Chevron Net Worth, History, Assets, Income, Liabilities, Net Income, Total Employees, and many more details can be checked from this page. Chevron’s net worth is approximately $312 billion. Well you should know that there was a time when the market valuation of this company was around $500 billion. The recent volatility in oil prices and changes in management have made a big difference to this market valuation. Before knowing about this company, you have to understand about Standard Oil Company, it was the largest company in the world, not in America at the beginning of the twentieth century. It has become very powerful that’s why it was broken into many small companies and one of them is Chevron.
The birth of the Chevron company can be traced back to its parent company, Standard Oil, which started in 1879. The name Chevron has been in use since 1930. Although Standard Oil Company was not based in California, but after its breakup, the California business came in the part of this company, which we know today as Chevron. That’s why today its headquarters is in California. Also check Facebook Net Worth, Apple Net Worth, Amazon Net Worth, and Google Net Worth.
How big is this company can be gauged from the fact that this company sells about 300 million barrels of oil products per day. In the last almost 90 years, there has not been any such list of Fortune 500 that does not have Chevron’s name. It’s the best position was when it was the sixteenth largest Fortune 500 company. Also, check IBM Net Worth, AT&T Net Worth and Samsung Net Worth.
Chevron Net Worth
If you think that this company only makes petroleum energy, then you are wrong, under this company big projects of wind energy and solar energy are also going on. As far as the comparison with other petroleum companies is concerned, it is the sixth largest petroleum company in the world.
| Name | Chevron Corporation |
| Net Worth 2023 | $312 Billion |
| Net Worth in Indian Rupees | Rs. 27.10 Lakh Crore |
| Net income: | $30.168 Billion |
| Revenue | $222.806 Billion |
| Total Assets | $251.779 Billion |
| PE Ratio | 10.27 |
| Founders: | Charles N. Felton, Lloyd Tevis, George Loomis and others. |
| CEO | Michael Wirth (1 Feb 2018–) |
| Headquarters: | San Ramon, California, United States |
| Founded: | 10 September 1879, California, United States |
| Number of employees | 42,628 |
| Subsidiaries: | Texaco, Noble Energy, Chevron U.S.A. Inc., MORE |
| Website | chevron.com |
As we have already mentioned, the net worth of Chevron is around $248 billion. Most of its earnings come from the sale of petroleum products. As with other oil companies, there are many controversies associated with this company, in which the biggest controversy is the Gulf Oil Spill. Not only this, apart from this, there is an allegation on this company that it spends a large part of its earnings for lobbying in Washington DC so that it can make a profitable policy. The best valuation of this company was around $300 billion.
It is believed that after the departure of America from Afghanistan, Chevron has suffered because it was about to lay a big pipeline from here. Keep it up and stay tuned with us to stay connected with the life of a celebrity.
Chevron Revenue 2023
- Chevron revenue for the quarter ending June 30, 2023 was $48.896Billion.
- Chevron revenue for the twelve months ending June 30, 2023 was $222.806 Billion.
- Chevron annual revenue for 2022 was $246.252 Billion.
- Chevron annual revenue for 2021 was $162.465 Billion.
- Chevron annual revenue for 2020 was $94.692 Billion.
| Year | (Millions of US $) |
|---|---|
| 2023 | $222,806 |
| 2022 | $246,252 |
| 2021 | $162,465 |
| 2020 | $94,692 |
| 2019 | $146,516 |
| 2018 | $166,339 |
| 2017 | $141,722 |
| 2016 | $114,472 |
| 2015 | $138,477 |
| 2014 | $211,970 |
| 2013 | $228,848 |
Chevron Net Income 2023
- Chevron net income for the quarter ending June 30, 2023 was $6.010 Billion.
- Chevron net income for the twelve months ending June 30, 2023 was $30.168 Billion.
- Chevron annual net income for 2022 was $35.465 Billion.
- Chevron annual net income for 2021 was $15.625 Billion.
- Chevron annual net income for 2020 was $-5.543 Billion.
| Year | (Millions of US $) |
|---|---|
| 2023 | $30,168 |
| 2022 | $35,465 |
| 2021 | $15,625 |
| 2020 | $-5,543 |
| 2019 | $2,924 |
| 2018 | $14,824 |
| 2017 | $9,195 |
| 2016 | $-497 |
| 2015 | $4,587 |
| 2014 | $19,241 |
| 2013 | $21,423 |
Chevron Assets 2023
- Chevron total assets for the quarter ending June 30, 2023 were $251.779 Billion.
- Chevron total assets for 2022 were $257.709 Billion.
- Chevron total assets for 2021 were $239.535 Billion.
- Chevron total assets for 2020 were $239.79 Billion.
- Chevron total assets for 2019 were $237.428 Billion.
| Year | (Millions of US $) |
|---|---|
| 2023 | $251,779 |
| 2022 | $257,709 |
| 2021 | $239,948 |
| 2020 | $239,790 |
| 2019 | $237,428 |
| 2018 | $253,863 |
| 2017 | $253,806 |
| 2016 | $260,078 |
| 2015 | $264,540 |
| 2014 | $266,026 |
| 2013 | $253,753 |
Chevron Liabilities 2022
- Chevron total liabilities for the quarter ending June 30, 2023 were $92.481 Billion.
- Chevron total liabilities for 2022 were $97.467 Billion.
- Chevron total liabilities for 2021 were $99.595 Billion.
- Chevron total liabilities for 2020 were $107.064 Billion.
- Chevron total liabilities for 2019 were $92.22 Billion.
| Year | (Millions of US $) |
|---|---|
| 2023 | $92,481 |
| 2022 | $97,467 |
| 2021 | $99,595 |
| 2020 | $107,064 |
| 2019 | $92,220 |
| 2018 | $98,221 |
| 2017 | $104,487 |
| 2016 | $113,356 |
| 2015 | $110,654 |
| 2014 | $109,835 |
| 2013 | $103,326 |
Frequently Asked Questions
What is the net worth of Chevron?
Chevron’s total net worth is around $312 Billion
When Chevron is Founded?
Chevron is founded on 10 September 1879, California, United States.
Who are the founders of Chevron?
Chevron‘s founder’s name is Charles N. Felton, Lloyd Tevis, George Loomis.
How much is the annual income of Chevron?
Chevron revenue for the twelve months ending June 30, 2023 was $222.806 Billion.
What is the PE Ratio of Chevron?
Chevron PE ratio as of September 08, 2023 is 10.27.
Recommended