Chevron expects significant cashflow, production growth over 5 years

U.S. oil major Chevron expects significant cashflow growth and production boost over the next five years.

Outlining its strategy on Tuesday, Chevron CEO Michael Wirth said: “Chevron is in an exceptional position to deliver industry-leading value to shareholders,” said Michael Wirth, Chevron’s chairman and chief executive officer.

“Our advantaged portfolio is driving strong production growth with lower execution risk, higher cash flow and increased cash returns to shareholders.”

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