CLAIM #19258 · CVX (CVX) · 2025Q3 earnings call · Oct 31, 2025 · due Dec 31, 2030
“We think both of these projects are well positioned to deliver returns over the long term. They're kind of 20% type IRR expectations on these projects.”
Michael Wirth · CEO
PENDING
graded after results covering Dec 31, 2030 are reported
How to check this claim
Look at: Project-level internal rate of return (IRR) for the two referenced projects, as disclosed or implied by management commentary
It came true if: Reported or management-confirmed IRR approximately 20% (18%-22% range) over the project life
Where: Management commentary on earnings calls or investor presentations discussing these specific projects' returns
Verify independently
SEC filings for CVX ↗ · Claim quote is verbatim from the 2025Q3 earnings call.