Chevron Shares Gain as Cash Flow and Production Growth Support Outlook
Listen to the story
Chevron is a big oil company. Its stock price has gone up.
The company's cash flow is strong. Cash flow means the money a company makes and spends. Some people say Chevron's cash flow value is higher than its stock price. This can mean the stock is a good deal.
Chevron gets a lot of oil from Guyana. Guyana is a country in South America. More oil from Guyana helps Chevron make more money.
Chevron's earnings have also grown. Earnings means the money a company makes after costs. Higher earnings make investors happy.
At the same time, crude oil prices have gone down a little. Crude oil is oil before it is cleaned and made into fuel. Lower oil prices can hurt oil companies.
But Chevron's strong production and good margins are helping it stay steady. Margins means the extra money a company keeps after paying costs.
Investors now feel more hopeful about Chevron's future.
Vocabulary8 words
- cash flow
- money that comes in and goes out of a company
- earnings
- money a company makes after paying its costs
- crude oil
- oil before it is cleaned or changed into fuel
- margins
- extra money a company keeps after costs
- stock
- a small part of a company that people can buy
- investor
- a person who puts money into a company to make more money
- production
- making or getting something, like oil
- outlook
- what people think will happen in the future
Quiz
Answer key
1. It has gone up 2. Guyana 3. They have eased, or gone down a little
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Chevron is a big oil company. Its stock price has gone _____.
The company's cash flow is _____. Some people say Chevron's cash flow value is higher than its stock _____.
Chevron gets a lot of oil from _____. More oil from Guyana helps Chevron make more _____.
Chevron's earnings have also _____. Higher earnings make _____ happy.
At the same time, crude oil prices have gone _____ a little.
But Chevron's strong production and good _____ are helping it stay steady.
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