Chevron: 3 Key Takeaways for Long-Term Investors
The Motley Fool reports that Chevron plans to double Venezuelan production to 600,000 barrels per day. The excerpt also says a 50% Bakken tariff reduction deconsolidates $3.7 billion of debt.
Why it matters — The production plan and debt treatment are developments relevant to watchers of Chevron’s operations and balance sheet.