That's a wrap.
Market opens Friday, Nov 13 at 9:30 AM ET
| Oct 30, 2026 | Sep 30, 2026 | Time not given | $4.78 | Beat$5.28 | +1.75% |
| Jul 31, 2026 | Jun 30, 2026 | Time not given | $4.94 | Beat$6.06 | +2.35% |
This covers the Jul 31, 2026 report. The Oct 30, 2026 numbers are in the table above.
Chevron beat second-quarter EPS estimates, but shares fell 1.85% as forward earnings and payout risks remained unresolved
Chevron reported $6.06 EPS for the quarter ended June 30, beating the $5.80 estimate by 4.48%. The stock fell to $193.18 on August 3, while guidance details and post-earnings news were unavailable. Production integration and a gas supply deal supported the forward thesis, but next-year EPS growth of -15.62% and a 103.2% payout ratio remained material risks.
Better case33%
Production integration and the new gas supply deal improve earnings durability enough to support the current $193.18 share price.
Base case33%
The EPS beat supports earnings credibility, but weak forward growth and unresolved guidance keep valuation and income appeal mixed.
Worse case33%
Production benefits fade as energy conditions weaken, exposing the dividend and pressuring a stock trading at 18.52 times trailing earnings.
Scenario odds are a judgement, not measured.