Chevron Corporation's book value per share expected to rise significantly by 2028

Chevron Corporation, a major oil and gas company in the US, is projected to increase its book value per share from $85.95 in 2023 to $99.2 by 2028. The company also anticipates a rise in dividends per share from $6.04 to $7.72 during the same period. Chevron's stock has surged by 40.8% over the past year, significantly outperforming the S&P 500 index.