Chevron Corp.

NYSE:CVX   3:59:55 PM EDT
129.48
+0.52 (+0.40%)
4:00:00 PM EDT: $129.52 +0.04 (+0.03%)
Positive Earnings Pre-Announcement

Chevron Announces $15 Bln Capital And Exploratory Budget For 2022

Published: 12/01/2021 22:14 GMT
Chevron Corp. (CVX) - Chevron Announces $15 Billion Capital and Exploratory Budget for 2022.
Chevron Corp - Capital at Low End of 2022-2025 Guidance.
Chevron Corp - Raises Share Buyback Guidance Range to $3 to $5 Billion per Year.
Chevron Corp - Raises Share Buyback Guidance Range to $3 to $5 Billion per Year.
Chevron - Capital Program Excludes Expected Inorganic Capital of $600 Million in Anticipation of Formation of a Renewable Fuel Feedstocks Jv With Bunge.
Chevron Corp - Capital Program Includes About $800 Million in Lower Carbon Spending.
Chevron - in Upstream Business, About $8 Billion is Allocated to Currently Producing Assets, About $3 Billion for Permian Basin Unconventional Development.
Chevron Corp - About $2.3 Billion of Planned Organic Capital Spending is Associated With Company's Downstream Businesses.
Chevron - in Upstream Program, About $2 Billion is Associated With Fgp / Wpmp Project at Tengiz Field in Kazakhstan.
Revenue is expected to be $43.13 Billion
Adjusted EPS is expected to be $3.00

Next Quarter Revenue Guidance is expected to be $45.54 Billion
Next Quarter EPS Guidance is expected to be $2.66

More details on our Analysts Page.