{
  "url": "https://struct.news/briefs/chevrons-profit-surged-385-even-as-gasoline-demand-fell",
  "title": "Chevron’s profit surged 385%, even as gasoline demand fell",
  "summary": "Receivables rose 24.6%, faster than inventory, while free-cash-flow margin improved 7.3 percentage points.",
  "published_at": "2026-08-06T15:14:39.618913+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Chevron Corporation",
    "ticker": "CVX",
    "cik": "93410",
    "sector": "Energy",
    "industry": "Oil & Gas Integrated"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-06",
    "accession": "0000093410-26-000167",
    "url": "https://www.sec.gov/Archives/edgar/data/93410/000009341026000167/cvx-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-07",
    "url": "https://www.sec.gov/Archives/edgar/data/93410/000009341025000062/cvx-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 184432000000,
      "display": "$184.4B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0000093410-26-000167",
        "filing_date": "2026-08-06"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": -4.643924431530289,
      "display": "-4.6%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000093410-26-000167",
        "filing_date": "2026-08-06"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Net margin",
      "value": 6.668582458575519,
      "display": "+6.7%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000093410-26-000167",
        "filing_date": "2026-08-06"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Refined-product sales fell as Chevron cited lower gasoline demand, even while consolidated revenue rose on higher realizations and volumes.",
      "importance": "medium",
      "evidence": "Refined product sales were down 44,000 barrels per day, or 3 percent, compared to the year-ago period primarily due to lower demand for gasoline.",
      "source_date": "2026-08-06"
    },
    {
      "type": "capital_investment",
      "statement": "Affiliate capital spending was lower year over year, primarily because CPChem and TCO spent less, adding context to Chevron's cash-generation improvement.",
      "importance": "medium",
      "evidence": "Affiliate capex in the first six months of 2026 was $372 million lower than the prior year primarily due to lower spend at CPChem and TCO.",
      "source_date": "2026-08-06"
    }
  ],
  "related_tickers": [
    "CVX"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}