Morning “Air” Wirth
By Paul Sankey
Published on December 2, 2022 at 9:52 AM
“He’s the Michael Jordan of Oil & Gas” emailed one trader who read yesterday’s note on Mike Wirth. Meetings in New York yesterday, closing out my “week of Wirth” were received, if not quite at that level, then certainly very warmly. Besides his low-key charisma, what gave Wirth this reputation? The transformation of Chevron, essentially one of capex control and free cashflow & returns generation over his tenure, first in his restructuring what was an …