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Chevron's Permian Wells Deliver More - With Less Spending

Equities

Zacks Investment Research

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June 16, 2025

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Barchart

Chevron Corporation’s CVX operations in the Permian Basin are showing strong results, and the company is doing it with less money. The energy supermajor expects its oil and gas production to witness a 5-6% CAGR through 2026, while cutting its reinvestment rate by about 20% compared to 2024. That means...

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