Chevron reports record production in Q3 2025 after Hess acquisition
Chevron has reported 21% growth in worldwide production in the third quarter of 2025 (Q3 2025), compared to the same period the previous year. This growth, which equates to 4.1 million barrels of oil equivalent per day (mboe/d), was driven by Chevron’s $55bn acquisition of Hess and increased output from existing operations. The acquisition of Hess contributed 495,000 barrels of oil equivalent per day (boepd), with a further 227,000boepd increase from its legacy operations. The company’s net income stood ...