$CVX · Schwab Network · 2026-10-30
CVX 营收和利润均超出预期，炼油利润再次表现优异，产量为每日 398 万桶油当量；其委内瑞拉推进计划目标是在年底前达到每日约 30 万桶，说话者称这仍有待观察。整体是一份非常好的财报，但炼油利润率已见顶并略有下滑，将在下季度对炼油利润构成压力。
逐段跳播
还没有，但我们看到Exxon的股价在盘中上涨约2.5%，Chevron上涨超过1%。两家公司在营收和利润方面都超出了预期，而这种优势很大程度上其实来自运输或炼油业务，就像你刚才提到的那样。
两家公司的合计产量已经接近、甚至已经达到创纪录水平。
Not yet, but we see Exxon shares up about 2.5% and Chevron up more than 1% in the session. Both companies managed to exceed expectations in terms of revenue and profits, and much of this superiority is actually due to the transportation or refining businesses, as you kind of mentioned.
The combined output of both companies reached levels close to, if not already achieved, record figures.
看Chevron，我们发现它在炼油利润和总产量方面再次表现超预期，总产量达到每天398万桶油当量。他们正试图加大在委内瑞拉的投入，并认为有望在今年年底前达到每天约30万桶的总产量。
我们看看这能否真的实现。他们还谈到了未来的勘探，以及利用人工智能在美洲湾寻找规律，以便在那里开采出更多石油。这在电话会上也非常有意思。所以，两份财报都确实很好。我们看看后续如何，以及它能否在这里撑住，因为我们开始注意到炼油利润率正触及峰值。
我们已经开始看到这些利润率小幅下滑，这将影响下一季度的炼油利润。
When we look at Chevron, we find that it has once again outperformed in terms of refining profits and total production, which reached 3.98 million barrels of oil equivalent per day.
They are trying to double down on their efforts in Venezuela, and believe they are on track to reach around 300,000 barrels per day of total production by the end of this year.
We'll see if that actually happens here. They also discussed future explorations and the use of artificial intelligence to find patterns within the Gulf of America in order to be able to extract more oil there as well.
That was also very interesting in the call . So, both are really good reports. We'll see how things go and whether it can hold out here as we begin to notice refining margins reaching their peak.
We are already beginning to see those margins decline slightly, which will affect more refining profits during the next quarter.
观察点
这个频道对 $CVX 的历次判断
Schwab Network 在这只股票上共 4 条判断，这里只列相邻的几条。