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Chevron Corporation

Company Summary

Description

Chevron Corp. is an integrated energy company headquartered in San Ramon, California. It is a fully integrated petroleum operations, chemicals operations, mining operations, power generation and energy services. The company operates its business through two segments: Upstream and Downstream.

Website

https://www.chevron.com/about

Operational Regions

  • Africa
  • Gulf of Mexico
  • Permian Basin
  • San Joaquin basin
  • Appalachia
  • Northeast Appalachia
  • Southwest Appalachia
  • Duvernay Formation
  • Kern River
  • Marcellus Shale
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East

Financial Data:

NYSE:CVX from Google Finance

Tickers:

  • CVX - New York Stock Exchange

Related Entities

Recent news

  • 9/10/2020 - Pin Oak Midstream Closes... (subscriber access)
  • 9/4/2020 - Chevron To Extend Gorgon... (subscriber access)
  • 9/1/2020 - Chevron Remains... (subscriber access)
  • 8/21/2020 - Chevron Permitted to... (subscriber access)
  • 8/20/2020 - Chevron Reportedly Asks... (subscriber access)

Investor Presentations

  • 2Q20 Investor Presentation
  • 2020 Chevron 1Q Earnings Presentation (subscriber access)
  • 4Q19 Investor Presentation (subscriber access)
  • 2Q19 Investor Presentation (subscriber access)
  • August 2019 Presentation (subscriber access)
  • May 2019 Presentation (subscriber access)
  • 1Q19 Investor Presentation (subscriber access)
  • Anadarko Acquisition Announcement (subscriber access)
  • February 2019 Investor Presentation (subscriber access)
  • 4Q18 Investor Presentation (subscriber access)
  • 3Q18 Investor Presentation (subscriber access)
  • 2Q18 Investor Presentation (subscriber access)
  • May 2018 Investor Presentation (subscriber access)
  • 1Q18 Investor Presentation (subscriber access)
  • 2018 Upstream Project Portfolio (subscriber access)
  • 2018 LNG & Midstream Overview (subscriber access)
  • 2018 Downstream & Chemicals Overview (subscriber access)
  • 2018 Upstream Overview (subscriber access)
  • 2018 Corporate Overview (subscriber access)
  • Fourth Quarter 2017 Investor Slides (subscriber access)
  • 2017 3Q Earnings Conference Call Presentation (subscriber access)
  • September 2017 Chevron Investor Presentation (subscriber access)
  • 2Q17 Investor Presentation (subscriber access)
  • 1Q17 Earnings Presentation (subscriber access)
  • March 2017 Securities Analyst Day - Projects (subscriber access)
  • March 2017 Securities Analyst Day - Downstream (subscriber access)
  • March 2017 Securities Analyst Day - Upstream (subscriber access)
  • 4Q16 Earnings Presentation (subscriber access)
  • Investor Presentation - November 2016 (subscriber access)
  • September 2016 Investor Presentation (subscriber access)
  • 2Q16 Investor Presentation (subscriber access)
  • 1Q16 Earnings Release (subscriber access)
  • 1Q16 Earnings Supplement (subscriber access)
  • 1Q16 Earnings Release (subscriber access)

Company Transactions

Date: 12/31/2020
Type: Acquisition

DETAILS:

COST: 5 $B

NOTES:
Chevron has entered into an all-stock deal to acquire Noble Energy for $5 billion, equating to a $10.38/share valuation. The total enterprise value of the deal is $13 billion, including debt. Chevron will issue 58 million shares of stock to Noble in the deal (3% of the company), with closing targeted for the fourth quarter of 2020.
REGIONS:
  • Permian Basin
  • DJ Basin
  • Eagle Ford
  • Mediterranean
  • Africa
  • Date: 6/30/2020
    Type: Acquisition

    NOTES:
    Chevron has signed a deal to acquire Puma Energy (Australia) Holdings for US$292 million via a Share Sale Agreement with Puma Energy Asia Pacific.
    REGIONS:
  • Australia
  • Date: 4/16/2020
    Type: Acquisition

    DETAILS:

    COST: 1.57 $B

    NOTES:
    Chevron reported that Hungary's MOL is buying its stake in the BP-operated Azeri-Chirag-Gunashli oilfield in Azerbaijan for $1.57 billion.

    Date: 3/31/2020
    Type: Acquisition

    BUYERS:
  • Udenna Corp.
  • DETAILS:
    NOTES:
    Chevron has reportedly entered into a deal to sell their 45% stake in the Malampaya deep water gas-to-power project to Udenna Corporation.
    REGIONS:
  • Asia
  • Date: 11/11/2019
    Type: Acquisition

    DETAILS:

    COST: 2 $B

    NOTES:
    Ithaca Energy reported its has completed a deal to acquire most of Chevron's British North Sea oil and gas fields for $2 billion.
    REGIONS:
  • North Sea
  • Date: 3/30/2019
    Type: Acquisition

    NOTES:
    Chevron signed a share purchase agreement with Petrobras to acquire all the outstanding shares and equity interests of Pasadena Refining System, Inc., which includes the refinery in Pasadena, Texas and PRSI Trading, LLC for $350 million.
    REGIONS:
  • Houston Ship Channel
  • Date: 1/30/2019
    Type: Acquisition

    BUYERS:
  • PetroRio
  • DETAILS:
    NOTES:
    Chevron's 50% operated interest in the deepwater CE-M715 Block in the Ceara Basin offshore Brazil.
    REGIONS:
  • South America
  • Date: 1/30/2019
    Type: Acquisition

    BUYERS:
  • PetroRio
  • DETAILS:
    NOTES:
    Chevron has sold its 51.74% stake in the Frade Field offshore Brazil to PetroRio.
    REGIONS:
  • South America
  • Date: 12/31/2018
    Type: Acquisition

    BUYERS:
  • Equinor ASA
  • DETAILS:
    NOTES:
    Equinor will purchase Chevron's 40% operating interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf.
    REGIONS:
  • North Sea
  • Date: 4/10/2018
    Type: Acquisition

    DETAILS:

    COST: 460 $MM

    VOLUMES: 13.3 MBOE/d

    NOTES:
    California Resources Corp. reported that they have entered into a deal to consolidate their interest in the Elk Hills Field by acquiring working, surface and mineral interests on the 47,000-acre position from Chevron. California Resources is paying $460 million in cash and issuing 2.95 million common shares to Chevon in exchange for the acreage.
    REGIONS:
  • Onshore California
  • Date: 11/1/2017
    Type: Acquisition

    NOTES:
    Phillips 66 acquired the TENDS Pipeline System, VP Pipeline/EP Pipeline and the Sorrento Cavern from Chevron.
    REGIONS:
  • Gulf Coast
  • Date: 9/12/2017
    Type: Acquisition

    BUYERS:
  • Sabinal Energy
  • DETAILS:

    VOLUMES: 7.5 MBOE/d

    ACRES: 66500 Acres

    REGIONS:
  • Central Basin Platform
  • Date: 6/30/2017
    Type: Acquisition

    DETAILS:
    NOTES:
    Shell announced an agreement to acquire Chevron's interests in Trinidad and Tobago, including its interests in the East Coast Marine Area Blocks 6b, 5a and E.
    REGIONS:
  • Latin America
  • Date: 6/30/2017
    Type: Acquisition

    NOTES:
    The sale includes operations in Block 12 (Bibiyana Field) and Blocks 13 and 14 (Jalalabad and Moulavi Bazar fields).
    REGIONS:
  • Asia
  • Date: 3/31/2017
    Type: Acquisition

    NOTES:
    Chevron Corp. announced the sale of geothermal assets in Indonesia and the Philippines to the Star Energy Consortium.Tiwi
    REGIONS:
  • Asia