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.
Reported earnings of $6.6 billion ; adjusted earnings of $6.7 billion Cash flow from operations of $7.2 billion ; free cash flow of $4.2 billion Shareholder distributions of $6.6 billion , up 65 percent from first quarter 2022 SAN RAMON, Calif. --(BUSINESS WIRE)--Apr.
SAN RAMON, Calif. --(BUSINESS WIRE)--Apr. 17, 2023-- Chevron U.S.A. Inc. , a subsidiary of Chevron Corporation (NYSE: CVX), kicked off a road trip today across the U.S. Gulf Coast to showcase an innovative new gasoline blend with more than 50 percent renewable content.
SAN RAMON, Calif. --(BUSINESS WIRE)--Apr. 13, 2023-- Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC , and the Angelicoussis Group , through its Energy Transition division, Green Ships, announced a Joint Study Agreement (JSA) to explore how tankers can be used
SAN RAMON, Calif. --(BUSINESS WIRE)--Apr. 4, 2023-- Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, April 28, 2023 , at 11:00 a.m. ET ( 8:00 a.m. PT ). Conference Call Information: Date: Friday, April 28, 2023
SAN RAMON, Calif. --(BUSINESS WIRE)--Mar. 8, 2023-- Chevron Corporation (NYSE: CVX) announced today the second retail event in the Chevron Exchange Q&A Series, a virtual fireside chat with President of Chevron New Energies (CNE), Jeff Gustavson , on Thursday, March 23, 2023 .
HOUSTON --(BUSINESS WIRE)--Mar. 7, 2023-- Chevron New Energies ( Chevron ), a division of Chevron U.S.A. Inc. , and JERA Co., Inc. (JERA) have signed a Memorandum of Understanding (MOU) that provides a framework for their collaboration on carbon capture and storage (CCS) projects located in the
HOUSTON , March 6, 2023 /PRNewswire/ -- Bayou Bend CCS LLC ("Bayou Bend"), a carbon capture and sequestration project located along the Texas Gulf Coast , announced today an expansion of its carbon dioxide ("CO2") storage footprint through the acquisition of nearly 100,000 acres onshore in Chambers
Raises share buyback guidance to $10 to $20 billion per year Expects free cash flow annual growth greater than 10% at $60 Brent Updates progress toward targets for lower carbon intensity and new energies growth NEW YORK --(BUSINESS WIRE)--Feb. 28, 2023-- At its annual investor meeting today,
SAN RAMON, Calif. --(BUSINESS WIRE)--Feb. 26, 2023-- Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC , announced entrance into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd , a wholly owned subsidiary of Sembcorp Marine Ltd.