How did CVX's Q4 earnings surprise impact investor sentiment?

**Chevron's (CVX) Q4 earnings surprise had a negative impact on investor sentiment**, as evidenced by the following points:

1. **Earnings Miss Expectations**: Chevron reported an EPS surprise of -0.05 for Q4 2024, which missed expectations. This indicates a decline in earnings, which likely contributed to negative sentiment among investors.

|code|Ticker|Name|Date|Revenue Surprise|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|CVX|CVX.N|Chevron|2024 Q1|1.386E9|2.97|169|
|CVX|CVX.N|Chevron|2024 Q2|2.5E9|2.43|169|
|CVX|CVX.N|Chevron|2024 Q3|1.77E9|2.48|169|
|CVX|CVX.N|Chevron|2024 Q4|4.2E9|1.84|169|

2. **Analyst Expectations**: Analysts had estimated a decline in earnings and lower revenues for the quarter ended September 2024. The fact that CVX's Q4 earnings fell short of expectations could have reinforced negative sentiment among investors who were already cautious due to the anticipated decline.
3. **Historical Performance**: The article "How Much Would It Take To Earn $100 A Month From Chevron Stock" from December 4, 2024, suggests that investors might be disappointed with the stock's performance, implying that the Q4 earnings miss could have further dampened investor sentiment.
4. **Market Reaction**: The fact that this information is being highlighted in news articles suggests that the market may have reacted negatively to the earnings miss, which could lead to a decrease in investor confidence.

In conclusion, the Q4 earnings surprise of Chevron has likely contributed to a negative sentiment among investors due to the unexpected decline in earnings and the fact that it missed market expectations.