Chevron (CVX) Capital Expenditures (2009 - 2026)
Chevron's (CVX) quarterly Capital Expenditures came in at $4.1 billion in Q1 2026, up 3.46% YoY from $3.9 billion in Q1 2025, and down 22.82% on a QoQ basis from $5.3 billion in Q4 2025.
Chevron (CVX) Capital Expenditures (2009 - 2026) Analysis & Trends
Chevron (CVX) has 18 years of Capital Expenditures data on file, last reported at $4.1 billion in Q1 2026.
- Quarterly Capital Expenditures rose 3.46% year-over-year to $4.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $17.5 billion (up 7.35% YoY) and the FY2025 annual result came in at $17.3 billion, up 5.47% from the prior year.
- Capital Expenditures declined to $4.1 billion in Q1 2026, from $5.3 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $5.3 billion in Q4 2025 to a low of $2.0 billion in Q1 2022.
- A 5-year average of $3.9 billion and a median of $4.0 billion in 2024 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2022 — Capital Expenditures surged 77.18% — and 2024, when it retreated 13.22%.
- Tracing CVX's Capital Expenditures over 5 years: stood at $3.8 billion in 2022, then climbed by 13.72% to $4.4 billion in 2023, then dropped by 0.53% to $4.3 billion in 2024, then gained by 21.35% to $5.3 billion in 2025, then dropped by 22.82% to $4.1 billion in 2026.
- The last three Capital Expenditures figures came in at $4.1 billion (Q1 2026), $5.3 billion (Q4 2025), and $4.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | -4.51 Bn |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 6.47 Bn |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 4.06 Bn |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | - |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 9.99 Bn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | -2.87 Bn |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | -814.52 Mn |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 346.37 Mn |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 4.23 Bn |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.06 Bn |
| Mar 31, 2026 | 4.06 Bn |
| Dec 31, 2025 | 5.26 Bn |
| Dec 31, 2025 | 5.26 Bn |
| Sep 30, 2025 | 4.44 Bn |
| Sep 30, 2025 | 4.44 Bn |
| Jun 30, 2025 | 3.71 Bn |
| Jun 30, 2025 | 3.71 Bn |
| Mar 31, 2025 | 3.93 Bn |
| Mar 31, 2025 | 3.93 Bn |
| Dec 31, 2024 | 4.34 Bn |
| Dec 31, 2024 | 4.34 Bn |
| Sep 30, 2024 | 4.06 Bn |
| Sep 30, 2024 | 4.06 Bn |
| Jun 30, 2024 | 3.97 Bn |
| Jun 30, 2024 | 3.97 Bn |
| Mar 31, 2024 | 4.09 Bn |
| Mar 31, 2024 | 4.09 Bn |
| Dec 31, 2023 | 4.36 Bn |
| Dec 31, 2023 | 4.36 Bn |