Chevron Corporation reported its financial results for the second quarter of 2025, revealing earnings of $2.5 billion, or $1.45 per diluted share, a decrease from $4.4 billion, or $2.43 per diluted share, in the same quarter of the previous year. The results for the quarter included a net loss of $215 million associated with the fair value measurement of Hess Corporation shares and company pension curtailment costs, partially offset by a gain from the sale of certain non-operated U.S. pipeline assets. Foreign currency effects negatively impacted earnings by $348 million. Adjusted earnings for the second quarter of 2025 were $3.1 billion, or $1.77 per diluted share, compared to $4.7 billion, or $2.55 per diluted share, in the second quarter of 2024. Cash flow from operations was reported at $8.6 billion, with cash flow excluding working capital at $8.3 billion. Chevron highlighted continued strong execution, record production, and exceptional cash generation as key factors in its quarterly performance, with Permian Basin production rising to 1 million. No specific guidance or outlook for future periods was included in the release.