Register for free      |     Facebook    |    twitter    |    Google+     |    Advertize for free

Author Topic: Top 10 Oil & Gas Companies: Number 9 - Chevron Corporation  (Read 2359 times)

Offline Admin

  • Administrator
  • Hero Member
  • *****
  • Posts: 1178
  • What do you think +3/-0
  • Gender: Male
  • Watch me as I unfold
    • View Profile
    • Oil & Gas Planet

Another super major, the Chevron Corporation is America's third largest corporation according to the Fortune 500. It was named the world’s 16th largest public company by Forbes Global 2000.

The company was founded in 1984, but its origins can be traced as far back to 1879 when the Pacific Coast Oil Company was formed. This company was acquired by Standard Oil Co (part of its parent corporation Standard Oil) who then later rebranded the subsidiary to SoCal. This is when it launched the name Chevron for some of its product lines.

In 1984 when Gulf Oil and SoCal merged, it was decided the new company would be rebranded as Chevron.

In 2000, Chevron bought Texaco in a $45 billion deal which created the United States’ second-largest oil company and the fourth-largest publicly traded oil company in the world.

The company has had many different brands under its umbrella including: Chevron, Standard Oil, Texaco, Caltex, Unocal, Star Mart, Extra Mile, Redwood Market, Town Pantry, Delo, Havoline, Revtex, Ursa, Techron and Caltex.

Chevron is also distinguished environmentally by its track record and achieved the highest score for an American oil and gas company investing in alternative energy sources and setting emission reduction targets .

The company is also the largest producer of geothermal energy. Chevron has also slashed its own energy usage by more than 30% since 1992 by utilizing alternative energy platforms including hydrogen fuel and solar panels at its facilities.

In 2010 the company acquired Atlas Petroleum for $4.3 billion to make inroads in the lucrative Marcellus and Utica shale plays.

Barrels Per Day     3.5 million
Founded                1984
Headquarters        California, U.S.
State Owned?        No
CEO                        John S. Watson (Chairman & CEO)
Revenue                 US$ 241.909 billion (2012)
Employees             62,000 (Dec 2012)
Website                 http://www.chevron.com/

DID YOU KNOW?
Former United States Secretary of State, Condoleezza Rice was a former member of the board of directors, and head of Chevron's committee on public policy.


Adewale Odubiyi
Owner, Nigeria Oil & Gas Forum

Nigeria Oil & Gas Forum


Offline mikewatson

  • Newbie
  • *
  • Posts: 7
  • What do you think +0/-0
  • Gender: Male
  • Hello guys, I've just joined Nigeria Oil & Gas Forum
    • View Profile
Re: Top 10 Oil & Gas Companies: Number 9 - Chevron Corporation
« Reply #1 on: March 25, 2014, 11:23:19 PM »
Chesapeake revenues grew at an annually compounded rate of 12.46% from fiscal year 2009 to fiscal year 2012. Its yearly revenues at the end of that period totaled $12.32 billion

Offline stevebry56

  • Newbie
  • *
  • Posts: 6
  • What do you think +0/-0
  • Gender: Male
  • Hello guys, I've just joined Nigeria Oil & Gas Forum
    • View Profile
Re: Top 10 Oil & Gas Companies: Number 9 - Chevron Corporation
« Reply #2 on: March 25, 2014, 11:26:51 PM »
Chesapeake’s stock price is up 47.4% in the last twelve months, outperforming the Energy Select Sector, Here it is
http://goo.gl/6zz8Jo

Offline mikewatson

  • Newbie
  • *
  • Posts: 7
  • What do you think +0/-0
  • Gender: Male
  • Hello guys, I've just joined Nigeria Oil & Gas Forum
    • View Profile
Re: Top 10 Oil & Gas Companies: Number 9 - Chevron Corporation
« Reply #3 on: March 25, 2014, 11:33:38 PM »
Chesapeake Energy had long-term debt commitments totaling $12.74 billion in third quarter fiscal year 2013, with no portion of the debt due to mature in 2014

 

Related Topics

  Subject / Started by Replies Last post
7 Replies
2031 Views
Last post March 25, 2014, 11:34:19 PM
by stevebry56
3 Replies
1641 Views
Last post March 25, 2014, 11:56:14 PM
by mikewatson
0 Replies
1282 Views
Last post May 14, 2013, 07:23:06 AM
by Admin
0 Replies
1215 Views
Last post May 14, 2013, 08:07:13 AM
by Admin
0 Replies
452 Views
Last post February 05, 2015, 02:34:14 PM
by Admin

Sponsored Ads

Quick Links

About Us
Contact us
Register
Privacy Policy

Contact Info

Nigeria Oil & Gas Forum

Email Address
info@oilandgasforum.com.ng
Contact Form
Business Hours
9.00am - 5.00pm (Mon - Sat)

Would you like to partner with us on this forum?

Then you can contact us here


Nairaland     Oil Prices     UK Gas Forum     Ghana Gas Forum     Russian Oil & Gas Forum     Israel Oil Forum     Agric Forum      freeslots.la

Powered by EzPortal