John S. Watson


Last quote by John S. Watson

Some of the best things we have in our portfolio are the shales. My employees in the Permian know I'm featuring it as something very important. We're just in a period now where markets are weak and everyone is focused on controlling costs. We're growing our portfolio in the Permian as fast as anyone. We're focused on growing value and growing the dividend over time. There is no sign of peak demand right now. We have said that Paris is a first step, but we need to understand what that translates to in terms of
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Apr 05 2017 Chevron
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which John S. Watson is associated, including oil and pricing. Most recently, John S. Watson has been quoted saying: “A carbon tax will have the effect of adding cost on the people who can least afford it. If you increase energy costs you are going to make it more difficult here for industrial activity. I'll buy a car that meets all my needs, particularly around size and other characteristics.” in the article RPT-Chevron pivots to Permian shale as mega-project era fades.
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John S. Watson quotes

The second quarter results reflected lower oil prices and our ongoing adjustment to a lower oil price world. In our upstream business,we recorded impairment and other charges on certain assets where revenue from expected oil and gas production is expected to be insufficient to recover

First quarter results declined from a year ago. Our Upstream business was impacted by a more than 35 percent decline in crude oil prices. Our Downstream operations continued to perform well, although overall industry conditions and margins this quarter were weaker than a year

Our efforts are focused on improving free cash

We generate enormous cash flow, even at low prices. So we're going to do everything we can to cut future

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