CFOs Share Their Insights: Perspectives from Chevron and a Biotech Innovator
December 21, 2025, at 9:00 PM UTC
Welcome to CFO Briefing, your go-to newsletter for everything related to corporate finance and the vital insights leaders should be aware of. As we approach the end of the year, our focus shifts to the voices of Chief Financial Officers (CFOs). In this edition, I have an engaging conversation with Eimear Bonner from Chevron and Jeff Poulton from Alnylam.
In July, energy powerhouse Chevron successfully finalized its acquisition of Hess, an exploration and production company, in a significant deal worth $53 billion. This victory came after a lengthy 20-month legal battle with Exxon Mobil, which you can read more about here: Bloomberg Article. Currently, Chevron is concentrating on streamlining its portfolio and implementing cost-reduction strategies. Notably, it stands as the last major American company still operating in Venezuela. Chevron aims to achieve a remarkable free cash flow of nearly $30 billion annually by 2030, which marks a substantial increase from approximately $15 billion in 2024 based on existing projections.
Eimear Bonner, who stepped into the CFO role in the spring of 2024, discusses her perspective on the future of oil prices, the innovative use of artificial intelligence in well design, and her previous experience as Chevron's chief technology officer. For brevity and clarity, her responses have been edited.
But here's where it gets interesting: how will these strategies affect the oil market in the coming years? And what are the implications for companies navigating similar challenges? Join us as we dive deeper into these conversations and share your thoughts in the comments below. Do you agree with their outlook on the energy sector? What strategies do you think are most effective in today's volatile market?