Chevron Delivers Strong Third-Quarter Earnings, But Market Volatility Impacts Revenue

Chevron Corporation (CVX) reported strong third-quarter earnings for fiscal year 2025 despite a challenging revenue picture. Earnings per share exceeded analyst expectations, driven by strategic acquisitions and record production levels. However, the company’s revenue fell short of forecasts due to market volatility influenced by fluctuating oil prices and integration costs from the Hess acquisition.