Basics

Home Basics The energy giant's 2025 capex plan allocates approximately $13 billion to upstream operations, with two thirds directed toward the development of chevron's u.s. portfolio. Chevron corporation today announced an organic capital expenditure range of $14.5 to $15.5 billion for consolidated subsidiaries (capex) and an affiliate capital expenditure (affiliate capex) range of $1.7 to $2.0 billion for 2025.

Basics The new budget positions the company to deliver free cash flow growth by investing in high return and lower carbon projects reflecting its commitment toward cost and capital discipline. Financial ratios remain in compliance with the required covenants, reflecting the company’s financial health and strength. capex spent up to december 2024 was us$255 million with 64% allocated to the downstream and other segments, while 36% was allocated to the upstream segment. It anticipates upstream spending of $13 billion in 2025, of which two thirds will be used to develop its us portfolio. spending in the permian basin will be less than in 2024, expected to be in the range of $4.5 billion and $5 billion. the company noted that production growth is being reduced here in favor of free cash flow. downstream capex is set to be approximately $1.2 billion, with two. The updated financial plan includes reducing $2 billion in corporate debt by 2026 and planning for $3 billion in equity through an at the market program.

Basics White Oak Pond Christian Church Doc It anticipates upstream spending of $13 billion in 2025, of which two thirds will be used to develop its us portfolio. spending in the permian basin will be less than in 2024, expected to be in the range of $4.5 billion and $5 billion. the company noted that production growth is being reduced here in favor of free cash flow. downstream capex is set to be approximately $1.2 billion, with two. The updated financial plan includes reducing $2 billion in corporate debt by 2026 and planning for $3 billion in equity through an at the market program. Consolidated statements of cash flows*) restated. Permian basin spend is lower than the 2024 budget and anticipated to be between $4.5 and $5.0 billion as production growth is reduced in favor of free cash flow. The comparative financial performance between q1 2024 and q1 2025 is illustrated in the following bar graphs: revenue contribution analysis shows that gas trading and transmission segments remain the core of pgn’s business, accounting for 75% of total revenue. the upstream segment contributed 7%, with other segments making up the remaining 18%. Pursuing up to $30 billion in lower emissions investment opportunities 4 investing $27 $29 billion of cash capex in 2025 and $28 $33 billion annually in 2026 2030 to progress attractive long term opportunities, with base planned capex roughly flat and reinvestment rate declining to 40% from 50% over the plan period 5.