Chevron Corp. (CVX) Management Roundtable: Near-Term Project Momentum, Long-Term Stacking of Growth Options; Buy

We hosted senior leadership from Chevron Corp (CVX) for a roundtable dinner on 9/14, followed by a full-day event on 9/15 featuring a Q&A with executives and a technology showcase. Participating executives included Mr. Mike Wirth (Chairman and CEO), Ms. Eimear Bonner (CFO), Mr. Mark Nelson (Vice Chairman), Mr. Ryder Booth (Chief Technology and Engineering Officer), Mr. Clay Neff (President of Upstream), Mr. Andy Walz (President of Downstream, Midstream, and Chemicals), Mr. Jeff Gustavson (President of New Energies), and Ms. Jeanine Wai (Director of Investor Relations). We highlight four key takeaways: (1) Chevron is stacking high-potential exploration opportunities across Latin America, the Middle East, West Africa, and the Eastern Mediterranean; (2) strong global relationships give the company a distinct advantage to secure projects and help governments set competitive business terms; (3) management continues to develop and deploy new technologies, particularly in shale and tight;