Chevron Stock Premarket: Record Output & Cash Flow Boost – Nov 3, 2025 Key Facts
Chevron’s Q3 report, released Oct. 31, exceeded forecasts despite lower oil prices. Adjusted EPS was $1.85, well above the ~$1.68 consensusreuters.com. Production from legacy Chevron + Hess hit a record 4.1M barrels-of-oil equivalent per dayts2.techwashingtonexaminer.com. Upstream profit fell due to weaker prices, but downstream profit nearly doubled on strong marginsreuters.com. Overall, Chevron generated ~$9.4–9.9B in operating cash flowreuters.com and about $4.9B free cash. The balance sheet remains strong.