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Chevron Q3 2026 earnings $9.9B on strong downstream margins, raises dividend

Chevron reported Q3 2026 earnings of $9.9 billion ($5.06 diluted EPS), up 180% from $3.5 billion ($1.82 diluted EPS) in Q3 2025, driven by higher crude oil realizations and improved downstream margins. Adjusted earnings were $10.4 billion ($5.28 per diluted share) excluding $294 million in special charges. Total revenues increased 36% year-over-year to $67.8 billion. The company generated $16.0 billion in cash flow from operations and $12.0 billion in free cash flow. Capital expenditures were $4.0 billion for th...

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