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DewDiligence

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Re: santafe2 post# 25822

Wednesday, 06/01/2022 5:23:03 PM

Wednesday, June 01, 2022 5:23:03 PM

Post# of 30504
CVX Bernstein webcast:

https://seekingalpha.com/article/4515739-chevron-corporations-cvx-ceo-mike-wirth-presents-bernsteins-38th-annual-strategic-decisions

“…the narrative you hear that the industry is not growing production is not true. We are growing production and our industry is growing production… We raised our Permian production growth outlook to 15% this year.”

The Permian comprises almost 25% of CVX's global boe/d; it will increase to more than 30% within the next decade.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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