8-KEarnings & Results

CHEVRON CORP 8-K Report, Financial Results (Apr 29, 2005)

Filed April 29, 2005For Securities:CVX

Summary

ChevronTexaco Corporation (now Chevron Corporation) filed an 8-K on April 29, 2005, to announce its unaudited first quarter 2005 financial results. The most significant piece of information disclosed is the company's net income for the quarter, which reached $2.7 billion. This filing provides investors with a timely update on the company's operational and financial performance early in the fiscal year. While the 8-K itself is brief and primarily references an attached press release for details, the reported net income of $2.7 billion for the first quarter of 2005 signals strong profitability for ChevronTexaco during that period. Investors would typically look to the referenced press release (Exhibit 99.1) for further granularity on revenue, earnings per share, segment performance, and management commentary on the factors driving these results.

Key Highlights

  • 1ChevronTexaco announced unaudited net income of $2.7 billion for the first quarter of 2005.
  • 2The filing date was April 29, 2005, providing a prompt release of Q1 2005 results.
  • 3The primary purpose of the 8-K was to report financial results of operations and financial condition.
  • 4Details of the financial results are contained in an attached press release (Exhibit 99.1).
  • 5The information furnished is not considered 'filed' for Section 18 purposes, limiting its formal liability under the Securities Exchange Act of 1934.

Frequently Asked Questions

ChevronTexaco reported unaudited net income of $2.7 billion for the first quarter of 2005.

The 8-K filing explicitly states that the detailed financial information is available in the press release issued on April 29, 2005, which is attached as Exhibit 99.1 to the filing.

No, the filing states that the information included is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. This means the company is providing the information but is not accepting the same level of liability for its accuracy under that specific section of the act, compared to a formal SEC registration statement or periodic report.