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Chevron - statistics & facts

Chevron Corporation is a multinational energy corporation headquartered in San Ramon, California, United States. Founded in September 1879, it is one of the successor companies of Standard Oil. It is one of the Big Oil supermajors along with BP, Royal Dutch Shell, ExxonMobil, Total S.A., and Eni S.p.A. Chevron is active in more than 180 countries worldwide and has a brand value of nearly 16 billion U.S. dollars, raking seventh among worldwide oil and gas companies.

Production techniques and infrastructure

As an integrated energy company, Chevron is involved in every aspect of the oil and natural gas industries. This includes exploration and production, refining, chemical manufacturing, marketing and transportation, and power generation. Much of Chevron’s growth over recent years has come from success in hydraulic fracturing, also known as fracking. This process involves withdrawing large volumes of water to access previously unreachable oil and gas reserves. It has led to a dramatic increase in the production of shale gas and tight oil plays, particularly in the U.S. As of 2021, Chevron’s net number of productive oil wells in the U.S. amounted to 28,321, far more than in any other country.

Downstream operations

While upstream activities get more media attention, Chevron’s downstream operations are also noteworthy. In addition to refined petroleum and natural gas, the company supplies lubricants such as polyalphaolefin. The firm also runs convenience stores in the U.S., which lends itself to widespread brand recognition. In 2021, Chevron’s downstream capital and exploratory expenditures amounted to 1.86 million U.S. dollars. In return, the downstream segment generated 2.9 billion U.S. dollars in net income that same year.

Environmental footprint

As with other oil and gas conglomerates, Chevron has experienced tension with environmentalists. The company directly contributes a large amount of greenhouse gas emissions, in addition to those that its hydrocarbon products release at their end use. Petroleum spills have been an issue as well, although Chevron endeavors to recover much of what is lost.

Interesting statistics

In the following 5 chapters, you will quickly find the 27 most important statistics relating to "Chevron".

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