Chevron Corp’s Financial Performance
Chevron Corp’s recent financial performance has shown mixed results. The company reported earnings that exceeded analyst estimates, but its stock price has been impacted by lower oil prices.
Key Financial Metrics
- Earnings: Exceeded analyst estimates
- Stock Price: Affected by lower oil prices
- Buyback Guidance: Reduced for the second quarter
- Net Debt Ratio: Remains below company targets
Operational Performance
The company’s operational performance has been impacted by the decline in oil prices. In response, Chevron has reduced its buyback guidance for the second quarter.
Shareholder Returns
Chevron’s shareholder returns have been solid, with a significant portion of its earnings being returned to shareholders through dividends and buybacks.
Financial Highlights
- Reduced buyback guidance for the second quarter
- Net debt ratio remains below company targets
- Shareholder returns have been solid through dividends and buybacks