CHEVRON (CVX) SEC Filings

Chevron Corporation officer Jeff B. Gustavson reported a proposed sale of 24,439 common shares, with an approximate sale date of November 2, 2026 and an aggregate market value of $5,638,275.26. He also reported selling 14,044 common shares on August 11, 2026, for gross proceeds of $2,737,866.56.

Chevron Corporation reported third-quarter 2026 earnings of $9.924 billion, compared with $3.539 billion a year earlier; diluted earnings were $5.06 per share, versus $1.82. Sales and other operating revenues were $65.237 billion, compared with $48.169 billion. Cash flow from operations was $16.014 billion, versus $9.385 billion, and free cash flow was $12.003 billion, versus $4.941 billion. Adjusted earnings, a non-GAAP measure excluding special items and foreign currency effects, were $10.361 billion.

Production averaged 3.980 million barrels of oil equivalent per day, compared with 4.086 million a year earlier. Chevron attributed the decline primarily to lower entitlements from higher prices and Middle East conflict impacts, partly offset by record production at operated assets in Australia, higher Gulf of America production and one month of Venezuela production after a switch to equity accounting. U.S. refineries set a crude-throughput record of 1.09 million barrels per day, with utilization near 98%. Total debt fell $3.5 billion and net debt fell $7.8 billion during the quarter.

The board declared a quarterly dividend of $1.78 per share, payable December 10, 2026, to common-stock holders of record November 18, 2026. Chevron's Venezuelan joint ventures plan to invest $7 billion over the next five years, and the company signed agreements to reduce Bakken midstream costs by approximately 50%.

Chevron (CVX) Chief Legal Officer R. Hewitt Pate exercised options to acquire 2,400 shares on October 19, 2026, and 40,700 shares on October 20, 2026, at an exercise price of $132.69 per share. He sold the same share amounts on those dates at reported weighted-average prices of $225.6108 and $226.6530 per share.

The sales were made under a Rule 10b5-1 trading plan adopted November 26, 2025. The October 19 acquisition included 72 shares from reinvested dividends on vested restricted stock units. Indirect holdings listed include 9,745 shares through a 401(k) plan, 20 shares through Pate Family Trust, and 10,794 shares through Spouse Trust; Pate disclaims beneficial ownership of the spouse-trust shares.

Chevron Corporation (CVX) officer R. Hewitt Pate filed notice of a proposed sale of 43,100 common shares, with a reported value of $9,697,069.00. The notice states the shares were and will be received through stock-option exercises over the next three months, with acquisition and payment dates tied to exercise and sale.

Chevron Corporation (CVX) entered definitive agreements under which it will transfer its ownership interests and general partner position in Hess Midstream LP, along with its DJ Basin crude oil midstream assets, to Hess Midstream. In exchange, Chevron will receive $200 million in cash and revised long-term Bakken commercial terms, including extended contracts and new DJ Basin midstream contracts.

Chevron expects the revised Bakken terms to reduce its unit midstream costs by approximately 50% and expects the transaction to be accretive to return on capital employed by 0.5% on an absolute basis. At closing, it expects to fully deconsolidate Hess Midstream, including approximately $3.7 billion of Hess Midstream debt, and recognize a one-time after-tax loss of approximately $3 to $4 billion, which it expects to treat as a special item. The transaction is subject to customary closing conditions and required regulatory approvals, and is expected to close by year-end 2026.

Chevron Corporation (CVX) announced officer role changes effective January 1, 2027. Mark A. Nelson will remain Vice Chairman, with responsibility for Strategy and Business Development in addition to his corporate duties, and will leave his Executive Vice President, Oil, Products & Gas role. Eimear P. Bonner will become President, Oil, Products & Gas, and will leave her Chief Financial Officer role.

Jeff B. Gustavson was elected Chief Financial Officer and will serve as Chevron’s principal financial officer. Effective January 1, 2027, he will receive an annual base salary of $1,000,000 and have a 110% target bonus percentage under the Chevron Incentive Plan.

Chevron Corp (CVX) director Marillyn A. Hewson reported a discretionary acquisition of derivative awards in the form of phantom stock on 2026-08-28 under Rule 16b-3(f). She acquired 213 phantom stock units at $201.86 per unit, bringing her total phantom stock holdings to 6,400 units, including dividend-equivalent accruals. Each phantom stock unit is payable in Chevron common stock on termination of her board service at a 1-for-1 rate.

CHEVRON CORP (CVX) director Cynthia J. Warner reported a discretionary transaction under Rule 16b-3(f) involving 19 phantom stock units tied to Chevron common stock at a reference value of $201.86 per unit. After this acquisition, she holds 426 phantom stock units under the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan, payable in common stock upon termination of service on a 1-for-1 basis and including dividend equivalent accruals.

CHEVRON CORP (CVX) reported that Chief Legal Officer Pate R. Hewitt disclosed a sale of 2,470 shares of Common Stock on August 18, 2026 at $205.1088 per share, held indirectly through his spouse's trust. He disclaims beneficial ownership of those spouse-trust shares. After this sale, that trust held 10,794 shares. On the same date, he reported 8,719 shares held directly (including 81 shares from dividend reinvestment on vested stock units), 9,664 shares held indirectly through a Chevron 401(k) plan (including 90 shares acquired between March 31, 2026 and August 18, 2026), and 20 shares held indirectly by the Pate Family Trust. The transactions were not reported as made under a Rule 10b5-1 trading plan.