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Business155 words1 min read

Chevron Shares Gain as Cash Flow and Production Growth Support Outlook

a chevron gas station at night time
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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

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Quiz

1. What has happened to Chevron's stock price?
2. Where does Chevron get more oil from, helping its growth?
3. What has happened to crude oil prices?

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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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