Chevron Highlights 2016 Performance and Future Plans at Annual Meeting of Stockholders

SAN RAMON, Calif.–(BUSINESS WIRE)–May 31, 2017–
Chevron Corporation (NYSE: CVX) today provided an overview of the
company’s 2016 operational and social performance and future growth
plans for the company at its 2017 Annual Meeting of Stockholders in
Midland, Texas.

“2016 was a transition year for Chevron and the industry,” said John
Watson, chairman of the board and chief executive officer. “We took
significant actions to reduce costs, limit cash consumption and protect
the balance sheet. As oil prices improved, recovery in earnings was
evident in the second half of the year. This progress has continued into

Chevron News Release

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