On January 28th, Chevron’s Chief Financial Officer Eimear Bonner sold 7,534 shares of company stock, reducing her direct stake from 11,900 shares to 4,366 shares. The transaction, disclosed in an SEC filing, represented a 63.3% decrease in her ownership and totaled approximately 1.28 million in proceeds. Following the sale, Bonner’s remaining stake carries an estimated book value of 742,220.

Chevron reported fourth-quarter adjusted earnings of 1.52 per share, exceeding analyst consensus by 0.08. Quarterly revenue totaled 45.79 billion, down 10.2% year-over-year and missing the midpoint of street forecasts by roughly 2.4 billion. The company generated operating cash flow of 10.8 billion, including a 1.7 billion working capital drawdown, and invested 5.1 billion in organic capital expenditures. Return on equity was 8.7% and net margin stood at 6.6%.

Chevron announced a quarterly dividend of 1.78 per share, up from 1.71, representing an annualized distribution of 7.12 and a yield of roughly 4.0%. The payout ratio now sits at 96.2%, consistent with the company’s stated priority on shareholder returns. In the quarter, share buybacks reached 3.0 billion, and full-year adjusted free cash flow was 20 billion, inclusive of 1.8 billion in asset sales. Net debt coverage ended the year at 1.0x.

Among 26 analysts covering the stock, one rates it Strong Buy, 14 rate it Buy, seven rate it Hold and four rate it Sell, yielding an average consensus of Hold and an average target price of 170.00. Sell-side forecasts call for full-year earnings of 10.79 per share. Institutional ownership remains high at over 72%, and several research firms have recently adjusted their target prices, reflecting mixed views on near-term revenue pressures versus long-term cash flow potential.