F500 2019-Chevron
FILE: The Kobe Chouest platform supply vessel sits anchored next to the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico in the aerial photograph taken off the coast of Louisiana, U.S., on Friday, May 18, 2018. All eyes are on this weekends G-20 summit in Argentina, where Russias Vladimir Putin and Saudi Arabias Mohammed bin Salman are likely to discuss how to coordinate oil policy. The nations are in talks over the timing of any reduction in supply, Reuters reported Thursday, a week before producers are due to meet in Vienna to discuss the market and a possible cut in 2019. Photographer: Luke Sharrett/Bloomberg via Getty ImagesLuke Sharrett—Bloomberg via Getty Images
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  • Revenue Percent Change
  • Profits ($M)
  • Profits Percent Change
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Chevron took the top spot in profit growth in the refining sector in 2018, with a sharp jump of more than 61% to $14.8 billion. Revenue was up to $166.3 billion. However, the company has also been hit hard by the economic crisis in Venezuela and U.S. sanctions there. The San Ramon-based company is the last major U.S. refiner to still have refining operations in Venezuela and has pledged to stay in the country. Like its competitors, Chevron will also expand in 2019: in January, it bought a Pasadena, Texas refinery system from Petrobras for $350 million. Subscribe to Fortune’s CEO Daily newsletter for must-read business news and analysis.

Company Info

CEOMichael K. Wirth
CEO TitleChairman & Chief Executive Officer
IndustryPetroleum Refining
HQ LocationSan Ramon, Calif.
Years on Fortune 500 List65

Key Financials (Last Fiscal Year)

Revenues ($M)$166,339
Profits ($M)$14,824
Assets ($M)$253,863
Total Stockholder Equity ($M)$154,554

Profit Ratios

Profit as % of Revenues8.9%
Profits as % of Assets5.8%
Profits as % of Stockholder Equity9.6%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)8
EPS % Change (from 2017)59.6%
EPS % Change (5 year annual rate)-6.9%
EPS % Change (10 year annual rate)-4.0%

Total Return

Total Return to Investors (2018)-9.8%
Total Return to Investors (5 year, annualized)1.2%
Total Return to Investors (10 year, annualized)7.8%