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Chevron Earnings Nearly Triple on Record U.S. Refining Throughput

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Houston, October 30, 2026 — Chevron reported third-quarter earnings of $9.9 billion, or $5.06 per share, compared with $3.5 billion a year earlier. Revenue surged 36% to $67.8 billion, comfortably beating estimates.

The company posted record crude throughput at its U.S. refineries, with utilization at 98%, and reported that U.S. production is up 27% from two years ago.

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