Press Releases

Date	Title
Toggle Summary 08/07/23	Chevron Completes Acquisition of PDC Energy SAN RAMON, Calif. --(BUSINESS WIRE)--Aug. 7, 2023-- Chevron Corporation (NYSE: CVX) announced today that its acquisition of PDC Energy, Inc. (NASDAQ: PDCE) has been completed following approval by PDC Energy shareholders. “We’re pleased to welcome PDC Energy into Chevron,” said Bruce Niemeyer ,
Toggle Summary 08/03/23	Chevron Offers to Exchange 5.750% Senior Notes due 2026 Issued by PDC Energy, Inc. For 5.750% Senior Notes due 2026 to be Issued by Chevron U.S.A. Inc. and Guaranteed by Chevron Corporation SAN RAMON, Calif. --(BUSINESS WIRE)--Aug. 3, 2023-- Chevron Corporation (“Chevron”) (NYSE:CVX) and Chevron U.S.A. Inc. (“CUSA”) today announced the commencement of an offer to exchange (the
Toggle Summary 07/28/23	Chevron Reports Second Quarter 2023 Results Reported earnings of $6.0 billion ; adjusted earnings of $5.8 billion Record Permian Basin production, 11 percent higher than the year-ago period Record shareholder distributions of $7.2 billion PDC Energy, Inc. acquisition expected to close in August 2023 SAN RAMON, Calif. --(BUSINESS WIRE)--Jul.
Toggle Summary 07/23/23	Chevron Announces Senior Leadership Changes Announces CFO transition effective March 1, 2024 Waives mandatory retirement age for CEO Mike Wirth SAN RAMON, Calif. --(BUSINESS WIRE)--Jul. 23, 2023-- Chevron Corporation (NYSE:CVX) today announced several senior leadership changes as well as a waiver of the mandatory retirement age for the
Toggle Summary 07/23/23	Chevron Announces Second Quarter 2023 Performance Highlights Reported earnings of $6.0 billion ; adjusted earnings of $5.8 billion Record Permian Basin production, 11 percent higher than the year-ago period Record shareholder distributions of $7.2 billion PDC Energy, Inc. acquisition expected to close in August 2023 SAN RAMON, Calif. --(BUSINESS WIRE)--Jul.
Toggle Summary 07/05/23	Bunge, Chevron Acquire Argentina Seed Business Chacraservicios ST. LOUIS & SAN RAMON, Calif. --(BUSINESS WIRE)--Jul. 5, 2023-- Bunge (NYSE: BG) and Chevron’s Renewable Energy Group Inc., a subsidiary of Chevron Corporation (NYSE: CVX), acquired Chacraservicios S.r.l., based in Argentina , from the Italian-based Adamant Group .
Toggle Summary 06/26/23	Advisory: Chevron Corporation’s 2Q 2023 Earnings Conference Call and Webcast SAN RAMON, Calif. --(BUSINESS WIRE)--Jun. 26, 2023-- Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, July 28, 2023 , at 11:00 a.m. ET ( 8:00 a.m. PT ). Conference Call Information: Date: Friday, July 28, 2023
Toggle Summary 06/21/23	MOECO and Chevron to Explore Advanced Closed Loop Geothermal Pilot in Hokkaido, Japan TOKYO --(BUSINESS WIRE)--Jun. 21, 2023-- Chevron New Energies Japan GK ( Chevron New Energies Japan), a subsidiary of Chevron U.S.A. Inc. , and Mitsui Oil Exploration Co., Ltd (MOECO) today announced execution of definitive agreements to proceed with the pilot testing of advanced geothermal
Toggle Summary 05/31/23	Chevron Updates Stockholders at Annual Meeting SAN RAMON, Calif. --(BUSINESS WIRE)--May 31, 2023-- Chevron Corporation (NYSE: CVX) today provided an overview of the company’s business plans and operations at its annual meeting of stockholders. “We’re always pleased to be able to address our stockholders and the important questions on their
Toggle Summary 05/22/23	Chevron Announces Agreement to Acquire PDC Energy Complementary to Chevron’s operations in important U.S. production basins Adds 10% to oil equivalent proved reserves for under $7 per barrel Accretive to earnings per share and return on capital employed (ROCE) Expected to add $1 billion to annual free cash flow SAN RAMON, Calif. and DENVER, Colo.

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