Chevron expects its capital spending to be towards the low end of its long-term outlook in 2026. It's on pace to produce significantly more free cash flow in the coming year.
Chevron said on Friday it will participate in Nigeria's next oil licensing round and plans to deploy a drilling rig in late 2026 as it seeks to expand operations in Africa's top energy producer.
CVX's $2 billion Gorgon Stage 3 project boosts LNG supply, unlocks long-term gas production and reinforces Australia's position as a global energy hub.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Michael K. Wirth CEO | XSGO Exchange | US1667641005 ISIN |
| US Country | 45,298 Employees | 18 Nov 2025 Last Dividend | 13 Sep 2004 Last Split | 19 Oct 2001 IPO Date |
Chevron Corporation, an integrated energy and chemicals company, operates globally through its subsidiaries. The company leverages two primary segments, Upstream and Downstream, to carry out its operations. Initially known as ChevronTexaco Corporation, it underwent a name change in 2005. Founded in the late 19th century, in 1879, Chevron has its headquarters in San Ramon, California. Its business operations span from the exploration and development of crude oil and natural gas to the manufacturing and marketing of petroleum products and renewable fuels. Additionally, Chevron is involved in various segments of the energy transition, including carbon capture and storage, showcasing its commitment to addressing environmental and sustainability issues.