CVX Chevron Corp.
Chevron Corp. engages in the provision of administrative, financial management, and technology support for energy and chemical operations. It operates through the Upstream and Downstream segments. The Upstream segment consists of exploration, development, and production of crude oil and natural gas; liquefaction, transportation, and regasification associated with liquefied natural gas; transporting crude oil by major international oil export pipelines; processing, transporting, storage, and marketing of natural gas; and a gas-to-liquids plant. The Downstream segment comprises refining of crude oil into petroleum products; marketing of crude oil and refined products; transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. The company was founded in 1906 and is headquartered in San Ramon, CA.
Company profile
Ticker
CVX
Exchange
Website
CEO
Michael K. Wirth
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Chevrontexaco Corp
SEC CIK
Corporate docs
IRS number
940890210
CVX stock data
()
Calendar
6 May 20
5 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 31.5B | 36.35B | 36.12B | 38.85B | |
| Net income | 3.58B | -6.67B | 2.58B | 4.29B | |
| Diluted EPS | 1.93 | -3.48 | 1.36 | 2.27 | |
| Net profit margin | 11.37% | -18.34% | 7.14% | 11.04% | |
| Net change in cash | 2.78B | -4.79B | 3.18B | -186M | |
| Cash on hand | 9.69B | 6.91B | 11.7B | 8.51B | |
| Cost of revenue | 15.51B | 19.69B | 19.88B | 20.84B |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 146.52B | 166.34B | 141.72B | 114.47B | |
| Net income | 2.85B | 14.86B | 9.27B | -431M | |
| Diluted EPS | 1.54 | 7.74 | 4.85 | -0.27 | |
| Net profit margin | 1.94% | 8.93% | 6.54% | -0.38% | |
| Net change in cash | -2.43B | 4.53B | -2.18B | -4.03B | |
| Cash on hand | 6.91B | 9.34B | 4.81B | 6.99B | |
| Cost of revenue | 80.11B | 94.58B | 75.77B | 59.32B |
Financial data from Chevron earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 20 | Pierre R Breber | Phantom Stock Common Stock | Discretionary | Aquire I | No | 92.79 | 28 | 2.6K | 51,314 |
| 1 Jun 20 | Debra L Reed | Phantom Stock Common Stock | Discretionary | Aquire I | No | 92.79 | 202 | 18.74K | 984 |
| 27 May 20 | Gast Alice P | Common Stock | Grant | Aquire A | No | 0 | 2,411 | 0 | 19,078 |
| 27 May 20 | Hernandez Enrique JR | Common Stock | Grant | Aquire A | No | 0 | 2,411 | 0 | 18,788 |
| 27 May 20 | Moyo Dambisa F | Common Stock | Grant | Aquire A | No | 0 | 2,411 | 0 | 9,952 |
Institutional ownership Q1 2020
64.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 2260 |
| Opened positions | 115 |
| Closed positions | 388 |
| Increased positions | 922 |
| Reduced positions | 1070 |
13F shares |
Current |
|---|---|
| Total value | 784.14B |
| Total shares | 1.21B |
| Total puts | 13.01M |
| Total calls | 15.26M |
| Total put/call ratio | 0.9 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 165.85M | $12.02B |
| BLK BlackRock | 133.39M | $9.67B |
| STT State Street | 117.06M | $8.48B |
| Capital International Investors | 36.8M | $2.67B |
| JPM JPMorgan Chase & Co. | 28.2M | $2.04B |
| Geode Capital Management | 28.2M | $2.04B |
| NTRS Northern Trust | 26.99M | $1.96B |
| BAC Bank of America | 22.16M | $1.61B |
| Wellington Management | 21.75M | $1.58B |
| BK Bank Of New York Mellon | 21.21M | $1.54B |
Financial report summary
?Competition
Warrior Energy Services • GlyEco • Enerteck • Park Place Energy • Transmontaigne Partners • Alon USA Energy • Calumet Specialty Products Partners • Capital Product Partners • Crude Carriers • USA Synthetic FuelManagement Discussion
- Net income attributable to Chevron Corporation for first quarter 2020 was $3.60 billion ($1.93 per share — diluted), compared with $2.65 billion ($1.39 per share — diluted) in the first quarter of 2019.
- Upstream earnings in first quarter 2020 were $2.92 billion compared to $3.12 billion in the corresponding 2019 period. The decrease was mainly due to lower crude oil and natural gas prices, partially offset by favorable foreign currency effects, higher crude oil production and natural gas sales volumes, and favorable tax items.
- Downstream earnings in first quarter 2020 were $1.10 billion compared with $252 million in the corresponding 2019 period. The increase was mainly due to higher margins on refined product sales, partially offset by higher operating expenses.
Content analysis
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New words:
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Removed:
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Financial reports
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
10-Q
2018 Q2
Quarterly report
2 Aug 18
10-Q
2018 Q1
Quarterly report
3 May 18
10-K
2017 FY
Annual report
22 Feb 18
Current reports
8-K
Submission of Matters to a Vote of Security Holders
29 May 20
8-K
Other Events
12 May 20
8-K
Regulation FD Disclosure
1 May 20
8-K
Chevron Announces First Quarter 2020 Results
1 May 20
8-K
Chevron Announces Actions in Response to Market Conditions
24 Mar 20
8-K
Departure of Directors or Certain Officers
3 Feb 20
8-K
Chevron Announces Fourth Quarter 2019 Results
31 Jan 20
8-K
Departure of Directors or Certain Officers
3 Jan 20
8-K
Chevron Announces $20 Billion Capital and Exploratory Budget for 2020
10 Dec 19
8-K
Chevron Reports Third Quarter Net Income of $2.6 Billion
1 Nov 19
Registration and prospectus
424B2
Prospectus for primary offering
8 May 20
FWP
Free writing prospectus
8 May 20
424B3
Prospectus supplement
7 May 20
425
Business combination disclosure
9 May 19
425
Business combination disclosure
7 May 19
425
Business combination disclosure
29 Apr 19
425
Business combination disclosure
26 Apr 19
425
Business combination disclosure
25 Apr 19
425
Business combination disclosure
24 Apr 19
425
Business combination disclosure
18 Apr 19
Proxies
PX14A6G
Letter to shareholders
8 May 20
PX14A6G
Letter to shareholders
7 May 20
PX14A6G
Letter to shareholders
17 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
UPLOAD
Letter from SEC
29 May 20
SD
Conflict minerals disclosure
27 May 20
CORRESP
Correspondence with SEC
27 May 20
UPLOAD
Letter from SEC
18 May 20
SD
Conflict minerals disclosure
28 May 19
SD
Conflict minerals disclosure
24 May 18
UPLOAD
Letter from SEC
18 Oct 17
CORRESP
Correspondence with SEC
5 Oct 17
UPLOAD
Letter from SEC
13 Sep 17
SD
Conflict minerals disclosure
23 May 17
Ownership
4
CHEVRON / R. Hewitt Pate ownership change
2 Jun 20
4
CHEVRON / DEBRA L REED ownership change
2 Jun 20
4
CHEVRON / Pierre R Breber ownership change
2 Jun 20
4
CHEVRON / Wanda M Austin ownership change
29 May 20
4
CHEVRON / CHARLES W MOORMAN ownership change
29 May 20
4
CHEVRON / John Frank ownership change
29 May 20
4
CHEVRON / III Donald J Umpleby ownership change
29 May 20
4
CHEVRON / RONALD D SUGAR ownership change
29 May 20
4
CHEVRON / DEBRA L REED ownership change
29 May 20
4
CHEVRON / Dambisa F Moyo ownership change
29 May 20
Patents
GRANT
Utility
Fluid characterization using acoustics
30 Jun 20
A measurement system and a method for determining steam quality (i.e. vapor mass fraction) measurements of multiphase fluid flowing through pipes are described.
APP
Utility
Methods, Systems, and Storage Media for Predicting Physical Changes to a Wellhead In an Aquatic Volume of Interest
25 Jun 20
Methods, systems, and storage media for predicting physical changes to a wellhead coupled to a riser in an aquatic volume of interest are disclosed.
APP
Utility
Methods and Systems for Calibrating Depth In a Well to Seismic Data In a Subsurface Volume of Interest
25 Jun 20
Methods and systems for calibrating depth in a well to seismic data in a subsurface volume of interest are disclosed.
GRANT
Utility
Testable back pressure valves
23 Jun 20
A testable back pressure valve can include a body.
GRANT
Utility
Method of employing a subsurface antenna in two regions
23 Jun 20
A method of making a subsurface antenna which has an assymetric radiation pattern.