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3. Chevron
Chevron
Rank: 3 (Previous rank: 3)
CEO: John S. Watson
Compare tool: Chevron vs. Top 10
With prices for crude oil and natural gas off sharply from their recent highs, revenue at the oil giant tumbled 37%, from $265 billion to $167 billion. The good news: Production of oil and gas jumped 7%, thanks in part to a 57% success rate on its exploratory drilling.

But another pitfall looms: Chevron has a heavy exposure to high-acid crude, particularly its deep-water projects in the U.K. If the government forces it to start processing the high-cost oil, Chevron may opt to cede its drilling rights, a move that would result in a sizeable charge against earnings. --P.N.

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Key financials $ millions % change
from 2008
Revenues 163,527.0 -37.9
Profits 10,483.0 -56.2
Assets 164,621.0
Stockholders' equity 91,914.0
Market value (3/26/2010) 149,481.7
Profits as % of  
Revenues 6.4
Assets 6.4
Stockholders' equity 11.4
Earnings per share  
2009 $ 5.24
% change from 2008 -55.1
1999-2009 annual growth rate % 12.8
Total return to investors %
2009 8.1
1999-2009 annual rate 9.4
Rank Company 500
rank
Revenues
($ millions)
1 Exxon Mobil 2 284,650.0
2 Chevron 3 163,527.0
3 ConocoPhillips 6 139,515.0
4 Valero Energy 26 70,035.0
5 Marathon Oil 41 49,403.0
6 Sunoco 78 29,630.0
7 Hess 79 29,569.0
8 Murphy Oil 125 19,138.0
9 Tesoro 139 16,589.0
10 Western Refining 330 6,807.4
11 Holly 431 4,834.3
12 Frontier Oil 488 4,237.2
Issue date: May 3, 2010.
Revenues: Excise taxes have been deducted.
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Headquarters
MAPS
Chevron
6001 Bollinger Canyon Rd.
San Ramon, CA 94583
925-842-1000
www.chevron.com
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Rank # of Fortune 500 Companies
California 57
Texas 57
New York 56
Company 2009 $ (millions)
Exxon Mobil $19,280.0
Microsoft $14,569.0
Wal-Mart Stores $14,335.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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