How does CVX's 2024 earnings trend compare to peers?

Chevron's (CVX) 2024 earnings trend is significantly stronger than that of its peers in the Oil, Gas & Consumable Fuels industry, as evidenced by the net income figures reported for the year ending December 31, 2024: 1. **Chevron's Net Income**: Chevron reported a net income of $17.75 billion for the year ending December 31, 2024. 2. **Peers' Net Income**: - Greenfire Resources (GFR) reported a net income of $84.31 million. - New Concept Energy (GBR) reported a net income of -$18 million. - Barnwell Industries (BRN) reported a net income of -$5.33 million. - Prairie Operating (PROP) reported a net income of -$40.91 million. - Green Plains (GPRE) reported a net income of -$81.19 million. - Clean Energy Fuels (CLNE) reported a net income of -$83.69 million. - Aemetis (AMTX) reported a net income of -$87.54 million. - Calumet (CLMT) reported a net income of -$222 million. 3. **Comparison**: It is clear that Chevron's net income is substantially higher than that of its peers, with all other companies reporting negative net incomes or significantly lower positive net incomes compared to Chevron. This indicates that Chevron's financial performance in 2024 was exceptional relative to its industry peers, likely due to factors such as its larger scale, diversified operations, and better cost management. |code|Ticker|Name|Date|Net Income|market_code| |---|---|---|---|---|---| |CVX|CVX.N|Chevron|20240331|5.551E9|169| |PROP|PROP.O|Prairie Operating|20240331|-9037284|186| |GPRE|GPRE.O|Green Plains|20240331|-5.1122E7|185| |CLNE|CLNE.O|Clean Energy Fuels|20240331|-1.8616E7|185| |GBR|GBR.A|New Concept Energy|20240331|2000|170| |AMTX|AMTX.O|Aemetis|20240331|-2.4231E7|185| |CLMT|CLMT.O|Calumet|20240331|-4.16E7|185| |GFR|GFR.N|Greenfire Resources|20240331|-3.46491877226E7|169| |BRN|BRN.A|Barnwell Industries|20240331|-662000|170| |CVX|CVX.N|Chevron|20240630|4.443E9|169|