CVX Chevron Corporation

company

SEC Filings & Insider Trading Activity 2026

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"

What are the latest CVX SEC filings in 2026?

Chevron Corporation (CVX) has filed a 10-K annual report on February 24, 2026, a 10-Q quarterly report on May 7, 2026, an 8-K current report on July 31, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did CVX file its most recent 10-K annual report?

Chevron Corporation (CVX) filed its most recent 10-K annual report on February 24, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view CVX 10-Q quarterly reports?

Chevron Corporation (CVX)'s most recent 10-Q quarterly report was filed on May 7, 2026. SignalX displays every CVX 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has CVX filed recently?

Chevron Corporation (CVX)'s most recent 8-K was filed on July 31, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find CVX insider trading activity (Form 4)?

SignalX aggregates every CVX Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does CVX file with the SEC?

Chevron Corporation (CVX) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new CVX filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Chevron Corporation (CVX).

What is CVX's SEC CIK number?

Chevron Corporation (CVX)'s SEC CIK (Central Index Key) number is 93410. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 93410 to look up all CVX filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find CVX return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Chevron Corporation (CVX) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.