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TPH表示，雪佛龍第一季獲利超出預期，主要得益於強勁的產量和煉油業績。

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-- 雪佛龍（CVX）公佈的第一季財報超出預期，這主要得益於其石油生產和煉油業務的穩健表現，以及嚴格的支出控制和更高的股東現金回報。 TPH能源研究分析師傑弗裡·蘭布瓊（Jeoffrey Lambujon）在周五的一份報告中指出。 該公司公佈的調整後每股收益為1.41美元，遠高於分析師先前預期的0.87美元至0.92美元。 涵蓋油氣生產的上游業務板塊實現調整後收益41.4億美元，超出預期，佔整體盈利超預期的一半以上。國際業務是業績成長的主要驅動力。 日產量總計386萬桶油當量，基本上符合預期。 包括煉油和燃料在內的下游業務板塊虧損4.7億美元，也好於預期，主要得益於美國煉油業務的強勁表現。該板塊約佔整體獲利超預期的40%。 資本支出為40.6億美元，低於分析師預期，反映出專案執行更加嚴格以及成本控制更加到位。不計營運資本變動的營運現金流為71.4億美元，略低於部分預測，但得益於與哈薩克斯坦騰吉茲油田合資專案騰吉茲雪佛龍石油公司（Tengizchevroil）相關的股權附屬公司貸款活動帶來的10億美元流入。 經調整後，本季自由現金流總計41.3億美元。 公司在此期間向股東返還了60億美元，其中包括25億美元的股票回購和約35億美元的股利。繼今年稍早宣布約4%的成長後，股利政策維持在每股1.78美元不變。 雪佛龍維持其2026年全年業績指引不變，預計資本支出在180億美元至190億美元之間，日產量預計為398萬至410萬桶油當量。管理層表示，成本削減工作仍在按計劃進行。 展望未來，公司強調，在第二季度，營運勢頭依然強勁，這得益於關鍵資產的高利用率，包括澳洲液化天然氣項目、東地中海項目和哈薩克斯坦項目。 雪佛龍也指出，委內瑞拉重油業務取得了進展，並且最近與微軟(MSFT)擴大了電力基礎設施開發方面的協議。

Price: $190.69, Change: $-2.63, Percent Change: -1.36%

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