2022 chevron investor day

At our annual investor meeting, Chevron leaders reaffirmed our primary objective – to deliver higher returns, lower carbon and superior stockholder value in any business environment – and gave insight on the strategy we’re using to achieve it.

That strategy combines a high-return, low-growth, lower carbon–intensity^† traditional business with faster-growing, profitable, lower carbon new energy businesses that leverage our strengths.

† Carbon intensity refers to a measure of CO2e per unit of production.

For more information on the terms and acronyms used here, see the appendix to the 2022 Chevron Investor Day presentation (pp. 40-45).

Note: The figures on this slide represent the company’s previously announced guidance and targets relating to its capital and cost efficiency strategy.

¹ From 2016 baseline.
² Chevron’s approach to hydrogen envisions the use of green, blue and gray hydrogen.