Chevron CEO Mike Wirth Talks Earnings, Energy Valuations

Mike Wirth, CEO of Chevron, shares insights on the company's impressive earnings and record production in the Permian Basin. He delves into strategies for cost efficiency, revealing the potential for job reductions amid operational improvements. Wirth also discusses ambitious financial plans, including debt-funded buybacks to maintain dividend growth. Lastly, he examines how the upcoming presidential election could impact the energy sector, emphasizing the importance of stable policies in navigating market challenges.