Discontinued — last reported Q3 '24
Oil And Gas — Sales and other operating revenues
Chevron Oil And Gas — Sales and other operating revenues decreased by 3.0% to $61.85B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $64.84B to $61.85B. Over 2 years (FY 2021 to FY 2023), Oil And Gas — Sales and other operating revenues shows an upward trend with a 15.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase typically signals higher production volumes or favorable commodity price environments, while a decrease may indicate production declines, asset divestitures, or lower market prices for energy products.
Detailed definition
This metric represents the total gross revenue generated from the exploration, production, and sale of crude oil, natura...
Peer comparison
This is a standard top-line revenue metric for integrated oil and gas majors, directly comparable to upstream revenue segments reported by peers like ExxonMobil or Shell.
cvx_segment_oil_and_gas_sales_and_other_operating_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $43.28B | $50.20B | $55.43B | $64.28B | $79.91B | $75.34B | $67.53B | $59.42B | $58.41B | $64.84B | $63.47B | $60.40B | $63.77B | $61.85B |
| QoQ Change | — | +16.0% | +10.4% | +16.0% | +24.3% | -5.7% | -10.4% | -12.0% | -1.7% | +11.0% | -2.1% | -4.8% | +5.6% | -3.0% |
| YoY Change | — | — | — | — | +84.7% | +50.1% | +21.8% | -7.6% | -26.9% | -13.9% | -6.0% | +1.6% | +9.2% | -4.6% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Chevron's oil and gas — sales and other operating revenues?
- Chevron (CVX) reported oil and gas — sales and other operating revenues of $61.85B in Q3 2024.
- How has Chevron's oil and gas — sales and other operating revenues changed year-over-year?
- Chevron's oil and gas — sales and other operating revenues decreased by 4.6% year-over-year, from $64.84B to $61.85B.
- What is the long-term trend for Chevron's oil and gas — sales and other operating revenues?
- Over 2 years (2021 to 2023), Chevron's oil and gas — sales and other operating revenues has grown at a 15.1% compound annual growth rate (CAGR), from $185.96B to $246.14B.
- What does oil and gas — sales and other operating revenues mean?
- The total revenue earned from selling crude oil, natural gas, and related liquids produced by the company.