Chevron vs. Shell in Gulf of America: Who's Got the Edge?
Key Takeaways Chevron aims to boost GoA output by 50% from 2020 levels, hitting 300K barrels/day by 2026. Shell leads in GoA volume, using standardized designs and robotics to cut costs and emissions. CVX trades at a premium to SHEL, reflecting profit hopes from GoA growth and recent Hess assets.Chevron Corporation (CVX) and Shell plc (SHEL) are two of the world's biggest energy companies, and both have been drilling for oil and gas in the deep waters of the Gulf of America (GoA) — what we used to call th ...