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Chevron CVX Exploration Expense

Exploration Expense at other companies

Contango Silver & Gold logo
Contango Silver & GoldCTGO
$2.93M+1,132%
Occidental Petroleum logo
Occidental PetroleumOXY
$37M-55.4%
MGY
Magnolia Oil & Gas CorporationMGY
$213K-41.3%
Chevron logo
ChevronCVX
$256M+1.6%
Ivanhoe Electric logo
Ivanhoe ElectricIE
$21.41M+52.1%
Jaguar Uranium logo
Jaguar UraniumJAGU
$2.52K-98.6%

Other financials

Income statement

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Revenue$70.1B+56.3%
Gross profit$33.4B+86.2%
Net income$12.1B+385%
EPS (diluted)$6.11+321%

Balance sheet

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Cash & equivalents$9.6B+78.3%
Total debt$37.1B+25.8%
Total equity$189.88B+29.7%
Total assets$330.14B+31.6%

Cash flow

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Operating cash flow$22.6B+164%
CapEx$4.5B+22.3%
Free cash flow$18.1B+272%

Valuation

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Market cap$365.74B+17.7%
Enterprise value$393.23B+17.5%
P/E17.8×-4.9×
P/S1.7×+0.1×

Profitability

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Gross margin45.4%+4.8pp
Net margin9.6%+2.5pp
FCF margin12.5%+4.3pp

Returns & leverage

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Return on equity12.2%+3.3pp
Debt / equity0.2×0.0×
Current ratio1.3×+0.3×

Where this comes from

Reported directly by Chevron in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The source filing: Chevron’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 11:12 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000093410-26-000167

FAQ

What is Chevron's exploration expense?
Chevron (CVX) reported exploration expense of $256M in Q2 2026.
How has Chevron's exploration expense changed year-over-year?
Chevron's exploration expense increased by 1.6% year-over-year, from $252M to $256M.
What is the long-term trend for Chevron's exploration expense?
Over 4 years (2021 to 2025), Chevron's exploration expense has grown at a 17.6% compound annual growth rate (CAGR), from $549M to $1.05B.
What does exploration expense mean?
Exploration Expense as reported by Chevron Corporation.

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