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Chevron Doubles Buyback as Spending Cap Helps Lift Cash Flow

(Bloomberg) Chevron Corp. doubled its share buyback to as much as $10 billion a year, pledging that shareholders will see the benefits of high oil prices as it locks in spending at historically low levels and reduces costs. ....

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Chevron profit falls short of forecasts despite oil's rally

Chevron posted disappointing profits after slumping values for some long-held fields hurt the oil giant’s ability to take full advantage of surging energy prices.  ....

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Chevron leverages higher oil prices for more share buybacks

Chevron Corp. boosted its planned share buyback to as much as $5 billion per year, as the oil giant uses higher commodities prices to step up returns to investors rather than investing in production growth. ....

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Chevron sets net zero 2050 carbon goals for its operations

Chevron Corp. committed to an “aspiration” of net zero emissions from its operations by 2050 as the company responds to rising investor and societal pressure to play a bigger role in a transition to a low-carbon future. ....

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