3 of 500
Chevron
Chevron
3
Financials: Latest Results
Rank: 3
Previous rank: 3
CEO: John S. Watson

The nation’s second-largest oil company saw another strong year on better performance from its refining business. Chevron’s 2012 earnings of $26.2 billion are the second highest result in company history, behind $26.9 billion in 2011.

But while the San Ramon, Calif.-based company earned more from processing crude into fuels such as gasoline and diesel, it also has plans to spend 12% more in energy exploration and investment in the year ahead. A bulk of that investment is expected to go toward upstream crude oil and natural gas exploration production projects, such as one of the world’s largest natural gas projects in Western Australia.

It also plans to restart business in Brazil, where earlier this year authorities allowed the company to resume production on wells off the coast of Rio de Janeiro. Chevron had been banned, after more than 100,000 gallons of crude seeped into the Atlantic Ocean.

While criminal charges against Chevron have been dropped, the company still faces civil lawsuits seeking damages.

Headquarters:
6001 Bollinger Canyon Rd.
San Ramon, CA. 94583
925-842-1000
Website: www.chevron.com
Network with Chevron
Key financials
$ millions
% change from 2011
Revenues
233,899
-4.8
Profits
26,179
-2.7
Assets
232,982
Stockholder's equity
136,524
Market cap (on 3/29/2013)
230,831.4
Profits as % of
Revenues
11.2
Assets
11.2
Stockholders' equity
19.2
Earnings per share
2012$
13.32
% change from 2011
-0.9
2002-2012 annual growth rate %
37.9
Total return to investors
%
2012
5
2002-2012 annual rate
16.3
From the May 20, 2013 issue

Notes:
Excise taxes have been deducted.
What do you think of Chevron?
Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.