CVX Chevron

Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil, natural gas, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron is one of the world's largest companies; as of March 2020, it ranked fifteenth in the Fortune 500 with a yearly revenue of $146.5 billion and market valuation of $136 billion. In the 2020 Forbes Global 2000, Chevron was ranked as the 61st -largest public company in the world. It was also one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. Chevron is incorporated in California. Chevron's downstream operations manufacture and sell products such as fuels, lubricants, additives, and petrochemicals. The company's most significant areas of operations are the west coast of North America, the U.S. Gulf Coast, Southeast Asia, South Korea and Australia. In 2018, the company produced an average of 791,000 barrels of net oil-equivalent per day in United States.
Company profile
Ticker
CVX
Exchange
Website
CEO
Michael K. Wirth
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Exxon Mobil • Valero Energy • Hess • Marathon Petroleum • Conoco Phillips • Phillips 66 • PBF Energy • PBF Energy • HollyFrontier • Delek US ...
Former names
CHEVRONTEXACO CORP
SEC CIK
Corporate docs
IRS number
940890210
CVX stock data
()
News
SaaS In Space With Spire Global: What Investors Should Know About SPAC Merger
1 Mar 21
PreMarket Prep Stock Of The Day: Chevron
18 Feb 21
Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
17 Feb 21
Warren Buffett's Berkshire Cuts Apple Stake And Buys These Drugmaker, Telecom Stocks Instead
16 Feb 21
17 Stocks Moving In Tuesday's After-Hours Session
16 Feb 21
Press releases
Chevron Invests in Geothermal Development Company
1 Mar 21
Chevron Invests in Geothermal Development Company
1 Mar 21
Chevron Commits $300 million Toward Low-Carbon Technology Investments
25 Feb 21
Thinking about trading options or stock in Vir Biotechnology, Verizon, Nektar Therapeutics, Chevron, or Estee Lauder?
17 Feb 21
Chevron Announces Offer to Acquire Noble Midstream Partners LP
5 Feb 21
Calendar
25 Feb 21
2 Mar 21
31 Dec 21
Financial summary
Quarter (USD) |
Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Financial data from Chevron earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.74B | 6.74B | 6.74B | 6.74B | 6.74B | 6.74B |
Cash burn (monthly) | 351.33M | 14.5M | 129.67M | 531.25M | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | 718.5M | 29.65M | 265.18M | 1.09B | n/a | n/a |
Cash remaining | 6.02B | 6.71B | 6.47B | 5.65B | n/a | n/a |
Runway (months of cash) | 17.1 | 462.6 | 49.9 | 10.6 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Feb 21 | Marillyn A Hewson | Common Stock | Buy | Aquire P | No | No | 95.2137 | 3,200 | 304.68K | 4,261 |
31 Jan 21 | R. Hewitt Pate | Common Stock | Sale back to company | Dispose D | No | No | 85.2 | 10,701 | 911.73K | 0 |
31 Jan 21 | R. Hewitt Pate | Common Stock | Option exercise | Aquire M | No | No | 0 | 10,701 | 0 | 10,701 |
31 Jan 21 | R. Hewitt Pate | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 10,701 | 0 | 0 |
31 Jan 21 | David A Inchausti | Common Stock | Sale back to company | Dispose D | No | No | 85.2 | 1,339 | 114.08K | 0 |
31 Jan 21 | David A Inchausti | Common Stock | Option exercise | Aquire M | No | No | 0 | 1,339 | 0 | 1,339 |
31 Jan 21 | David A Inchausti | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,339 | 0 | 0 |
27 Jan 21 | Michael K Wirth | RSU Common Stock | Grant | Aquire A | No | No | 0 | 43,930 | 0 | 43,930 |
27 Jan 21 | Michael K Wirth | NQSO Common Stock | Grant | Aquire A | No | No | 88.2 | 317,100 | 27.97M | 317,100 |
27 Jan 21 | Colin E Parfitt | RSU Common Stock | Grant | Aquire A | No | No | 0 | 4,090 | 0 | 4,090 |
Institutional ownership Q4 2020
64.9% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 2357 |
Opened positions | 291 |
Closed positions | 153 |
Increased positions | 839 |
Reduced positions | 1073 |
13F shares |
Current |
---|---|
Total value | 105.61B |
Total shares | 1.25B |
Total puts | 19.12M |
Total calls | 19.29M |
Total put/call ratio | 1.0 |
Largest owners |
Shares | Value |
---|---|---|
Vanguard | 157.79M | $13.33B |
STT State Street | 127.92M | $10.8B |
BLK Blackrock | 126.82M | $10.71B |
BRK.A Berkshire Hathaway | 48.5M | $4.1B |
Capital International Investors | 38.19M | $3.23B |
BAC Bank Of America | 33.06M | $2.79B |
Geode Capital Management | 29.35M | $2.47B |
Capital Research Global Investors | 27.68M | $2.34B |
NTRS Northern Trust | 25.91M | $2.19B |
BEN Franklin Resources | 25.05M | $2.12B |
Financial report summary
?Competition
Warrior Energy Services • GlyEco • Enerteck • Transmontaigne Partners • Calumet Specialty Products Partners • Capital Product Partners • GreenwayRisks
- Impacts of the COVID-19 pandemic have resulted in a significant decrease in demand for Chevron’s products and caused a precipitous drop in commodity prices that has had, and may continue to have, an adverse and potentially material adverse effect on Chevron’s financial and operating results.
- The Noble acquisition may cause our financial results to differ from our expectations or the expectations of the investment community, we may not achieve the anticipated benefits of the acquisition, and the acquisition may disrupt our current plans or operations.
- One of our subsidiaries acts as the general partner of a publicly traded master limited partnership, Noble Midstream Partners LP, which may involve a potential legal liability.
Content analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
Academy, accrual, affordable, aggravate, Alba, Alen, Algonquin, allegedly, ambient, andChief, Angolan, Aphrodite, Aseng, assist, assistance, attached, attrition, bargain, Barrani, billable, Blue, breakeven, briefly, Brightmark, Cameroon, career, center, childcare, chose, Cleopatra, combat, confidential, conflict, consulting, correspondingly, COVID, Crossing, CTV, culture, cut, Dabaa, dairy, decarbonization, deeper, default, demobilization, demobilized, demotion, Denver, desired, discretionary, DJ, Douala, drillship, drop, Eagle, earlier, eased, effluent, Elevate, Emerald, endowment, EPIC, Equatorial, ExecutiveVice, expertise, family, fifteen, Flaring, flat, flood, floor, Ford, forma, formation, fraudulent, gathering, gender, geography, greatly, ground, Guajira, guarantor, Guinea, halted, heat, hindsight, hiring, hotline, Houston, HX, idling, imbalance, importantly, indenture, infection, innovation, innovative, internship, invoking, Io, isolation, Israel, Israeli, Julesburg, Kaybob, Labrador, Laffan, Lean, legacy, Leviathan, Louisiana, LP, majeure, Marina, matched, meaningful, mental, Meren, methodology, Ministry, MOEP, Mustang, navigate, Netherland, neurodiverse, Neurodiversity, NIS, Noble, NOI, notably, NSAI, nuclear, Obligor, Oct, owed, partnership, payroll, persist, phantom, Planet, Pollution, Powder, precautionary, predominately, prioritize, pro, profile, prolonged, promote, promoting, Propane, proper, Puma, quarantining, Ranch, rapidly, Ras, reactor, relationship, remobilization, remobilizing, rescinded, resumed, resurgence, Returnship, risen, RLPP, room, Saddlehorn, Sanha, screening, SDNY, sealift, Sep, Sewell, sharply, Sidi, skill, SLCRMA, SLGC, slightly, slowly, software, sovereign, spread, staffing, startup, statistical, steadily, sued, swift, synergistic, talent, Tamar, tendered, timeframe, timeline, trajectory, travel, twelve, unclear, unconditionally, underrepresented, unqualified, unvested, urging, USGC, validly, virtual, volume, voluntary, wealth, Weld, whichever, women, workforce, workplace, Wyoming, Yolanda, YoYo, Zap
Removed:
affirming, ahead, apology, asserting, authority, BAAQMD, Background, barred, belonging, Bight, BIT, Brasilia, Brazilian, breached, bridging, Burnaby, calculate, Captain, central, certifying, Ceyhan, collective, complaint, Comptroller, conclusion, confirming, contest, contrary, contrast, correlation, covering, Danish, defendant, defense, dispute, embargo, enhancement, entirety, entity, excise, formal, Frade, freeze, gap, geological, geophysical, hear, hearing, hydrogen, imposition, inception, infill, jurisdictional, lawsuit, legitimate, liquefy, Loja, Mafumeira, mandating, midcontinent, mixed, municipal, Nonbillable, noncancelable, northern, Nueva, onset, Ontario, parte, Partial, pertinent, petition, preclude, predominantly, prohibiting, properly, prosecutor, provincial, Quest, recognizing, recommending, reject, remediated, rendered, repatriation, retroactively, retrospective, revoked, Richmond, Rosebank, satellite, SCAQMD, scientific, securing, seizure, seller, showing, sublease, Sul, supporting, suspend, tanker, Tobago, traditional, Trinidad, turbine, upheld, utility, Vertical, violated, visibility, weighted, Writ, wrongful, Zealand
Financial reports
10-K
2020 FY
Annual report
25 Feb 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
5 Aug 20
10-Q
2020 Q1
Quarterly report
6 May 20
10-K
2019 FY
Annual report
21 Feb 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
2 May 19
10-K
2018 FY
Annual report
22 Feb 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
Current reports
8-K
Departure of Directors or Certain Officers
1 Feb 21
8-K
Chevron Announces Fourth Quarter 2020 Results
29 Jan 21
8-K
Other Events
6 Jan 21
8-K
Marillyn Hewson Joins Chevron’s Board of Directors
3 Dec 20
8-K
Chevron Announces Third Quarter 2020 Results
30 Oct 20
8-K
Chevron completes acquisition of Noble Energy
5 Oct 20
8-K
Amendments to Articles of Incorporation or Bylaws
1 Oct 20
8-K
Other Events
24 Sep 20
8-K
Departure of Directors or Certain Officers
8 Sep 20
8-K
Other Events
12 Aug 20
Registration and prospectus
425
Business combination disclosure
5 Feb 21
424B3
Prospectus supplement
14 Dec 20
S-4/A
Registration of securities issued in business combination transactions (amended)
4 Dec 20
S-4
Registration of securities issued in business combination transactions
3 Dec 20
S-3ASR
Automatic shelf registration
5 Oct 20
S-8
Registration of securities for employees
5 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
5 Oct 20
425
Business combination disclosure
5 Oct 20
425
Business combination disclosure
24 Sep 20
424B3
Prospectus supplement
26 Aug 20
Proxies
PX14A6G
Letter to shareholders
8 May 20
PX14A6G
Letter to shareholders
7 May 20
PX14A6G
Letter to shareholders
16 Apr 20
DEFA14A
Additional proxy soliciting materials
16 Apr 20
DEFA14A
Additional proxy soliciting materials
7 Apr 20
DEFA14A
Additional proxy soliciting materials
7 Apr 20
DEFA14A
Additional proxy soliciting materials
7 Apr 20
DEF 14A
Definitive proxy
7 Apr 20
DEFA14A
Additional proxy soliciting materials
10 May 19
PX14A6G
Letter to shareholders
30 Apr 19
Other
EFFECT
Notice of effectiveness
14 Dec 20
UPLOAD
Letter from SEC
9 Dec 20
CORRESP
Correspondence with SEC
8 Dec 20
EFFECT
Notice of effectiveness
27 Aug 20
CORRESP
Correspondence with SEC
23 Aug 20
UPLOAD
Letter from SEC
17 Aug 20
UPLOAD
Letter from SEC
28 May 20
SD
Conflict minerals disclosure
27 May 20
CORRESP
Correspondence with SEC
26 May 20
UPLOAD
Letter from SEC
17 May 20
Ownership
4
CHEVRON / MARILLYN A HEWSON ownership change
22 Feb 21
SC 13G/A
CHEVRON / VANGUARD ownership change
10 Feb 21
5
CHEVRON / III Donald J Umpleby ownership change
9 Feb 21
5
CHEVRON / DEBRA L REED ownership change
9 Feb 21
5
CHEVRON / CHARLES W MOORMAN ownership change
9 Feb 21
SC 13G
CHEVRON / STATE STREET ownership change
8 Feb 21
SC 13D/A
Noble Midstream Partners / CHEVRON ownership change
5 Feb 21
4
CHEVRON / R. Hewitt Pate ownership change
2 Feb 21
4
CHEVRON / DAVID A INCHAUSTI ownership change
2 Feb 21
4
CHEVRON / Pierre R Breber ownership change
29 Jan 21
Patents
APP
Utility
System and Method for Seismic Imaging of Complex Subsurface Volumes
25 Feb 21
A method is described for seismic imaging including generating extended image gathers by extended reverse time migration of a seismic dataset using an earth model; processing the extended image gathers to generate processed image gathers; performing extended modeling based on the processed image gathers to generate a modeled seismic dataset; enhancing the processed image gathers to generate an enhanced image; performing extended modeling based on the enhanced image gathers to generate a modeled enhanced dataset; differencing the modeled enhanced dataset and the modeled seismic dataset to determine a data residual; inverting the data residual to generate a model residual; updating the earth model based on the model residual to create an updated earth model; performing seismic imaging of the seismic dataset using the updated earth model to create an improved seismic image.
GRANT
Utility
Acoustic illumination for flow-monitoring
23 Feb 21
Externally generated noise can be coupled into a fluid carrying structure such as a pipe, well, or borehole so as to artificially acoustically “illuminate” the pipe, well, or borehole, and allow fluid flow in the structure or structural integrity to be determined.
APP
Utility
Method for Improving Engine Performance with Renewable Lubricant Compositions
18 Feb 21
Provided herein are lubricant compositions comprising renewable base oils as embodied by hydrocarbon mixtures with controlled structure characteristics in combination with lubricant additives that address performance requirements and stricter environmental and fuel economy regulations.
APP
Utility
Correlation Matrix for Simultaneously Correlating Multiple Wells
18 Feb 21
Correlation matrices may be used to simultaneously correlate multiple wells.
APP
Utility
Potassium-merlinoite Zeolite, Its Synthesis and Use
11 Feb 21
The present disclosure is directed to a method for making a MER framework type zeolite, a MER framework type zeolite having a stick-like morphology, and processes for the selective separation of carbon dioxide (CO2) from multi-component feedstreams containing CO2 using the zeolite.
Transcripts
2020 Q4
Earnings call transcript
29 Jan 21
2020 Q3
Earnings call transcript
30 Oct 20
2020 Q2
Earnings call transcript
31 Jul 20
2020 Q1
Earnings call transcript
1 May 20
2019 Q4
Earnings call transcript
31 Jan 20
2019 Q3
Earnings call transcript
1 Nov 19
2019 Q2
Earnings call transcript
2 Aug 19
2019 Q1
Earnings call transcript
26 Apr 19
2018 Q4
Earnings call transcript
1 Feb 19
2018 Q3
Earnings call transcript
2 Nov 18
Reddit threads
What 3 stocks would you pick if you had to pick 3 and throw the password away for 10 years?
1 Mar 21
Rate my pie
1 Mar 21
Analysis of Berkshire Hathaway's Annual Letter
1 Mar 21
Mom made some dumb investment decisions and I would like to use some dividend stocks to help her.
28 Feb 21
THE LOUNGE: thoughts, noob stuff, low effort, brokers, zero DD, non pennies - February 28, 2021
27 Feb 21
Rotate or Speculate? I think consumer strength continues to grow.
27 Feb 21
Rotate or Speculate?.... House hold income up 10%
27 Feb 21
Understanding how the bond yields affects the markets
27 Feb 21
Oil Price Crash Anniversary - Energy Squeeze Play
26 Feb 21
Any suggestions on good dividends stocks ( strong & nice monthly or quarterly pay ) which never came back UP from 2020 crash ?? similar to $IVR
26 Feb 21