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chevron corp (CVX) Details

Chevron Corporation, through its subsidiaries, engages in the petroleum, chemicals, and power and energy operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production 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 holds interest in a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals and fuel and lubricant additives, as well as plastics for industrial uses. Chevron Corporation is also involved in the cash management and debt financing activities; insurance operations; real estate activities; power and energy services; 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 headquartered in San Ramon, California.

64,700 Employees
Last Reported Date: 02/20/15
Founded in 1879

chevron corp (CVX) Top Compensated Officers

Chairman of the Board and Chief Executive Off...
Total Annual Compensation: $1.8M
Chief Financial Officer and Vice President
Total Annual Compensation: $1.0M
Vice Chairman and Executive Vice President of...
Total Annual Compensation: $1.5M
Executive Vice President of Downstream & Chem...
Total Annual Compensation: $1.1M
Vice President and General Counsel
Total Annual Compensation: $842.7K
Compensation as of Fiscal Year 2014.

chevron corp (CVX) Key Developments

Chevron Corporation Announces Unaudited Consolidated Earnings and Production Results for First Quarter Ended Mar. 31, 2015

Chevron Corporation announced unaudited consolidated earnings and production results for first quarter ended Mar. 31, 2015. For the quarter, the company reported total revenues and other income of $34,558 million, income before income tax expense of $2,905 million, net income attributable to the company of $2,567 million or $1.37 compared to total revenues and other income of $53,265 million, income before income tax expense of $7,928 million, net income attributable to company of $4,512 million or $2.36 for the same quarter a year ago. Net cash provided by operating activities was $2,319 million compared to the $8,417 million for the same quarter year ago. Capital and exploratory expenditures were $8.6 billion compared with $9.4 billion a year ago. For the quarter, the company reported net liquids production of 1,801 mb/d net natural gas production of 5,283 mmcf/d total net oil-equivalent production of 2,681 mb/d compared to net liquids production of 1,713 mb/d net natural gas production of 5,253 mmcf/d total net oil-equivalent production of 2,588 mb/d for the same quarter a year ago.

Chevron Corporation Declares Quarterly Dividend, Payable on June 10, 2015

The board of directors of Chevron Corporation declared a quarterly dividend of $1.07 per share, payable on June 10, 2015, to holders of common stock as shown on the transfer records of the corporation at the close of business on May 19, 2015.

Firms Show Interest In Ukrhydroenergo And Energoatom

European and American energy firms have shown interest in the privatization of Ukrainian energy assets, Energy and Coal Industry Minister of Ukraine, Volodymyr Demchyshyn said. The potential suitors have shown interest in acquisition of Rosenergoatom Concern OJSC (Energoatom), All-Ukrainian Association Ukrhydroenergo, the gas transportation system. He said that the privatization of the companies is not currently being considered and is an issue of separate political decisions. The minister added that Chevron Corporation (NYSE:CVX), Royal Dutch Shell plc (ENXTAM:RDSA), Exxon Mobil Corporation (NYSE:XOM), Eni SpA (BIT:ENI) and RWE AG (DB:RWE) have shown interest in Ukrainian energy assets.


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