Chevron Corp (CVX) results explained: sales up 31%

Quantooo Lab · 2026-10-30

What happened?

Chevron Corp (CVX) reported results on 30 Oct, covering the 9 months to 30 Sep.

The numbers in plain words

Sales were up 31.2% compared with the same period a year earlier. The company is funded about the same by borrowing than a year ago (42% of assets vs 42%).

Source: the company's 10-Q filed 2026-11-05.

How did the share price react?

Since the results, the share price has moved −8.01% (to the close of 5 Nov), while the S&P 500 moved −4.73%.

What changed in our score?

Our score went from 70 to 62 out of 100; the fundamentals part went from 64 to 74. Every step of the calculation: CVX stock page.

How bumpy could the next month be?

Our volatility model expects the next month to be bumpier than usual for CVX (24% a year vs a normal 23%).

What does it mean?

Results describe the past few months. They don't tell you where the price goes next, and our own tests found our scores don't reliably predict that either.

Educational, not investment advice.