Chevron vs Crypto.com

Chevron to divest its ownership interests in Hess Midstream and DJ Basin crude midstream assets

Chevron announced the divestiture of its ownership interests in Hess Midstream and DJ Basin crude midstream assets, along with senior leadership changes.

How Chevron is producing more jet fuel to meet growing demand

Chevron's newsroom features new articles on jet fuel production, natural gas, and community stories, along with external coverage on Chevron's drilling plans and AI initiatives.

10-Q Financial Filing Analysis for Chevron (2026-08-06)

Chevron Corporation reported a significant increase in financial performance for the second quarter and six months ended June 30, 2026. Consolidated net income attributable to Chevron for Q2 2026 surged to $12.07 billion ($6.11 diluted EPS), up from $2.49 billion ($1.45 diluted EPS) in Q2 2025, driven by higher realized commodity prices, volume growth following the Hess Corporation acquisition, strong downstream margins, and favorable derivative timing effects. Total revenues and other income rose to $70.06 billion in Q2 2026 compared to $44.82 billion in the prior-year quarter. Operationally, Chevron achieved record worldwide net oil-equivalent production of 3.97 million barrels per day in the first half of 2026, an 18% increase year-over-year. The company generated $25.15 billion in operating cash flow and $16.55 billion in free cash flow during H1 2026. Chevron also achieved its $3 billion annual structural cost reduction target six months ahead of schedule, returned substantial capital to shareholders via $7.03 billion in dividends and $4.48 billion in net share repurchases, and executed strategic portfolio rationalizations, including agreements to divest non-core downstream assets in the Asia-Pacific region.

• Q2 2026 net income attributable to Chevron surged to $12.072 billion ($6.11 per diluted share), compared to $2.490 billion ($1.45 per diluted share) in Q2 2025, with total revenue and other income reaching $70.055 billion.
• Worldwide net oil-equivalent production reached 3.965 million barrels per day for the first six months of 2026, up 18% year-over-year, supported by the integration of Hess Corporation and Permian Basin expansion.
• Operating cash flow reached $25.147 billion and Free Cash Flow hit $16.546 billion for H1 2026, enabling $7.030 billion in common dividends and $5.724 billion in share repurchases.

Solidroad and Unwrap Partner to Turn Insights into Action

Solidroad, an AI platform for training human and AI customer support agents, announced a partnership with Unwrap, an AI-powered customer intelligence platform. The collaboration aims to bridge the gap between customer conversation insights and agent training. Unwrap's SupportIQ analyzes customer feedback to identify recurring issues and resolution paths, while Solidroad uses these findings to create tailored training simulations. The integration allows support teams to quickly address emerging problems and improve agent performance. Companies like ŌURA are already using both platforms to enhance their support operations. The partnership plans to deepen over time, focusing on reducing the time between problem identification and agent training.

• Solidroad and Unwrap announced a partnership to combine AI-powered training and customer intelligence.
• Unwrap's SupportIQ product analyzes customer conversations to identify issues and resolution paths.
• Solidroad generates realistic training scenarios scored against custom rubrics.

Trump Media posts $238M Q2 loss

Trump Media & Technology Group (TMTG) reported a net loss of more than $238 million for its fiscal second quarter on revenue of less than $2 million, driven largely by non-cash declines including over $190 million in losses tied to digital assets and equity securities. Quarterly revenue of about $1.7 million — mostly from ad services on Truth Social — rose 89% year-over-year, while operating expenses exceeded $165 million (up roughly 275% YoY). TMTG discussed its Truth API product (reporting more than 10 customers, mostly high-frequency trading firms paying $60,000–$100,000/month), said it is pulling back from two Crypto.com agreements, and reiterated that a pending combination with fusion firm TAE is a key long-term value driver.

• Trump Media & Technology Group reported a net loss of more than $238 million for its fiscal second quarter on revenue of less than $2 million.
• TMTG recorded more than $190 million in losses from "digital assets, digital assets pledged, and equity securities."
• Quarterly revenue was about $1.7 million, mostly from ad services on Truth Social, an 89% increase from the year-ago quarter.