Insight
Strategy Update: Chevron's 2021 Investor Day
Report summary
Higher returns and lower carbon were the major themes at Chevron’s 2021 Investor Day. The company released new 2028 emissions reductions targets and reaffirmed 5-year capital guidance of US$14-16 billion. Chevron is sticking with the Big Oil business model but is taking initial steps in renewable natural gas, renewable fuels, advanced geothermal, biomass and hydrogen – areas that could be a much bigger piece of the company in 5-10 years.
Table of contents
- Executive Summary
- Our take
- Regaining favor with investors
- Strengthening upstream performance
- Advancing a lower carbon future
Tables and charts
This report includes 3 images and tables including:
- Chevron's path to greater ROCE and free cash flow
- Wood Mackenzie production forecast
- Chevron's emission reduction targets
What's included
This report contains:
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