This morning on CNBC, Chevron CFO Pierre Breber broke down his view on the recent M&A activity, the Noble deal, and the energy wide debt problem.

Highlights

  • focused on return on capital invested (someone is reading #EFT)
  • Noble deal fully completed, likes the international synergies
  • ESG approach: not divesting core business, but shifting to a lower the carbon footprint of our existing business

Full interview here: https://www.cnbc.com/video/2020/10/22/chevron-cfo-on-why-consolidation-will-be-good-for-the-energy-industry.html


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