Chevron Sent a Record $7.7 Billion in Cash to Its Investors Last Quarter, and There's Plenty More to Come
CVXChevron(CVX) The Motley Fool·2024-11-06 17:42

Chevron richly rewards its shareholders.Chevron (CVX -0.36%) is a cash-generating machine. The oil company's integrated operations produce a lot of cash each quarter, giving it money to invest in growing its business and return cash to shareholders. The company's cash returns hit a record $7.7 billion in the third quarter, fueled by its growing dividend and a record amount of share repurchases. Chevron has put itself in a strong position to continue returning a lot of cash to its investors in the future. Gu ...