Chevron Corp

CVX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$229.00	Gltkl	Zmlgzpszv

Chevron's Strategy Set to Deliver for Shareholders Regardless of Hess Deal

Allen Good

Mar 18, 2024

Business Strategy and Outlook

We expect Chevron to deliver higher returns and margin expansion thanks to an oil-leveraged portfolio as well as the next phase of growth, which is focused on developing its large, advantaged Permian Basin position.

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