SUGAR LAND--December 4, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Corporation (NYSE:CVX) (San Ramon, California) is cutting its annual capital guidance by 26-27% through 2025 as the global Oil & Gas Production giant contends with the impact of the COVID-19 pandemic. Chevron announced on Thursday a 2021 organic capital and exploratory spending program of $14 billion and lowered its longer-term guidance to $14 billion to $16 billion annually through 2025, from its previous guidance of $19 billion to $22 billion, which excluded its Noble Energy acquisition.
(All Fields Required)
Site-wide Scheduled Maintenance for April 12, 2025, between 9 A.M. - 9 P.M. CST. During this time, all services will be unavailable periodically throughout the scheduled maintenance window.
×For More Info!
