Chevron Increasing FY26 Exploration Spend 50% YoY Relative To 2025; On Track To Reach Around ~300Kb/d Of Venezuela Output By Year End; Q3 Production Lower YoY Due To Lower Entitlements From Higher Prices And Impacts From Middle East Conflict; Expect Q4 Capex Increase, Will Still End Year At Low End Of FY26 Guidance - Prepared Remarks

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Chevron Increasing FY26 Exploration Spend 50% YoY Relative To 2025; On Track To Reach Around ~300Kb/d Of Venezuela Output By Year End; Q3 Production Lower YoY Due To Lower Entitlements From Higher Prices And Impacts From Middle East Conflict; Expect Q4 Capex Increase, Will Still End Year At Low End Of FY26 Guidance - Prepared Remarks | 웨이프 WAPE

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