2022-08-25 | NYSE: CLC | Press release

Mike Wirth, President and CEO of Chevron Corporation (NYSE: CVX), will participate in the Barclays CEO Energy-Power Conference on Wednesday, September 7, 2022 at 8:00 a.m. ET, to discuss corporate strategy and business focus on achieving higher yields and lower carbon emissions.

Please visit www.chevron.com/investors to view a live webcast of the conversation and Q&A. A replay will be available on the website after the event for those unable to watch the live webcast.

Chevron is one of the world’s leading integrated energy companies. We believe that affordable, reliable and ever cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that improve our business and the industry. We are focused on reducing the carbon intensity of our operations and growing low-carbon businesses alongside our traditional lines of business. More information about Chevron is available at www.chevron.com.

DISCLAIMER RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSES OF “SAFE HARBOUR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT 1995

This press release contains forward-looking statements regarding Chevron’s operations and energy transition plans that are based on management’s current expectations, estimates and projections regarding the petroleum, chemical and other energy-related industries. . Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “readers,” “goals,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “may,” “could,” “should,” “will ,” “budgets,” “outlook,” “trends,” “direction,” “focus,” “on track,” “goals,” “goals,” “strategies,” “opportunities,” “ready,” “potential,” “ambition,” “aims” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual results may differ materially from what is expressed or anticipated in such forward-looking statements. Readers should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by law, Chevron undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

Important factors that could cause actual results to differ materially from those set forth in the forward-looking statements include: changes in crude oil and natural gas prices and demand for the company’s products, as well as reductions in production due to market conditions; crude oil production quotas or other measures that may be imposed by the Organization of the Petroleum Exporting Countries and other producing countries; technological advances; changes in government policies in the countries in which the company operates; public health crises, such as pandemics (including the coronavirus (COVID-19)) and epidemics, and any related government policies and actions; disruptions to the Company’s global supply chain, including supply chain constraints and escalating cost of goods and services; changes in the economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions, including the military conflict between Russia and Ukraine and the global response to that conflict; changes in refining, marketing and chemicals margins; the actions of competitors or regulators; timing of exploration expenditures; crude oil lifting schedule; the competitiveness of alternative energy sources or product substitutes; the development of large carbon capture and offset markets; the operating results and financial condition of the Company’s suppliers, vendors, partners and affiliates, particularly during the COVID-19 pandemic; the inability or failure of the Company’s joint venture partners to fund their share of operations and development activities; the potential inability to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of business operations due to wars, accidents, political events, civil unrest, extreme weather, cyber threats, acts of terrorism or other natural causes or human beings beyond the company’s control; potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant changes in operations, investments or products undertaken or required by existing or future environmental laws and regulations, including international agreements and national or regional legislation and regulatory measures intended to limit or reduce greenhouse gas emissions Greenhouse ; potential liability resulting from pending or future litigation; future acquisitions or dispositions of assets or stock of the company or the delay or failure to close such transactions based on required closing conditions; the potential for gains and losses resulting from disposals or write-downs of assets; sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in tax terms or government imposed restrictions; movements of foreign currencies against the US dollar; significant reductions in corporate liquidity and access to debt markets; receipt of required board approvals to implement capital allocation strategies, including future share buyback programs and dividend payments; the effects of changed accounting rules under generally accepted accounting principles promulgated by regulatory bodies; the company’s ability to identify and mitigate the risks and dangers inherent in operating in the global energy industry; and the factors set forth under “Risk Factors&CloseCurlyDoubleQuote” on pages 20-25 of the company’s 2021 Annual Report on Form 10-K and subsequent filings with the United States Securities and Exchange Commission. unpredictable or unknown factors not discussed in this press release could also have a material adverse effect on the forward-looking statements.

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