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Global 500

Adrees Latif—Reuters

33

Chevron

CVX

U.S.

Chevron had a fine 2017 and things are looking even better for the rest of 2018. Earnings and cash flow are surging thanks to what the company calls a “powerful combination” of upstream margins and volumes, and its annual revenues were up 25% to $135 billion. Production is booming in Texas, New Mexico, and the Gulf of Mexico. The only trouble spot is in domestic refining, where earnings are down because of lower margins—but this was more than offset by the positive trends in production.

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CEO

Michael K. Wirth

Sector

Energy

Industry

Petroleum Refining

HQ Location

San Ramon, Calif.

Years on Global 500 List

24

Employees

51,900

Excise taxes have been deducted.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$134,53325.1%
Profits ($M)$9,195.0
Assets ($M)$253,806
Total Stockholder Equity ($M)$148,124
Profit Ratios
Profit as % of Revenues6.8%
Profits as % of Assets3.6%
Profits as % of Stockholder Equity6.2%
STOCK QUOTE
()0.00 0.00 (0)
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  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about Chevron

U.S.-Based Oil Companies Are Finally Joining a Global Initiative to Combat Climate Change

Chevron, ExxonMobil, and Occidental Petroleum are joining the Oil and Gas Climate Initiative.

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Big Oil Firms Just Notched Another Victory Against Cities Suing Over Their Role in Climate Change

Government has to deal with the problem, said the judge. With the Trump EPA, that's unlikely.

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Big Oil Scores Victory Against California Climate Change Lawsuit

The suit called for an abatement fund that would go toward cities affected by flooding.

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Three Stocks to Own in Risky Times

They're in industries that do well even when the headlines are grim.

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New York City Is Suing Big Oil Over Climate Change

A lawsuit claims they knew what they were doing to the planet.

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