About the Company
Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is active in more than 180 countries. Within oil and gas, Chevron is vertically integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation. Founded originally in Southern California during the 1870s, the company was then based for many decades in San Francisco, California, before moving its corporate offices to San Ramon, California, in 2001; on August 2, 2024, Chevron announced that it would be transferring its headquarters to Houston, Texas. Chevron traces its history back to the second half of the 19th century to small California-based oil companies which were acquired by Standard and merged into Standard Oil of California. The company grew quickly on its own after the breakup of Standard Oil by continuing to acquire companies and partnering with others both inside and outside of California, eventually becoming one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly merged company later merged with Texaco in 2001. Chevron manufactures and sells fuels, lubricants, additives, and petrochemicals, primarily in Western North America, the US Gulf Coast, Southeast Asia, South Korea and Australia. In 2018, the company produced an average of 791,000 barrels (125,800 m3) of net oil-equivalent per day in United States. Chevron is one of the largest companies in the world and the second-largest oil company based in the United States by revenue, only behind fellow Standard Oil descendant ExxonMobil. Chevron ranked 10th on the Fortune 500 in 2023. The company is also the last-remaining oil-and-gas component of the Dow Jones Industrial Average since ExxonMobil's exit from the index in 2020. Chevron has been subject to numerous controversies.
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest News on CHEVRON CORP
Iraq signs agreement with Chevron on oil exploration projects, prime minister says
Iraq signed an agreement in principle with U.S. oil producer Chevron for the Nassiriya project that consists of four ...
Chevron Q2: Berkshire Hathaway Added More, So Did I
Berkshire Hathaway increased its Chevron stake in Q2 while trimming other top holdings, signaling strong institutional ...
Chevron Re-Enters Iraq's Energy Sector After More Than a Decade
Chevron Corporation CVX, a Houston, TX-based integrated oil and gas company, has officially re-established its presence in Iraq by signing an agreement in principle with the country’s Ministry of Oil.
Chevron Corporation (CVX) is Attracting Investor Attention: Here is What You Should Know
Chevron (CVX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of ...
Jim Cramer on Chevron: “I Am With It”
Chevron Corporation (NYSE:CVX) is one of the stocks on Jim Cramer’s radar. A caller asked if the stock is a buy, sell, or hold, and Cramer replied: “I read that, I read that upgrade today, Chevron is ...
Chevron to Merge Hess Exploration Team With Its Own, CEO Says
Chevron Corp. plans to merge Hess Corp.’s exploration team with its own to challenge “conventional thinking” and make new discoveries, Chief Executive Officer Mike Wirth in an interview on Bloomberg ...
Chevron: The Hess Payoff Begins, Reinforcing The Long-Term Case
Chevron's acquisition of Hess boosts growth with assets in Guyana and the Permian Basin. Explore its synergies, strong cash flow, and strategic outlook.
Chevron's (NYSE:CVX) Problems Go Beyond Weak Profit
NYSE:CVX 1 Year Share Price vs Fair Value Explore Chevron's Fair Values from the Community and select yours The ...
Chevron Corporation - The New York Times
The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices. By Rebecca F. Elliott Chevron completed its purchase of Hess after ...
Chevron Corp. stock underperforms Monday when compared to competitors
The stock's fall snapped a two-day winning streak.
Chevron to move headquarters from California to Texas after warning ...
Chevron Corp. is relocating headquarters to Houston from San Ramon after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business.
Chevron to Buy Back $75 Billion in Stock After Record Profit
Chevron Corp. plans to buy back $75 billion of shares and increase dividend payouts after a year of record profits that evoked angry denunciations from politicians around the world as soaring ...
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