Rallying oil and gas prices and the economic rebound in 2021 helped Chevron (NYSE: CVX) to book last year a record-high free cash flow and its best annual earnings since 2014. Chevron reported on Friday full-year 2021 earnings of $15.6 billion, compared with a loss of $5.5 billion in 2020. The U.S. supermajor also booked strong cash flow from operations of $29.
2 billion and record free cash flow of $21.1 billion last year. Chevron’s net oil-equivalent production grew in 2021 to a record 3.10 million barrels per day (bpd). The company also…Chevron Books Best Yearly Earnings Since 2014
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