Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.

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According to a U.S. Forest Service study, Mangrove forests form a unique habitat and can help reduce greenhouse gases by storing carbon dioxide. But some in the Berau District of East Kalimantan, Indonesia, have been removed to make way for shrimp ponds.  

Chevron is partnering with two nonprofit agencies in the area to promote sustainable aquaculture that can protect shrimp farmers' livelihoods while also helping to restore mangrove forests. Read on to learn more: https://lnkd.in/gktNjKNV

Our collaboration with The Executive Leadership Council (ELC) elevates employees like Telisa Toliver into leadership roles. Learn more: https://lnkd.in/g8kepng5 #blackhistorymonth

We did a Q&A session with Cummins Inc. Engine Business Strategy Director, Ivan Iazdi and our very own Chief Scientist, Dave Slade. They answered questions about the benefits of biodiesel, lifecycle carbon emissions and much more. Watch these experts answer your biodiesel questions here: https://lnkd.in/ep5iYNFW

Innovation in fuels can help lower the carbon intensity of vehicles already on the road. Chris Jablonski, vice president of Downstream Technology and Services, noted the potential of collaborating to bring affordable, reliable alternative fuels to customers. Learn more: https://lnkd.in/geqMcMgb

Today, CPChem announced Steve Prusak, currently Senior Vice President, Corporate Planning & Technology, will succeed Bruce Chinn as the company’s next President & CEO, effective March 1, 2024. 

Bruce will retire following a distinguished career in the energy industry spanning more than 40 years. Under Bruce’s leadership, CPChem has delivered on its strategic objectives to operate its facilities safely and reliably, advance a portfolio of strategic growth projects and help meet the needs of a lower carbon and more sustainable future. Congratulations on your tremendous career, and thank you for your leadership, Bruce! 

Steve joined CPChem soon after the company’s formation in 2000. He is a 30-plus year veteran of the chemical industry who brings deep knowledge of CPChem’s core business and robust organic growth experience to the role. Congratulations, Steve!

The company announced additional leadership changes related to this transition. Read more here. https://bit.ly/3SQRoxe

We're committed to developing, growing, and empowering students at Historically Black College and Universities (HBCUs). See how our partnership with the Thurgood Marshall College Fund aims to recruit the best and brightest from HBCU programs. https://lnkd.in/giZzqrYm #blackhistorymonth

Hear what our CEO Mike Wirth had to say about the need for a balanced approach to energy while attending the World Economic Forum in Davos, Switzerland. https://lnkd.in/gKaybbrC

Chevron participates in the World Economic Forum in Davos, Switzerland, to connect with government, business, academic and cultural stakeholders. This event provides an opportunity to reinforce the role we play in providing the affordable, reliable and ever-cleaner energy that enables human progress. Refer to the infographic to learn more.

Unlocking the full potential of lower carbon energy will require several key factors like solutions, scale and speed. Learn how these factors will play a part in helping solve the energy equation: https://lnkd.in/gN8BrB-X

Cummins Inc. is taking advantage of Chevron’s lower carbon biodiesel to help reduce their customer’s emissions TODAY! Don’t miss our first podcast showcasing what biodiesel can bring to your fleet: https://lnkd.in/gWG-zppn

NYSE:CVX

Chevron Corporation

Last Close

157.54

26/07 20:00

Market Cap

285.90B

Beta: 1.16

Volume Today

4.28M

Avg: 8.03M

PE Ratio

13,333.60

PFCF: 42.81

Dividend Yield

3.95%

Payout:26.60%