Discontinued — last reported Q3 '24
Business Segments · Net Income (Loss)
Downstream — Net Income (Loss)
Chevron Downstream — Net Income (Loss) decreased by 0.3% to $595.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 64.6%, from $1.68B to $595.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ3 2024
Rolls up toNet Income
How to read this metric
An increase indicates improved refining margins or operational efficiency, while a decrease suggests margin compression or higher operating costs.
Detailed definition
Represents the total profit or loss generated by the downstream segment after accounting for all operating expenses, tax...
Peer comparison
Standard across integrated oil and gas peers as segment net income.
Metric ID:
cvx_segment_downstream_net_income_lossHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $839.00M | $1.31B | $760.00M | $331.00M | $3.52B | $2.53B | $1.80B | $1.51B | $1.68B | $783.00M | $597.00M | $595.00M |
| QoQ Change | — | +56.1% | -42.0% | -56.4% | +964.4% | -28.2% | -28.9% | -16.3% | +11.7% | -53.5% | -23.8% | -0.3% |
| YoY Change | — | — | — | — | +319.9% | +93.1% | +443.8% | -57.2% | -33.5% | -56.5% | -60.4% | -64.6% |
Range$331.00M – $3.52B
CAGR-11.7%
Avg YoY Growth+73.1%
Median YoY Growth-45.0%
Current Streak3 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Chevron's downstream — net income (loss)?
- Chevron (CVX) reported downstream — net income (loss) of $595.00M in Q3 2024.
- How has Chevron's downstream — net income (loss) changed year-over-year?
- Chevron's downstream — net income (loss) decreased by 64.6% year-over-year, from $1.68B to $595.00M.
- What does downstream — net income (loss) mean?
- The net profit or loss generated specifically by the company's refining and marketing business segment.