Chevron annual capital expenditures (capex)
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Chevron Capital Expenditures (CapEx) Growth & History (CVX)
Chevron's capital expenditures (capex) was $17.35B for fiscal 2025.
View full Chevron company overviewChevron annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $17.35B | $899.0M | +5.47% |
| 2024 | 2024-12-31 | $16.45B | $619.0M | +3.91% |
| 2023 | 2023-12-31 | $15.83B | $3.85B | +32.19% |
| 2022 | 2022-12-31 | $11.97B | $3.92B | +48.63% |
| 2021 | 2021-12-31 | $8.06B | −$866.0M | −9.71% |
| 2020 | 2020-12-31 | $8.92B | −$5.19B | −36.80% |
| 2019 | 2019-12-31 | $14.12B | $324.0M | +2.35% |
| 2018 | 2018-12-31 | $13.79B | $388.0M | +2.89% |
| 2017 | 2017-12-31 | $13.40B | −$4.71B | −25.98% |
| 2016 | 2016-12-31 | $18.11B | −$11.39B | −38.62% |
| 2015 | 2015-12-31 | $29.50B | −$5.90B | −16.67% |
| 2014 | 2014-12-31 | $35.41B | −$2.58B | −6.79% |
| 2013 | 2013-12-31 | $37.98B | $7.05B | +22.78% |
| 2012 | 2012-12-31 | $30.94B | $4.44B | +16.75% |
| 2011 | 2011-12-31 | $26.50B | $6.89B | +35.12% |
| 2010 | 2010-12-31 | $19.61B | −$231.0M | −1.16% |
| 2009 | 2009-12-31 | $19.84B | $177.0M | +0.90% |
| 2008 | 2008-12-31 | $19.67B | $2.99B | +17.92% |
| 2007 | 2007-12-31 | $16.68B | — | — |
Chevron quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.54B | $826.0M | +22.25% |
| Q1 2026 | 2026-03-31 | $4.06B | $136.0M | +3.46% |
| Q4 2025 | 2025-12-31 | $5.26B | $926.0M | +21.35% |
| Q3 2025 | 2025-09-30 | $4.44B | $389.0M | +9.59% |
| Q2 2025 | 2025-06-30 | $3.71B | −$254.0M | −6.40% |
| Q1 2025 | 2025-03-31 | $3.93B | −$162.0M | −3.96% |
| Q4 2024 | 2024-12-31 | $4.34B | −$23.0M | −0.53% |
| Q3 2024 | 2024-09-30 | $4.05B | −$618.0M | −13.22% |
| Q2 2024 | 2024-06-30 | $3.97B | $209.0M | +5.56% |
| Q1 2024 | 2024-03-31 | $4.09B | $1.05B | +34.60% |
| Q4 2023 | 2023-12-31 | $4.36B | $526.0M | +13.72% |
| Q3 2023 | 2023-09-30 | $4.67B | $1.68B | +56.03% |
| Q2 2023 | 2023-06-30 | $3.76B | $573.0M | +18.00% |
| Q1 2023 | 2023-03-31 | $3.04B | $1.08B | +55.00% |
| Q4 2022 | 2022-12-31 | $3.83B | $1.23B | +47.16% |
| Q3 2022 | 2022-09-30 | $3.00B | $1.09B | +57.05% |
| Q2 2022 | 2022-06-30 | $3.18B | $1.39B | +77.18% |
| Q1 2022 | 2022-03-31 | $1.96B | $214.0M | +12.26% |
| Q4 2021 | 2021-12-31 | $2.61B | $539.0M | +26.08% |
| Q3 2021 | 2021-09-30 | $1.91B | $277.0M | +16.99% |
| Q2 2021 | 2021-06-30 | $1.80B | −$295.0M | −14.10% |
| Q1 2021 | 2021-03-31 | $1.75B | −$1.39B | −44.27% |
| Q4 2020 | 2020-12-31 | $2.07B | −$2.14B | −50.90% |
| Q3 2020 | 2020-09-30 | $1.63B | −$1.74B | −51.62% |
| Q2 2020 | 2020-06-30 | $2.09B | −$1.49B | −41.63% |
| Q1 2020 | 2020-03-31 | $3.13B | $180.0M | +6.10% |
| Q4 2019 | 2019-12-31 | $4.21B | $219.0M | +5.49% |
| Q3 2019 | 2019-09-30 | $3.37B | −$209.0M | −5.84% |
| Q2 2019 | 2019-06-30 | $3.58B | $358.0M | +11.10% |
| Q1 2019 | 2019-03-31 | $2.95B | −$44.0M | −1.47% |
| Q4 2018 | 2018-12-31 | $3.99B | $350.0M | +9.61% |
| Q3 2018 | 2018-09-30 | $3.58B | $354.0M | +10.98% |
| Q2 2018 | 2018-06-30 | $3.23B | $2.0M | +0.06% |
| Q1 2018 | 2018-03-31 | $3.00B | −$318.0M | −9.59% |
| Q4 2017 | 2017-12-31 | $3.64B | −$368.0M | −9.18% |
| Q3 2017 | 2017-09-30 | $3.22B | −$841.0M | −20.69% |
| Q2 2017 | 2017-06-30 | $3.22B | −$1.25B | −27.86% |
| Q1 2017 | 2017-03-31 | $3.31B | −$2.25B | −40.44% |
| Q4 2016 | 2016-12-31 | $4.01B | −$3.44B | −46.18% |
| Q3 2016 | 2016-09-30 | $4.07B | −$2.75B | −40.31% |
| Q2 2016 | 2016-06-30 | $4.47B | −$3.17B | −41.53% |
| Q1 2016 | 2016-03-31 | $5.57B | −$2.04B | −26.78% |
| Q4 2015 | 2015-12-31 | $7.45B | −$2.22B | −22.95% |
| Q3 2015 | 2015-09-30 | $6.81B | −$1.45B | −17.59% |
| Q2 2015 | 2015-06-30 | $7.64B | −$1.29B | −14.42% |
| Q1 2015 | 2015-03-31 | $7.60B | −$942.0M | −11.03% |
| Q4 2014 | 2014-12-31 | $9.67B | −$1.95B | −16.75% |
| Q3 2014 | 2014-09-30 | $8.26B | −$1.34B | −13.98% |
| Q2 2014 | 2014-06-30 | $8.93B | $358.0M | +4.18% |
| Q1 2014 | 2014-03-31 | $8.54B | $352.0M | +4.30% |
| Q4 2013 | 2013-12-31 | $11.61B | $1.13B | +10.75% |
| Q3 2013 | 2013-09-30 | $9.61B | $2.12B | +28.26% |
| Q2 2013 | 2013-06-30 | $8.57B | $1.51B | +21.31% |
| Q1 2013 | 2013-03-31 | $8.19B | $2.30B | +38.97% |
| Q4 2012 | 2012-12-31 | $10.49B | $3.18B | +43.51% |
| Q3 2012 | 2012-09-30 | $7.49B | $715.0M | +10.55% |
| Q2 2012 | 2012-06-30 | $7.07B | −$706.0M | −9.08% |
| Q1 2012 | 2012-03-31 | $5.89B | $1.25B | +26.91% |
| Q4 2011 | 2011-12-31 | $7.31B | $1.80B | +32.76% |
| Q3 2011 | 2011-09-30 | $6.78B | $1.19B | +21.22% |
| Q2 2011 | 2011-06-30 | $7.77B | $3.22B | +70.76% |
| Q1 2011 | 2011-03-31 | $4.64B | $678.0M | +17.09% |
| Q4 2010 | 2010-12-31 | $5.50B | $149.0M | +2.78% |
| Q3 2010 | 2010-09-30 | $5.59B | $1.51B | +37.19% |
| Q2 2010 | 2010-06-30 | $4.55B | $122.0M | +2.75% |
| Q1 2010 | 2010-03-31 | $3.97B | −$2.02B | −33.71% |
| Q4 2009 | 2009-12-31 | $5.36B | −$679.0M | −11.25% |
| Q3 2009 | 2009-09-30 | $4.07B | −$587.0M | −12.59% |
| Q2 2009 | 2009-06-30 | $4.43B | −$89.0M | −1.97% |
| Q1 2009 | 2009-03-31 | $5.98B | $1.53B | +34.41% |
| Q4 2008 | 2008-12-31 | $6.03B | — | — |
| Q3 2008 | 2008-09-30 | $4.66B | — | — |
| Q2 2008 | 2008-06-30 | $4.52B | — | — |
| Q1 2008 | 2008-03-31 | $4.45B | — | — |
Chevron capital expenditures (capex) trends
Over the last five fiscal years, Chevron's capital expenditures (capex) increased from $8.92B to $17.35B, a change of $8.43B. The latest reported quarter, Q2 2026, shows $4.54B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Chevron source filings ↗Community posts
Chevron plans to fund Venezuela expansion from local venture cash
Chevron ($CVX) plans to fund its proposed $7 billion expansion in Venezuela entirely from cash generated by its existing local joint ventures, rather than bringing in outside cash, its chief executive told an energy conference. The expansio ...