Chevron Corporation

News and overview for Chevron Corporation

Bofa's Lewis to give up 2009 bonus, return pay - MarketWatch
MarketWatch | 39 days 28 minutes ago
Lewis agreed because he felt that it wasn't in the best interests of Bank of America to "get into a dispute with the pay-master," Bob Stickler, a spokesman for the bank, said in an interview.


Oil and Amazon rain forest don't mix
Seattle Times, The | 32 days 16 minutes ago
A long-running lawsuit against Chevron claims that the company (which merged with Texaco in 2001) has done $27 billion worth of damage in the Amazon rain forest. According to Chevron/Texaco representatives, the pollution is the result of poor sewage treatment. The corporation also argues that con men and trial lawyers have attempted to whip up a controversy for their own benefit.


Microsoft profit falls 18%, but tops expectations - MarketWatch
MarketWatch | 31 days 9 hours 20 minutes ago
In the quarter ended Sept. 30, Microsoft said net income slipped to $3.57 billion, or 40 cents a share, from $4.37 billion, or 48 cents a share, in the year-earlier quarter. Revenue fell 14% to $12.92 billion.


Thursday's biggest gaining and declining stocks - MarketWatch
MarketWatch | 32 days 10 hours 13 minutes ago
What's fueling eBay's revenue growth. 5:36 p.m. Oct. 21, 2009 | Comments: 4


Western Lithium to Acquire Rocky Mountain Resources [Press Release]
MarketWire | 31 days 4 hours 16 minutes ago
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/23/09 -- Western Lithium Canada Corporation (TSX VENTURE: WLC) and Rocky Mountain Resources Corp. (TSX VENTURE: RKY) are pleased to announce that they have entered into a non-binding letter of intent pursuant to which Western Lithium proposes to acquire all of the outstanding shares of Rocky Mountain.


Microsoft, Honeywell, Whirlpool in focus Friday - MarketWatch
MarketWatch | 31 days 9 hours 37 minutes ago
See Indications


Mainland Resources, Inc. Adds J. Jack Cox as a Board Director [Press Release]
PRNewswire | 70 days 9 hours 3 minutes ago
...The management of Mainland Resources, Inc., a Nevada Corporation (the "Company") have approved the appointment of J. Jack...Mr. Cox began his career in the role of engineer with the Chevron Oil Company in 1962. Over a period of more than 19 years...


SMF Energy Expands Support to the United States Postal Service in Louisiana [Press Release]
PRNewswire | 83 days 9 hours 30 minutes ago
...FirstCall/ -- SMF ENERGY CORPORATION a leading provider of...customer additions to our Chevron and private label lubricant...continuing to expand our Chevron Associate 'Subjobber...will be selling the Chevron lubricant product lines...SMFENERGYCORPLOGO SMF Energy Corporation CONTACT: Robert...


Easily spooked, stock investors await earnings - MarketWatch
MarketWatch | 30 days 18 hours 33 minutes ago
They'll get plenty of opportunities to buy or bail in the next week, a packed one for company and economic releases that promises to send the indexes on a continued bumpy ride.


Kosmos official confirms Exxon Ghana deal - MarketWatch
MarketWatch | 42 days 3 hours 53 minutes ago
The deal -- valued at an estimated $4 billion -- would mark Exxon Mobil's /quotes/comstock/13*!xom/quotes/nls/xom (XOM 70.07, +0.80, +1.15%) largest acquisition in about a decade.


Asia shares match U.S. rise; China leads the way - MarketWatch
MarketWatch | 31 days 12 hours 50 minutes ago
Markets were higher on "positive leads from the U.S. flow through, boosting speculation the worst of the global crisis is behind us," said Ben Potter, a research analyst at IG Markets in Melbourne.


Apache, KUFPEC to Join Chevron's Wheatstone LNG Project in Australia
CNBC | 32 days 10 hours 54 minutes ago
HOUSTON, Oct 22, 2009 /PRNewswire-FirstCall via COMTEX/ -- Apache Corporation (NYSE, Nasdaq: APA) and Kuwait Foreign Petroleum Exploration Co. (KUFPEC) today announced that their subsidiaries are joining Chevron to develop the Wheatstone liquefied natural gas (LNG) hub in Western Australia. Apache and KUFPEC have signed an exclusive agreement to supply gas from their Julimar and Brunello discoveries and become foundation equity partners in the Wheatstone project facilities.


John Dvorak's Second Opinion: Antitrust scrutiny in tech will make things worse - MarketWatch
MarketWatch | 45 days 4 hours 23 minutes ago
High tech is remarkable for one thing that attracts investors: the potential for hypergrowth unlike any other business, short of wildcat oil drilling. That's it. All high-tech companies aim to go public and grow as much as they can, so they leverage their size and market capitalization to buy their competitors.


Earnings roundup: Lower prices hurt Chevron profit, but production up; Cummins net sinks
Orlando Sentinel (Fla.) | 24 days 4 hours 3 minutes ago
Among the earnings stories for Friday, Oct. 30, from AP Financial News:





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242 Results

Company Overview


Company: Chevron Corporation
Industry: Oil & Gas Refining, Marketing & Distribution
Website: http://www.chevron.com

Having added Texaco's star (and subsequently Unocal's authority) to its stripes, Chevron can pull rank on its rivals. Among the largest US integrated oil companies, along with Exxon Mobil and ConocoPhillips, it has proved reserves of 11.2 billion barrels of oil equivalent and a daily production of 2.5 million barrels of oil equivalent, and it also owns interests in chemicals, mining, pipelines, and power production businesses. The company, which began to restructure its refinery and retail businesses in 2008, owns or has stakes in 9,700 gas stations in the US that operate under the Chevron and Texaco brands. Outside the US it owns or has stakes in 15,300 gas stations, which also use the Caltex brand.


Key Numbers

Sales in U.S. Dollars (mil.) 273,005 (2008)
One-year % Growth in Sales 23.6 (2008)
Net Income in U.S. Dollars (mil.) 23,931 (2008)
One-year % Growth in Net Income 28.1 (2008)
Number of Employees 67,000 (2008)
One-year % Growth in Number of Employees 3.1 (2008)
Fiscal Year-End December