8-KEarnings & Results

CHEVRON CORP 8-K Report, Financial Results (Jan 29, 2010)

Filed January 29, 2010For Securities:CVX

Summary

Chevron Corporation (CVX) filed an 8-K on January 29, 2010, to report its unaudited fourth quarter 2009 financial results. The company announced a net income of $3.1 billion for the quarter. This filing primarily serves to make the press release announcing these results an official part of the company's public record, as required by SEC regulations. Investors should note that while this report provides key financial figures, it is not a comprehensive financial statement. The information is furnished 'as is' and is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. Therefore, it should be reviewed in conjunction with other filings and broader market context for a complete understanding of Chevron's financial health and performance.

Key Highlights

  • 1Chevron Corporation reported unaudited net income of $3.1 billion for the fourth quarter of 2009.
  • 2The report was filed on January 29, 2010, making the Q4 2009 earnings announcement publicly available.
  • 3The primary document attached and incorporated by reference is a press release detailing the financial results.
  • 4The filing is made under Item 2.02 of Form 8-K, which covers Results of Operations and Financial Condition.
  • 5The information provided is explicitly stated as not being 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, limiting its legal implications.
  • 6This 8-K serves as an official notification of the company's earnings performance for the specified period.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally announce and make publicly available Chevron Corporation's unaudited financial results for the fourth quarter of 2009, specifically reporting a net income of $3.1 billion.

The detailed financial information is provided in the press release attached to the 8-K filing as Exhibit 99.1. This press release is incorporated by reference into the report.

No, the information included in this 8-K filing and its accompanying press release is furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. This means it does not carry the same legal liabilities as officially 'filed' information under that section.

A net income of $3.1 billion suggests a significant profit for Chevron Corporation in the fourth quarter of 2009. However, to fully assess performance, investors should compare this figure to previous quarters, the same quarter in the prior year, and industry benchmarks, as well as consider the broader economic and energy market conditions at the time.