Chevron (CVX) is on track to achieve its 20% production growth target by 2017 after 2011...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX) is on track to achieve its 20% production growth target by 2017 after 2011 "generated the strongest earnings and cash flow in our company's history," CEO John Watson says. CVX affirms its view of FY 2012 capex of $32.7B, says early Marcellus well results exceed expectations, and its Gorgon LNG project is now 40% complete. CVX +0.3% premarket.