Chevron (CVX) Revenue — Quarter Ended Dec 31, 2023
Revenue decreased in the current quarter compared to the immediately preceding quarter. It also declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue decreased in the current quarter compared to the immediately preceding quarter. It also declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$48.9B
Revenue reported for this quarter.
Quarter-over-quarter
-5.8%
Change from the immediately preceding quarter.
Year-over-year
-10.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$196.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $48.8B | -6.6% |
| Jun 30, 2023 | $47.2B | -27.8% |
| Sep 30, 2023 | $51.9B | -18.2% |
| Dec 31, 2023 | $48.9B | -10.3% |
Revenue performance
The reported revenue reflects a downturn from both the prior quarter and the comparable quarter a year ago.
Quarterly comparison
Compared with the prior quarter, revenue contracted, and the year-over-year comparison also showed a decline. No prior-quarter or year-ago figures are supplied for further context.
What to watch
The sequential decline in revenue follows a pattern of quarterly decreases observed in the trailing twelve months.