Chevron (CVX) Capital Expenditures (2009 - 2026)

Chevron has reported Capital Expenditures for 18 years, with the latest figure at $4.1 billion in Q1 2026.

• For the quarter ending Q1 2026, Capital Expenditures rose 3.46% year-over-year to $4.1 billion; the trailing twelve-month figure through Mar 2026 stood at $17.5 billion (up 7.35% YoY), and the FY2025 full-year result was $17.3 billion, up 5.47% from the prior year.
• Capital Expenditures for Q1 2026 stood at $4.1 billion, down from $5.3 billion in the prior quarter.
• The five-year high for Capital Expenditures was $5.3 billion in Q4 2025, with the low at $2.0 billion in Q1 2022.
• Historically, Capital Expenditures has averaged $3.9 billion across 5 years, with a median of $4.0 billion in 2024.
• Annual changes were most pronounced in 2022 — Capital Expenditures surged 77.18% — and 2024, when it retreated 13.22%.
• Chevron's Capital Expenditures 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.