Chevron’s (NYSE: CVX) financial results in the first quarter were impacted by oil price volatility, resulting in a year-over-year earnings decline and a slowdown in its share repurchase program due to falling crude prices. Despite these challenges, the company’s strategy is effectively generating significant cash flow, which it is largely returning to shareholders through dividends and buybacks. With cash flow expected to increase over the next year, Chevron is well-positioned to continue enhancing shareholder value.
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