp−4.69M (-3%)
- FMR LLC (Fidelity)−4.23M (-24%)
- T. Rowe Price Group−1.46M (-8%)
- JPMorgan Chase & Co−1.30M (-6%)
- Two Sigma Investments−1.19M (-90%)
- Blackstone Group+2.2K
Source: 13F-HR filings on SEC EDGAR (aggregated from 574 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
CVX filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Oct 6, 2026 | - | - | - |
| 8-K | Oct 5, 2026 | - | - | - |
| 4 | Sep 1, 2026 | - | - | - |
| 4 | Sep 1, 2026 | - | - | - |
| 4 | Aug 20, 2026 | - | - | - |
| 4 | Aug 19, 2026 | - | - | - |
| 4 | Aug 19, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 13, 2026 | - | - | - |
| 13F-HR | Aug 13, 2026 | Jun 30, 2026 | - | |
| 4 | Aug 7, 2026 | - | - | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Aug 5, 2026 | - | - | - |
| 8-K | Jul 31, 2026 | - | Analysis | - |
| 8-K | May 29, 2026 | - | Analysis | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 8-K | May 29, 2026 | - | Analysis | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - |
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CVX SEC filings: frequently asked questions
Are CVX insiders buying or selling?
In the last 90 days, Chevron Corporation (CVX) officers, directors and 10% owners reported no open-market purchases and 15 open-market sales worth $229.1 million by 5 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold CVX stock?
As of June 30, 2026, the largest Chevron Corporation (CVX) holders among the 13F filers tracked by SignalX were BlackRock ($25.7 billion), State Street Corp ($24.6 billion), Vanguard Capital Management LLC ($20.4 billion), Berkshire Hathaway Inc ($14.0 billion), Vanguard Portfolio Management LLC ($7.0 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was CVX's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Chevron Corporation (CVX) reported revenue of $184.4 billion (down 4.6% from FY2024) and net income of $12.3 billion. Diluted EPS was $6.63. The figures come from the XBRL data in the 10-K.
What are the main risks in CVX's latest 10-K?
In the 10-K filed February 24, 2026, Chevron Corporation (CVX) flagged: Plaquemines Parish jury awarded $744.6M against Chevron under Louisiana's SLCRMA in April 2025; appeal pending, outcome uncertain. Hess acquisition closed 2025; Hess assets = 24% of consolidated total assets but only 3% of revenues, creating significant integration and valuation risk. (AI summary of the Risk Factors section.)
What did CVX report in its latest 8-K?
Chevron Corporation (CVX) filed an 8-K on July 31, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Unaudited Q2 2026 earnings of $12.1 billion.
What are the latest CVX SEC filings?
Chevron Corporation (CVX) filed its latest 10-K annual report on February 24, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on October 6, 2026 and a Form 4 insider filing on September 1, 2026.
What is CVX's SEC CIK number?
Chevron Corporation (CVX)'s SEC Central Index Key (CIK) is 93410. EDGAR lists every CVX filing under that number.
Ask anything about CVX
The research agent reads CVX's filings, financials, insider trades and 13F holders, then answers with sources.