"Hess dual-cycle development + high-profit oilfields" dual-drive Chevron (CVX.US) cash flow grows against the cycle by 20%

date
01/11/2025
Zhicheng Finance APP learned that after completing the first consolidated financial statements following the $53 billion acquisition of rival Hess Corporation by American oil and gas giant Chevron Corporation (CVX.US), Chevron significantly increased its oil production and cash flow, exceeding profit expectations in this prolonged period of weak oil prices. The company's cash flow has reached a major inflection point for significant expansion.