CVX
Chevron Corp. (CVX)
212.76
+1.99% (+4.16)
Updated 09:30 PMCVX
212.76
+1.99% (+4.16)
Updated 09:30 PM
Overview
Chevron is committing new capital to sharply expand Venezuelan output rather than holding steady. This signals confidence in sustaining Venezuela operations through 2031, with production reportedly profitable even below $20 per barrel.
Updated 04:03 AM
Medium confidence08/28, 08:42 PM
Chevron and other US companies are near a deal to invest billions in Venezuelan oil fields, according to WSJ.
FinancialJuice
08/28, 08:42 PM
Related updates
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Jin10·08/17, 07:00 PM
Chevron confirmed discovery of oil and natural gas condensate resources in Angola Block 0.
FirstSquawk·08/08, 03:00 AM
Chevron guides to lower end of $18–19 billion capital expenditure for year end.
FirstSquawk·08/08, 02:47 AM
Chevron projects ~$12.5 billion in added free cash flow by 2026.
OilPrice·09/03, 01:31 AM
Low impactChevron will invest more than $7 billion in Venezuela over five years to more than double its oil production there to about 600,000 barrels per day, Reuters reported.
CVX
Chevron Corp. (CVX)
212.76
+1.99% (+4.16)
Updated 09:30 PM