Chevron believes Permian can produce $5B in annual free cash flow by 2027 - Bloomberg

4 hours ago 1
Chevron Reports $8.3 Billion Loss For Second Quarter

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Chevron (NYSE:CVX) is on the verge of reaching a production plateau in the Permian Basin, enabling it to reap $5B in annual cash flow by 2027, Bruce Niemeyer, president of the company's shale business, told Bloomberg in an interview Wednesday.

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