Summary
Chevron Corporation (CVX) announced its unaudited fourth quarter 2021 earnings on January 28, 2022, reporting a net income of $5.1 billion. This release provides an initial look at the company's financial performance for the period ending December 31, 2021, with detailed results to be found in the attached press release. For investors, this $5.1 billion earnings figure represents a significant profitability level for the quarter, reflecting strong operational performance and prevailing market conditions. While the 8-K itself is brief, it signals the release of key financial data that will likely be further elaborated upon in subsequent SEC filings, such as the Form 10-Q, and during investor calls. Investors should review the referenced press release (Exhibit 99.1) for a more comprehensive understanding of the drivers behind these earnings, including revenue, expenses, segment performance, and any forward-looking statements.
Key Highlights
- 1Chevron reported unaudited fourth quarter 2021 earnings of $5.1 billion.
- 2The announcement was made via a press release filed on January 28, 2022.
- 3The press release containing the financial results is attached as Exhibit 99.1.
- 4This 8-K filing serves as notification of the earnings release and incorporates the press release by reference.
- 5The information is not deemed 'filed' for certain regulatory purposes, but is provided to the public.
- 6Investors should refer to Exhibit 99.1 for detailed unaudited Q4 2021 financial information.