Operator · Argentina : Vaca Muerta, Canada Oil Sands & Duvernay Shale
Chevron Corp
80 articles mentioning Chevron Corp · Page 1 of 4
Chevron, Quantum prepare joint bid for Lukoil’s international assets
Chevron and private equity firm Quantum Energy Partners are preparing a joint bid for the international assets of Russian oil major Lukoil, a package estimated to be worth ~$22 billion, according to a Financial Times report...
Large Cap E&P To Reduce Drilling & Completion Activity in 2026
Summary After years of aggressive shale growth, Chevron is signaling a clear strategic pivot: shift from volume expansion to capital efficiency and free cash flow. This evolution—catalyzed by milestone achievements in the Permian and accelerated by...
Chevron To Cut D&C Activity in U.S. Shale In 2024; Here is Where.
Chevron said expected organic capital expenditure range of $15.5 to $16.5 billion. Upstream spending in 2024 is expected to be about $14 billion. Of this planned expenditure, two-thirds is allocated to the United States, including approximately...
Chevron First Quarter 2023 Results
Chevron Corp. announced its first quarter 2023 results. Highlights 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...
Chevron Fourth Quarter, Full Year 2022 Results
Chevron Corp. reported its fourth quarter and full year 2022 results. Chevron reported earnings of $6.4 billion ($3.33 per share - diluted) for fourth quarter 2022, compared with $5.1 billion ($2.63 per share - diluted) in...
Chevron Third Quarter 2022 Results
Chevron Corp. reported its third quarter 2022 results. Chevron reported earnings of $11.2 billion ($5.78 per share - diluted) for third quarter 2022, compared with $6.1 billion ($3.19 per share - diluted) in third quarter 2021....
Chevron Promotes Knowles to VP / Controller Role
Chevron Corp. announced the appointment of Alana K. Knowles as vice president and controller, effective March 1, 2023. Knowles will succeed David A. Inchausti, who will resign from that position effective February 28, 2023, and is...
Chevron Corp. Second Quarter 2022 Results
Chevron Corp. reported its second quarter 2022 results. Chevron reported earnings of $11.6 billion ($5.95 per share - diluted) for second quarter 2022, compared with $3.1 billion ($1.60 per share - diluted) in second quarter 2021....
Chevron Appoints New Lead Independent Director
Chevron Corp. announced that the independent directors of the Chevron Board have selected Dr. Wanda M. Austin as lead independent director, effective May 25, 2022. Dr. Austin succeeds Dr. Ronald D. Sugar in that role, who...
Chevron Realigns Leadership Structure; Makes Appointments
Chevron Corp. announced a simplified organizational structure and senior leadership changes intended to strengthen execution and pace to deliver on the company’s objectives of higher returns and lower carbon. Effective October 1, 2022, the company will...
Chevron Launches Carbon Capture Project in San Joaquin Basin
Chevron, through its Chevron New Energies division, is launching a carbon capture and storage (CCS) project aimed at reducing the carbon intensity of its operations in San Joaquin Valley, California. Chevron aims to reduce its carbon...
Chevron Sanctions GOM Ballymore Project; 75,000 BPD
Chevron Corp. has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback...
Chevron First Quarter 2022 Results
Chevron Corp. reported its first quarter 2022 results. Highlights: Reported earnings of $6.3 billion; adjusted earnings of $6.5 billion Cash flow from operations of $8.1 billion; free cash flow of $6.1 billion Record Permian Basin unconventional...
Chevron Fourth Quarter, Full Year 2021 Results
Chevron Corp. reported its Q4 and full year 2021 results. The company reported earnings of $5.1 billion ($2.63 per share - diluted) for fourth quarter 2021, compared with a loss of $665 million ($(0.33) per share...
Chevron's VP of Innovation to Retire; Downstream VP Tapped to Fill Role
Chevron Corp. announced that Barbara J. Burger, vice president of innovation and president of Chevron Technology Ventures (CTV), will retire from the company after 34 years of service. Jim Gable, currently vice president of Downstream Technology...
Chevron Spending 20% More in 2022; $3.0B Earmarked for the Permian
Chevron Corp. announced its 2022 capital plans. 2022 Overview - Capital Budget: $15 billion (the low end of its $15 to $17 billion guidance range) - this is up 20% vs. 2021 spending Upstream: $8.0 billion...
Major E&P to Ramp Up Drilling & Frac Activity in 4Q, Frac Crews, Rigs
Chevron Corp. will be ramping up frac and drilling operations as it enters the fourth quarter of 2021. Chevron CFO Pierre Breber commented: "You will see us increase capital in the fourth quarter just to get...
Chevron Corp. Third Quarter 2021 Results
Chevron Corp. reported its Q3 2021 results. Chevron reported earnings of $6.1 billion ($3.19 per share - diluted) for third quarter 2021, compared with a loss of $207 million ($(0.12) per share - diluted) in third...
Chevron, Enterprise Partner for Carbon Capture in MidCon, Gulf Coast
Chevron, through its Chevron New Energies division, and a subsidiary of Enterprise Products Partners have partnered to study and evaluate opportunities for carbon dioxide (CO2) capture, utilization, and storage (CCUS) from their respective business operations in...
Chevron Looking to Sell Eagle Ford For Billions: Map Inside
Chevron is reportedly looking to sell its Eagle Ford assets acquired when it took over Noble Energy. See map below Analyst projects the company could fetch between $1 and $3 billion. We believe, according to the...