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10. Chevron
Chevron
Financials: Latest Results
Rank: 10 (Previous rank: 11)
CEO: John S. Watson
Employees: 62,196
Address: 6001 Bollinger Canyon Rd.
San Ramon, California  94583
Country: U.S.
Website: www.chevron.com

This year, Chevron took steps to get a little less refined.

The company sold its Pembroke refinery in Ireland and other downstream assets in Africa and the Caribbean, and it is trying to focus more on production. Its efforts have made the company cash-heavy, with a net cash position of $5.3 billion at the end of the first quarter of 2011.

The company sees a bright future in gas and oil. In February, it bought Atlas Energy mainly to exploit the company's access to gas from the Marcellus Shale in the Northeast U.S. The company also feels confident about the prospect of increased drilling activity in the Gulf. Two of Chevron's three deepwater vessels are active in the Gulf again. --S.D.


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  $ millions % change from 2009
Revenues 196,337.0 20.1
Profits 19,024.0 81.5
Assets 184,769.0 --
Stockholders' equity 105,081.0 --
Profits as % of  
Revenues 10
Assets 10.3
From the July 25, 2011 issue
Excise taxes have been deducted.
Editor's note: Chrysler Group was erroneously omitted from the Global 500 listing. With revenue of $41.9 billion, Chrysler ranks No.205 among all the companies in the world and 61st in the U.S. As a result, Bristol-Myers Squibb, which had ranked No.500, falls off the list. Updates may be found for the full list, rankings by country, and the list of arrivals. Fortune regrets the error.
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Rank # of Global 500 Companies
U.S. 133
Japan 68
China 61
Company 2010 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,674,541
State Grid 1,564,000
Company 2010 Profits
($ millions)
Nestlé $32,843
Gazprom $31,895
Exxon Mobil $30,460
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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