Chevron Research and Development Expenses 2012-2026 | CVX

Chevron annual/quarterly research and development expenses history and growth rate from 2012 to 2026. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Chevron research and development expenses for the quarter ending March 31, 2026 were $205M, a 9.63% increase year-over-year.
  • Chevron research and development expenses for the twelve months ending March 31, 2026 were $1.069B, a 1.52% increase year-over-year.
  • Chevron annual research and development expenses for 2025 were $1.051B, a 5.63% increase from 2024.
  • Chevron annual research and development expenses for 2024 were $0.995B, a 8.86% increase from 2023.
  • Chevron annual research and development expenses for 2023 were $0.914B, a 6.16% decline from 2022.
Unlock Macrotrends Premium
40 years of data
Faster, ad-free pages
Unlimited data exports
Full-width charts
Chevron Annual Research and Development Expenses
(Millions of US $)
2025 $1,051
2024 $995
2023 $914
2022 $974
2021 $549
2020 $1,537
2019 $770
2018 $1,210
2017 $864
2016 $1,033
2015 $3,340
2014 $1,985
2013 $1,861
2012 $1,728
2011 $1,216
Chevron Quarterly Research and Development Expenses
(Millions of US $)
2026-03-31 $205
2025-12-31 $324
2025-09-30 $288
2025-06-30 $252
2025-03-31 $187
2024-12-31 $449
2024-09-30 $154
2024-06-30 $263
2024-03-31 $129
2023-12-31 $254
2023-09-30 $301
2023-06-30 $169
2023-03-31 $190
2022-12-31 $453
2022-09-30 $116
2022-06-30 $196
2022-03-31 $209
2021-12-31 $192
2021-09-30 $158
2021-06-30 $113
2021-03-31 $86
2020-12-31 $367
2020-09-30 $117
2020-06-30 $895
2020-03-31 $158
2019-12-31 $272
2019-09-30 $168
2019-06-30 $141
2019-03-31 $189
2018-12-31 $250
2018-09-30 $625
2018-06-30 $177
2018-03-31 $158
2017-12-31 $356
2017-09-30 $239
2017-06-30 $125
2017-03-31 $144
2016-12-31 $191
2016-09-30 $258
2016-06-30 $214
2016-03-31 $370
2015-12-31 $1,358
2015-09-30 $315
2015-06-30 $1,075
2015-03-31 $592
2014-12-31 $510
2014-09-30 $366
2014-06-30 $694
2014-03-31 $415
2013-12-31 $726
2013-09-30 $559
2013-06-30 $329
2013-03-31 $247
2012-12-31 $357
2012-09-30 $475
2012-06-30 $493
2012-03-31 $403
2011-12-31 $386
2011-09-30 $240
2011-06-30 $422
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - International Integrated $375.645B $189.031B
Chevron is one of the largest publicly traded oil and gas companies in the world with operations that span almost every corner of the globe. The only energy component of the Dow Jones Industrial Average, Chevron is fully integrated, meaning it participates in every aspect related to energy from oil production, to refining and marketing. Chevron remains well positioned to navigate the volatility in oil and gas prices.Being an integrated firm engaged in all aspects of the oil and gas business. Chevron divides its operations into two main segments: Upstream and Downstream. Chevron's other activities include transportation and chemicals. Chevron's current oil and gas development project pipeline is among the best in the industry.
Stock Name Country Market Cap PE Ratio
Exxon (XOM) United States $633.917B 21.82
Shell (SHEL) United Kingdom $261.128B 14.73
Petroleo Brasileiro S.A.- Petrobras (PBR) Brazil $138.618B 7.68
BP (BP) United Kingdom $121.768B 16.12
Eni SpA (E) Italy $95.252B 16.22
Ecopetrol S.A (EC) Colombia $28.987B 11.85
Repsol SA (REPYY) Spain $27.977B 9.31
OMV AG (OMVKY) Austria $22.739B 2.55
YPF Sociedad Anonima (YPF) Argentina $16.893B 0.00
Sasol (SSL) South Africa $8.280B 0.00
Vista Energy, S.A.B De C.V - (VIST) Mexico $6.889B 19.96
Golar LNG (GLNG) Bermuda $5.398B 38.89
Flowco Holdings (FLOC) United States $2.043B 7.50
Teekay (TK) Bermuda $1.061B 10.91
Tamboran Resources (TBN) Australia $0.813B 0.00
New Fortress Energy LLC (NFE) United States $0.200B 0.00
Delixy Holdings (DLXY) Singapore $0.008B 0.00