Replies to post #24945 on The Rising Influence of Rising Affluence

[DewDiligence]

CVX boosts dividend for_35th_consecutive_year—new_ annualized_payout=$5.68 (from prior $5.36):

https://finance.yahoo.com/news/chevron-increases-quarterly-dividend-213000234.html

At the current share price ($132.69), the new payout is a yield of 4.3%.

[DewDiligence]

CVX 2023 capex budget=$16.9B—$14.0B direct*+$2.9B indirect†:

https://finance.yahoo.com/news/chevron-announces-2023-capital-expenditure-221000438.html

The $14B* figure includes $11.5B for upstream operations ($8.0B US; $3.5B ex-US), of which $4B is for the Permian and $2B is for other US shale.

The $2.9B† figure includes about $1.5B for Tengiz and about $1.0B for the CVX/PSX chemicals venture.

*Includes all subsidiaries that CVX consolidates (majority owned).

†Amount paid by CVX toward its unconsolidated JVs.