Chevron Posts Record Production, Boosts Shareholder Returns

Chevron Posts Record Production, Boosts Shareholder Returns

â€ĒBy ADMIN
Related Stocks:CVX
U.S. oil major Chevron Corporation has achieved an all‑time high production level of approximately 4.1â€Ŋmillion barrels of oil equivalent per day (boe/d), representing a roughly 21% increase year‑over‑year. The company’s cash flow from operations surged to aroundâ€ŊUS$9.4â€Ŋbillion, underpinning its dual strategy of rewarding shareholders and reinvesting in growth. Chevron also maintained robust capital‑return programs, including billions of dollars in share buybacks and a growing dividend yield, signalling confidence in its financial strength even amid oil‑price uncertainty. Looking ahead, Chevron expects to deliver production growth at the high end of its 6–8% guidance range (excluding the Hess Corporation acquisition), while continuing to prioritise free‑cash‑flow generation and shareholder value. #Chevron #OilProduction #DividendGrowth #EnergyStocks #SlimScan #GrowthStocks #CANSLIM

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Chevron Posts Record Production, Boosts Shareholder Returns | CANSLIM