On January 28, Chevron’s chief financial officer Eimear Bonner sold 7,534 shares of the company’s stock at an average price of 170.00, generating proceeds of approximately 1.28 million. Following the transaction, Bonner’s direct holding in Chevron declined by 63.3% to 4,366 shares, valued at roughly 742,220. The sale was disclosed in a Securities and Exchange Commission filing and represents one of the largest insider dispositions at the company this quarter.

For the quarter ended December 31, Chevron reported adjusted earnings per share of 1.52, topping consensus by 0.08, and net income of 2.8 billion. Quarterly revenue was 45.8 billion, down 10.2% year-over-year versus analyst projections of 48.2 billion. Return on equity stood at 8.7% and net margin at 6.6%. The company achieved record global production, driven by new output from the Tengiz Future Growth Project (adding 260,000 barrels per day) and ramp-ups at the Ballymore, Whale and Anchor developments in the Gulf of Mexico.

Chevron announced a quarterly dividend of 1.78 per share, up from 1.71, representing a 4.0% yield and an annualized payout of 7.12 per share. The dividend will be paid March 10 to shareholders of record as of February 17. In the fourth quarter, the company repurchased 3.0 billion of shares, reflecting the high end of its repurchase guidance. For the full year, Chevron generated 20.0 billion of adjusted free cash flow and returned a record total to shareholders for the fourth consecutive year.

Institutional investors hold 72.4% of Chevron’s outstanding shares. Notable adjustments include a 197.7% stake increase by Quaker Wealth Management, while UMB Bank reduced its position by 2.9% in the third quarter. On the research front, analysts remain mixed: one firm has a Strong Buy rating, 14 maintain Buy, seven Hold and four Sell, resulting in an average consensus rating of Hold. Average annual earnings per share forecasts for the current fiscal year stand at 10.79, underscoring steady long-term expectations.