Wednesday , 21 February 2018
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Chevron declares dividend of $1.08 per share

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The Board of Directors of Chevron Corporation has declared a quarterly dividend of one dollar and eight cents ($1.08) per share, payable December 11, 2017, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 17, 2017.

Investigations showed that the company has started working to ensure the dividend is paid to its shareholders on record time.

Chevron stated at its website that: ‘’we’re leaders in working in extremely difficult environments, and we have major operations in some of the world’s most important oil and gas regions.

‘’Our Upstream business combines innovation and the effective use of technology to maximize mature fields, discover new resources and meet the world’s growing demand for energy. Through targeted investments and a consistent focus on operational excellence, we are developing the next generation of legacy producers.

‘’Exploration is essential to our business. Our focus areas are the deepwater U.S. Gulf of Mexico, offshore Western Australia, West Africa, and shale and tight resource plays in the United States and Canada, with activity in other regions.

‘’In 2017, we plan to drill more than 14 exploration and appraisal wells worldwide. Our technological capabilities are constantly evolving to meet these new challenges and play a pivotal role in bringing new resource opportunities and proved reserves into production through major capital projects. Our robust project portfolio is poised to bring significant new resources to global markets.’’

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