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Chevron Corp
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Q1 2024 Earnings Call Presentation
| Mike Wirth | Page 5 of 11 |
May 15, 2024
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"Q1 2024 Earnings Call Presentation"
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1Q24 Earnings / Earnings per diluted share $5.5 billion / $2.97 Adjusted earnings / EPS 1 $5.4 billion / $2.93 Cash flow from operations / excl. working capital 1 $6.8 billion / $8.0 billion Total capex / Organic capex $4.1 billion / $4.0 billion ROCE / Adjusted ROCE 1,2 12.4% / 12.2% Dividends paid $3.0 billion Share repurchases $3.0 billion Debt ratio / Net debt ratio 1,3 12.0% / 8.8% Financial highlights 1 Reconciliation of special items, FX, and other non-GAAP measures can be found in the appendix. 2 Calculations of ROCE and Adjusted ROCE can be found in the appendix. 3 As of 3/31/2024. Net debt ratio is defined as debt less cash equivalents and marketable securities divided by debt less cash equivalents and marketable securities plus stockholders’ equity.