Investor Presentaiton
Delivering value in the Permian
Midland & Delaware Basin
Net MBOED
Monthly production
CID22 production guidance
Returns
1,250
focused
1,000
750
500
250
0
2017
2019
2021
2023
2025
2027
See Appendix for reconciliation of non-GAAP measures and slide notes providing definitions, source
information, calculations and other information.
© 2023 Chevron
Technology
driving efficiency
Lower carbon
expect -40%
renewable power¹
1 Behind the meter and renewable energy credits for 2023.
Chevron
FCF ($B)
2
Free cash flow² & ROCE
FCF
♦ ROCE
00
6
30%
0
2023
20%
10%
0%
2027
2 Excludes working capital.
Based on $60/BBL Brent and $4.50/MMBtu Henry Hub. This is for illustrative purposes only and not
necessarily indicative of Chevron's price forecast.
ROCE (%)
6View entire presentation