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
DateValue
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