Increasing FY26 Exploration Spend 50% YoY Relative To 2025; On Track To Reach Around ~300Kb/d Of Venezuela Output By Year End; Q3 Production Lower YoY Due To Lower Entitlements From Higher Prices And Impacts From Middle East Conflict; Expect Q4 Capex Increase, Will Still End Year At Low End Of FY26 Guidance - Prepared Remarks
Increasing FY26 Exploration Spend 50% YoY Relative To 2025; On Track To Reach Around ~300Kb/d Of Venezuela Output By Year End; Q3 Production Lower YoY Due To Lower Entitlements From Higher Prices And Impacts From Middle East Conflict; Expect Q4 Capex Increase, Will Still End Year At Low End Of FY26 Guidance - Prepared Remarks
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
Get real-time financial news in your trading bot or app
START FREE — 10,000 calls/day, no key needed