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 $248 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 WorthAmazon 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.

NameChevron Corporation
Net Worth 2022$248 Billion
Net Worth in Indian RupeesRs. 18.50 Lakh Crore
Net income 2021: $9,905 Million
Revenue10.50 lakh crores INR ($139.58 Billion FY 2021)
Total AssetsUS$920 billion (FY 21)
PE Ratio21.28
Founders:
CEOMichael Wirth (1 Feb 2018–)
Headquarters:San Ramon, California, United States
Founded:10 September 1879, California, United States
Number of employees42,628
Subsidiaries:Texaco, Noble Energy, Chevron U.S.A. Inc., MORE
Websitechevron.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 Net Worth
Chevron Net Worth

Chevron Revenue 2021

  • Chevron revenue for the twelve months ending September 30, 2021 was $139.582B, a 31.94% increase year-over-year.
  • Chevron annual revenue for 2020 was $94.692B, a 35.37% decline from 2019.
  • Chevron annual revenue for 2019 was $146.516B, a 11.92% decline from 2018.
  • Chevron annual revenue for 2018 was $166.339B, a 17.37% increase from 2017.
Year(Millions of US $)
2021$139,58
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 2021

  • Chevron net income for the twelve months ending September 30, 2021 was $9.905B, a 186.22% decline year-over-year.
  • Chevron annual net income for 2020 was $-5.543B, a 289.57% decline from 2019.
  • Chevron annual net income for 2019 was $2.924B, a 80.28% decline from 2018.
  • Chevron annual net income for 2018 was $14.824B, a 61.22% increase from 2017.
Year(Millions of US $)
2021$9,905
2020$-5,543
2019$2,924
2018$14,824
2017$9,195
2016$-497
2015$4,587
2014$19,241
2013$21,423
Chevron Net Worth
Chevron Net Worth

Chevron Assets 2021

  • Chevron total assets for the quarter ending September 30, 2021 were $239.948B, a 7.57% increase year-over-year.
  • Chevron total assets for 2020 were $239.79B, a 0.99% increase from 2019.
  • Chevron total assets for 2019 were $237.428B, a 6.47% decline from 2018.
  • Chevron total assets for 2018 were $253.863B, a 0.02% increase from 2017.
Year(Millions of US $)
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 2021

  • Chevron total liabilities for the quarter ending September 30, 2021 were $103.226B, a 13.4% increase year-over-year.
  • Chevron total liabilities for 2020 were $107.064B, a 16.1% increase from 2019.
  • Chevron total liabilities for 2019 were $92.22B, a 6.11% decline from 2018.
  • Chevron total liabilities for 2018 were $98.221B, a 6% decline from 2017.
Year(Millions of US $)
2021$103,226
2020$107,064
2019$92,220
2018$98,221
2017$104,487
2016$113,356
2015$110,654
2014$109,835
2013$103,326

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