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Chevron 2026 Capital Expenditure Program

Sector: Oil and Gas • Location: Texas, New Mexico, Colorado, North Dakota, United States

Source: Bloomberg

Project
Planned

Chevron Corp. plans to spend about $18.5 billion in capital expenditure in 2026, focusing on the highest-return opportunities while maintaining discipline and improving efficiency. Nearly a third of the budget will be spent on US shale operations in Texas, New Mexico, Colorado, and North Dakota. The company aims to harvest free cash flow by reining in spending on new projects and expects to increa

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The project “Chevron 2026 Capital Expenditure Program” is an infrastructure initiative in the Oil and Gas sector, located in Texas, New Mexico, Colorado, North Dakota, United States. Taiyo aggregates data on it from Bloomberg.

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planned

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Description

Description

Chevron Corp. plans to spend about $18.5 billion in capital expenditure in 2026, focusing on the highest-return opportunities while maintaining discipline and improving efficiency. Nearly a third of the budget will be spent on US shale operations in Texas, New Mexico, Colorado, and North Dakota. The company aims to harvest free cash flow by reining in spending on new projects and expects to increase free cash flow annually to more than $30 billion by 2030. Growth capital spending will be allocated toward the US Gulf, the Eastern Mediterranean, and Guyana, including a 30% stake in the world's largest oil discovery in the past decade through its purchase of Hess Corp.

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High

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