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Chevron Sees an Up to $8 Billion Free Cash Flow Gusher Ahead
CVXChevron(CVX) The Motley Fool·2025-01-11 10:44

Chevron (CVX 1.89%) already produces a lot of cash. The oil giant had hauled in more than 10billioninfreecashflowduringthefirstninemonthsoflastyear,givingitabountytopaydividendsandrepurchaseshares.Itsworkingtoproduceanevenbiggergusherofexcesscashby2026,withitinthepositiontoincreaseitsannualtallyby10 billion in free cash flow during the first nine months of last year, giving it a bounty to pay dividends and repurchase shares. It's working to produce an even bigger gusher of excess cash by 2026, with it in the position to increase its annual tally by 6 billion to $8 billion. Here's a look at what's fueling the oil giant's bullish view. Multiple growth catalystsChevron CEO Michael Wirth recently stated his belie ...