Chevron Corp.

NYSE:CVX   3:59:58 PM EDT
113.86
+1.06 (+0.94%)
4:21:05 PM EDT: $113.70 -0.16 (-0.14%)
Positive Earnings Pre-Announcement, Environmental

Chevron Targets 35% Carbon Intensity Reduction By 2028

Published: 03/09/2021 13:43 GMT
Chevron Corp. (CVX) - Chevron Reinforces Plan to Deliver Higher Returns, Lower Carbon.
Chevron Corp - Expects Free Cash Flow to Grow More Than 10% per Year by 2025.
Chevron Corp - Targets 35% Carbon Intensity Reduction by 2028.
Chevron Corp - Targets More Than Doubling Return on Capital Employed by 2025.
Chevron Corp - Increases Expected Noble Synergies to $600 Million, Twice Initial Estimate.
Chevron Corp - Targets More Than Doubling Return on Capital Employed by 2025.
Chevron Corp - Reaffirmed Its 2021-2025 Guidance for Organic Capital and Exploratory Expenditures of $14 Billion to $16 Billion.
Chevron Corp - Plans to Increase Return on Capital Employed and Lower Carbon Intensity to Enable Superior Distributions to Shareholders.
Chevron - Doubled Initial Estimate of Noble Synergies to $600 Million, Which Contributes to Expected Reduction in 2021 Operating Expenses of 10% From 2019.
Chevron Corp - Exceeded Its 2023 Upstream Carbon Intensity Reduction Targets Three Years Ahead of Schedule.
Chevron Corp - "our Permian Basin Asset is Advantaged Relative to Others.
the Long-term Outlook is Positive and Capital Efficiency is Improving".
Chevron - Capital Investment Program, Lower Costs is Expected to Result in Doubling of Return on Capital Employed and 10% Cagr of Free Cash Flow by 2025 at $50 Brent.
Chevron Corp - Over Next Five Years Capital is Expected to Decrease for Its Major Expansion in Kazakhstan.
Revenue is expected to be $39.83 Billion
Adjusted EPS is expected to be $2.13

Next Quarter Revenue Guidance is expected to be $41.22 Billion
Next Quarter EPS Guidance is expected to be $2.48

More details on our Analysts Page.