Replies to post #4589 on The Rising Influence of Rising Affluence

[DewDiligence]

Links re Chevron’s 3/13/12 Investor Day….

Press release:
http://finance.yahoo.com/news/chevron-track-achieve-20-percent-123000093.html

Webcast transcript (including Q&A):
http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTQxMzQzMzl8Q2hpbGRJRD00NTg5NDg

Webcast link:
http://edge.media-server.com/m/p/jm5636qv/lan/en


SLIDES

Corporate overview (19 pages):
http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTQxMzQzMzl8Q2hpbGRJRD00NTg1ODY

Finances (11 pages):
http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTQxMzQzMzl8Q2hpbGRJRD00NTg1ODc

Upstream business (50 pages)
http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MTMwMzE5fENoaWxkSUQ9LTF8VHlwZT0z&t=1

Downstream business (26 pages):
http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTQxMzQzMzl8Q2hpbGRJRD00NTg1ODg

Table of upstream capital projects (6 pages)
http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTQxMzQzMzl8Q2hpbGRJRD00NTg1OTQ

[DewDiligence]

CVX says 2Q12 earnings will be up relative to 1Q12, due to much improved refining margins in the US:

http://www.chevron.com/articledocuments/latest/news_205003/75425187-d244-464f-88c1-f5bde97b360f/2Q12_IU.pdf.cvxn

Upstream earnings will be slightly lower than in 1Q12 due to the lower average price of crude. (The average Brent price declined to $108 in 2Q12 vs $119 in 1Q12.) CVX’s worldwide production in April and May 2012 (the latest data available) was 2.62M boe/d, down marginally from 2.63M in 1Q12. The shut-in of the Frade well in Brazil as a consequence of the small but controversial spill subtracted 30K boe/d from the above figure, so CVX would’ve had a small production gain if not for this mishap.

CVX reports 2Q12 financial results on 7/27/12.

[DewDiligence]

Forbes profiles CVX (a pretty good overview):

http://www.forbes.com/sites/christopherhelman/2013/02/13/chevron-the-worlds-biggest-gusher/