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via finance.yahoo.comBusiness & Companies

Chevron proposes $13.8 billion Vaca Muerta program through 2035

FROM THE WIRE · FINANCE.YAHOO.COM

Chevron (CVX) is back in focus after outlining a proposed US$13.8b investment program in Argentina's Vaca Muerta shale through 2035, targeting a tripling of oil production from its current regional output. Chevron's proposed Vaca Muerta outlay lands at a time when momentum in…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA large investment plan in Argentina could support Chevron's production growth and its shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Chevron proposed a $13.8 billion investment program in Argentina's Vaca Muerta through 2035.
  2. 02The target is to triple oil production from its current regional output.
  3. 03The stock has posted strong gains over the past year.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Chevron CorporationCVXStock228.59 USD+0.13%today -1.47%Positive Crude Oil WTICOMMODITY:WTICommodity99.90 USD+0.10%today -1.83%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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