Chevron released its February 2026 Investor Presentation, projecting approximately $12.5 billion in additional annual free cash flow by 2026 compared to 2024, reinforcing its outlook for industry-leading growth.

  • Management highlighted consistency in its approach and achieved record production, marking a 12% increase.
  • The presentation reinforced the strategic value of the Hess acquisition.
  • The company maintains a low dividend plus capex breakeven point below $50/BBL Brent.