Chevron Tightens Capex Purse Strings for 4th Year

SUGAR LAND--December 9, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Corporation (NYSE:CVX) (San Ramon, California) says it will allocate $19.8 billion for its capital and exploratory investment program in 2017. The budget is approximately 15% lower than 2016's projected expenditures and 42% less than 2015's investments. Industrial Info is tracking more than 160 projects with a total investment value of $102.09 billion involving Chevron.

Within this article: Details of Chevron projects as they relate to spending

Other companies featured: Exxon Mobil Corporation (NYSE:XOM), Royal Dutch Shell plc (NYSE:RDS.A), Phillips 66 (NYSE:PSX), Fluor Corporation (NYSE:FLR)