Earnings$CVX10:40 AM ET

Chevron beats Q3 targets as oil surge lifts revenue 36%

By BORSA NewsroomPublished Oct 30, 2026, 10:40 AM EDTUpdated Oct 30, 2026, 10:41 AM EDT

Chevron posted Q3 EPS of $5.06 on revenue of $67.8 billion, beating estimates of $4.87 and $61.8 billion. Revenue rose 36% year over year as Brent crude hit $117. CFO Eimear Bonner said the company will keep its capital allocation steady despite the windfall. Shares rose 2.2% in early trading.

Sentimentbullish 70

Bullish · 70 of 100

Impact60

medium · sector-wide

Confidence90%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Q3 EPS $5.06 vs est $4.87
Q3 revenue $67.8B vs est $61.8B, up 36% YoY