Chevron's Q2 2025 earnings beat estimates, with strong revenue and a rising stock price.

In November 2025, Chevron Corporation reported strong second-quarter earnings, with $1.85 in adjusted earnings per share, exceeding estimates, and $48.17 billion in revenue, despite a 1.9% year-over-year decline. The company announced a quarterly dividend of $1.71, yielding 4.6%, and maintained a net margin of 7.02% and return on equity of 9.90%. Stock rose to $149.72, with a market cap of $301.47 billion. Institutional investors, including United Super and Maia Wealth, increased stakes, while others like Garner Asset Management reduced holdings. Analysts maintain a consensus “Hold” rating with a target price of $165.58.