Chevron Q3 Net Oil-Equivalent Production 3,364 MBOED (+7% YoY)
Portfolio Pulse from Benzinga Newsdesk
Chevron reported a 7% year-over-year increase in its Q3 net oil-equivalent production, reaching 3,364 MBOED. This growth indicates a strong operational performance for the company.
November 01, 2024 | 10:25 am
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Chevron's Q3 net oil-equivalent production increased by 7% year-over-year, reaching 3,364 MBOED. This positive production growth suggests strong operational performance and could positively impact Chevron's stock price in the short term.
The 7% increase in production indicates improved operational efficiency and potential for higher revenues, which is likely to positively influence Chevron's stock price. The news is directly related to Chevron's core business operations, making it highly relevant and important for investors.
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