Chevron (CVX) Capital Expenditures (2009 - 2026)
Chevron's (CVX) quarterly Capital Expenditures came in at $4.5 billion in Q2 2026, up 22.25% on a YoY basis from $3.7 billion in Q2 2025, and up 11.69% quarter-over-quarter from $4.1 billion in Q1 2026.
Analysis
Chevron (CVX) Capital Expenditures (2009 - 2026) Analysis & Trends
Chevron (CVX) has reported Capital Expenditures for 18 consecutive years, with $4.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures rose 22.25% year-over-year to $4.5 billion; the trailing twelve-month figure through Jun 2026 stood at $18.3 billion (up 14.2% YoY), and the FY2025 full-year result was $17.3 billion, up 5.47% from the prior year.
- Capital Expenditures climbed to $4.5 billion in Q2 2026 per CVX's latest filing, from $4.1 billion in the prior quarter.
- Across five years, Capital Expenditures topped out at $5.3 billion in Q4 2025 and bottomed 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.
- The sharpest annual moves came in 2022 and 2024: Capital Expenditures soared 77.18% in 2022, then decreased 13.22% in 2024.
- Over 5 years, Capital Expenditures stood at $3.8 billion in 2022, then increased by 13.72% to $4.4 billion in 2023, then fell by 0.53% to $4.3 billion in 2024, then climbed by 21.35% to $5.3 billion in 2025, then retreated by 13.79% to $4.5 billion in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $4.5 billion, $4.1 billion, and $5.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 4.54 Bn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | -4.24 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | -4.23 Bn |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | -2.37 Bn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 2.87 Bn |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 726.00 Mn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 1.35 Bn |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 383.15 Mn |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 1.59 Bn |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.54 Bn |
| Mar 31, 2026 | 4.06 Bn |
| Dec 31, 2025 | 5.26 Bn |
| Sep 30, 2025 | 4.44 Bn |
| Jun 30, 2025 | 3.71 Bn |
| Mar 31, 2025 | 3.93 Bn |
| Dec 31, 2024 | 4.34 Bn |
| Sep 30, 2024 | 4.06 Bn |
| Jun 30, 2024 | 3.97 Bn |
| Mar 31, 2024 | 4.09 Bn |
| Dec 31, 2023 | 4.36 Bn |
| Sep 30, 2023 | 4.67 Bn |
| Jun 30, 2023 | 3.76 Bn |
| Mar 31, 2023 | 3.04 Bn |
| Dec 31, 2022 | 3.84 Bn |
| Sep 30, 2022 | 3.00 Bn |
| Jun 30, 2022 | 3.18 Bn |
| Mar 31, 2022 | 1.96 Bn |
| Dec 31, 2021 | 2.61 Bn |
| Sep 30, 2021 | 1.91 Bn |