Chevron CEO Wirth says move from California to Texas not a threat to cost reductions
Nov 1 (Reuters) -Chevron Corp CVX.N:
CHEVRON CEO MIKE WIRTH SAYS WE HAVE ADVANTAGED INVENTORY WITH AROUND 75% LOCATIONS AT A BREAK EVEN OR BELOW $50: CONF CALL
CHEVRON SAYS WE WILL SEE SHUTDOWN AT PASADENA REFINERY IN CURRENT QUARTER: CONF CALL
CHEVRON'S CAPITAL SPENDING IN PERMIAN SHALE BASIN WILL LIKELY PEAK THIS YEAR, SAYS CEO WIRTH
HESS DEAL CLOSING CONDITIONS REQUIRES END TO ARBITRATION, SAYS CEO WIRTH
CHEVRON EXPECTS TO SEE BENEFIT OF NEW COST CUTTING PROGRAM TO APPEAR IN 2027, SAYS CFO EIMEAR BONNER
FIRST CATEGORY OF COST SAVINGS ACTIONS IS PORTFOLIO ACTIONS, SAYS CFO EIMEAR BONNER
CHEVRON'S BALANCE SHEET IS STRONG ENOUGH TO SUPPORT SHARE BUYBACKS IN DOWN CYCLES, SAYS CFO EIMEAR BONNER
CHEVRON'S BALANCE SHEET "IS UNDER-LEVERED" COMPARED TO HISTORICAL LEVELS, SAYS CFO BONNER
WE ANTICIPATE NET DEBT WILL COME DOWN IN FUTURE WITH GROWTH COMING AND ASSET SALE PROCEEDS, SAYS CFO BONNER
20% OF CHEVRON'S EXPLORATION PORTFOLIO WILL REQUIRE THE 20,000 PSI WELL TECHNOLOGY IT PIONEERED IN U.S. GULF OF MEXICO, SAYS CEO WIRTH
WITH NEARLY NINE TURNAROUNDS EXECUTED THIS YEAR, ALMOST ALL OF THEM HAVE BEEN DELIVERED AT INDUSTRY LEVEL PERFORMANCE, SAYS CEO WIRTH
CHEVRON CEO WIRTH SAYS MOVE FROM CALIFORNIA TO TEXAS NOT A THREAT TO COST REDUCTIONS
SHIFT OF HEADQUARTERS TO TEXAS WILL MEAN SOME WORK WILL BE SENT TO OTHER LOCATIONS, OR AUTOMATED, SAYS WIRTH
STATE OF CALIFORNIA'S LEGISLATION REQUIRING REFINERS KEEP LEVELS OF FUEL INVENTORY ANOTHER 'ILL-CONCEIVED' MOVE, SAYS CHEVRON'S WIRTH
IT'S VERY TOUGH TO JUSTIFY NEW INVESTMENT IN CALIFORNIA AND IT IS GETTING TOUGHER, SAYS WIRTH
IT DOES NOT LOOK LIKE 2025 IS SETTING UP TO BE A PARTICULARLY TIGHT MARKET FOR LNG, SAYS WIRTH
Source text: [ID:]
Further company coverage: CVX.N
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