Chevron Oil Company

History

            Incorporated in Delaware, Jan. 27, 1926. Standard Oil Company (California) was formed in 1906 when the assets of Pacific Coast Oil were blended with the West Coast procedures of the initial Standard Oil Company. As a outcome of the United States Supreme Court conclusion that smashed up John D. Rockefeller's Standard Oil into 34 unaligned businesses, Standard Oil Company (California) became an autonomous entity in 1911. Co. as it is renowned today was conceived in 1926 through the amalgamation of Pacific Oil Company and Standard Oil Company (California). In 1984, Co. altered its title from Standard Oil of California to Co. in alignment to more nearly bind Co. to its Co. labelled hallmark, the title under which numerous of Co.'s goods are marketed. Name altered to Chevron Corp. Name altered to ChevronTexaco Corp. on Oct. 10, 2001. Present title taken up on May 10, 2005.

 

Facts

            Chevron is committed in petroleum and chemicals procedures, excavation procedures, power lifetime and power services. Co.'s procedures comprise of discovering for, evolving and making crude oil and natural gas; perfecting crude oil into completed petroleum products; trading crude oil, natural gas and the goods drawn from from petroleum; and conveying crude oil, natural gas and petroleum products. Co. furthermore manufactures and markets product petrochemicals, plastics for developed values, and fuel and lubricant oil additives. At Dec 31 2009, Co. had snare verified reserves of 6,973 million barrels of crude oil, condensate and natural gas fluids, and 26,049 billion cubic feet of natural gas.

Business

            Chevron manages its investments in subsidiaries and affiliates, and presents administrative, economic and management support to U.S. and foreign subsidiaries that enlist in petroleum procedures, chemicals procedures, excavation procedures, power lifetime and power services. Petroleum procedures comprise of discovering for, evolving and making crude oil and natural gas and furthermore trading natural gas. Refining, trading and transport (downstream) procedures concern to perfecting crude oil and altering natural gas into completed petroleum products; trading crude oil and the numerous goods drawn from from petroleum; and conveying crude oil, natural gas and petroleum goods by pipeline, marine vessel, engine gear and rail car. Co.'s chemicals procedures encompass the construct and trading of product petrochemicals, plastics for developed values, and fuel and lubricant oil additives. In the U.S., Co. markets under the Chevron and Texaco brands. In British Columbia, Canada, Co. markets under the Chevron brand. Co. markets in the U.K., Ireland, Latin America and the Caribbean utilising the Texaco brand. In the Asia-Pacific district, south Africa, Egypt and Pakistan, Co. values the Caltex brand. Co. furthermore functions through affiliates under diverse emblem names. In South Korea, Co. functions through its 50%-owned affiliate, GS Caltex, and in Australia through its 50 percent-owned affiliate, Caltex Australia Limited. Co. furthermore markets aviation fuel at more than 875 airports. Co. furthermore markets a  line of lubricant and coolant goods under emblem titles that encompass Havoline, Delo, Ursa, Meropa and Taro.

 

Key Financials

(In USD as of 09/30/2010)

Income Statement

Revenue

199,577m

Net Income

16,799m

EPS from Continuing Operations

8.37

EPS - Net Income - ...