Chevron CEO Sees 'Plenty of Cash Flow Coming'

Chevron outlines ambitious growth targets in the Permian Basin, leveraging its extensive land holdings and expertise in drilling operations. The company addresses challenges like takeaway capacity and price shocks by maintaining a strong balance sheet and diversified business. Chevron focuses on short-cycle projects for quick cash flow and plans steady production growth. Financial priorities include dividends and share buybacks, with a positive outlook on future production and economic impact.

What percentage of Chevron's output is expected to come from the Permian Basin over the next few years?

How many acres does Chevron hold in the Permian Basin?

What are the two main issues faced by independent producers in the Permian?

What is Chevron's approach to managing its balance sheet in relation to oil price cycles?

What percentage of Chevron's investment is currently in short cycle projects?

How does Chevron view its dividend in relation to its shareholders?

What is the expected compound annual growth rate in Chevron's production over the next five years?