Description
Chevron Corporation: Expanding Horizons In Uruguay’s Offshore Waters & 5 Major Developments
Chevron announced another solid year of earnings for 2023, despite geopolitical turbulence and economic uncertainty. The company delivered an adjusted Return on Capital Employed (ROCE) of 14% and returned a record $26 billion in cash to shareholders. Moreover, Chevron’s production reached a record high as the company continued to advance on reducing its carbon footprint. Strategic acquisitions such as PDC Energy and Hess further bolstered their portfolio. Chevron led the peer group in capital efficiency and kept unit costs below inflation amid a highly fluctuating commodity cycle. Its dividend growth rate outperformed the S&P 500 and was more than double that of its nearest peer.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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