Chevron’s net worth, history, assets, earnings, liabilities, net income, total employees and many other details can be checked from this page. Chevron’s net worth is around $312 billion. Well, you should know that at one point the market valuation of this company was around $500 billion. The recent fluctuations in oil prices and changes in management have made a big difference in this market valuation. Before learning about this company, you must understand about Standard Oil Company, it was the largest company in the world, not in the US, in the early 20th century. It became so powerful that it was divided into many small companies and one of them was Chevron.
The origins of Chevron can be traced back to its parent company, Standard Oil, which was founded in 1879. The Chevron name has been in use since 1930. Although Standard Oil Company was not based in California, after the company was dissolved, its California operations were transferred to the part of the company that we know today as Chevron. That is why the company is headquartered in California today. Also, check out Facebook Net Worth, Apple Net Worth, Amazon Net Worth, and Google Net Worth.
You are watching: Chevron Net Worth 2024: Assets, Revenue, and PE Ratio
The size of this company can be gauged by the fact that it sells about 300 million barrels of petroleum products every day. For nearly 90 years, there has not been a Fortune 500 list that did not include Chevron. The company’s best position was when it was the sixteenth largest company in the Fortune 500. Also, check out IBM Net Worth, AT and T Net Worth, and Samsung Net Worth.
Chevron Net Worth
If you think this company only produces oil energy, you are wrong, this company also has large projects in wind energy and solar energy. Compared to other oil companies, this is the sixth largest oil company in the world.
| Name | Chevron Corporation |
| Net worth 2024 | 312 billion dollars |
| Net worth in Indian Rupees | 27.10 trillion rupees |
| Net income: | $30.168 billion |
| Revenue | $222.806 billion |
| Total assets | $251.779 billion |
| PE ratio | 10.27 |
| Founder: | Charles N. Felton, Lloyd Tevis, George Loomis and others. |
| Chief Executive Officer | Michael Wirth (February 1, 2018–) |
| Head office: | San Ramon, California, United States |
| Established: | September 10, 1879, California, USA |
| Number of employees | 42,628 |
| Subsidiaries: | Texaco, Noble Energy, Chevron USA Inc., MORE |
| Website | chevron.com |
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As we mentioned, Chevron’s net worth is around $248 billion. Most of the company’s revenue comes from the sale of petroleum products. Like other oil companies, there have been many controversies surrounding the company, the biggest of which is the Gulf oil spill. Not only that, but there is also an allegation that the company spends a large portion of its revenue on lobbying in Washington DC to get a profitable policy. The best valuation of the company is around $300 billion.
It is believed that after the US left Afghanistan, Chevron suffered losses because it was about to lay a major pipeline from there. Stay tuned and follow us to stay updated on the life of a famous person.
Chevron Net Worth
Chevron’s Revenue in 2023
- Chevron’s revenue for the quarter ending June 30, 2023 was $48.896 billion.
- Chevron’s revenue for the twelve months ended June 30, 2023 was $222.806 billion.
- Chevron’s annual revenue in 2022 is $246.252 billion.
- Chevron’s annual revenue in 2021 was $162.465 billion.
- Chevron’s annual revenue in 2020 was $94.692 billion.
| Year | (Million USD) |
|---|---|
| 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’s Net Income in 2023
- Chevron’s net income for the quarter ending June 30, 2023 is $6.010 billion.
- Chevron’s net income for the twelve months ended June 30, 2023 was $30.168 billion.
- Chevron’s annual net income in 2022 is $35.465 billion.
- Chevron’s annual net income in 2021 was $15.625 billion.
- Chevron’s annual net income in 2020 was -$5.543 billion.
| Year | (Million USD) |
|---|---|
| 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 Net Worth
Chevron Assets 2023
- Chevron’s total assets for the quarter ending June 30, 2023 were $251.779 billion.
- Chevron’s total assets in 2022 are $257.709 billion.
- Chevron’s total assets in 2021 were $239.535 billion.
- Chevron’s total assets in 2020 were $239.79 billion.
- Chevron’s total assets in 2019 were $237.428 billion.
| Year | (Million USD) |
|---|---|
| 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’s 2022 liabilities
- Chevron’s total liabilities for the quarter ending June 30, 2023 are $92.481 billion.
- Chevron’s total liabilities in 2022 are $97.467 billion.
- Chevron’s total liabilities in 2021 are $99.595 billion.
- Chevron’s total liabilities in 2020 were $107.064 billion.
- Chevron’s total liabilities in 2019 were $92.22 billion.
| Year | (Million USD) |
|---|---|
| 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 Chevron’s net worth?
Chevron’s total net worth is approximately $312 billion.
When was Chevron founded?
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Chevron was founded on September 10, 1879 in California, USA.
Who are the founders of Chevron?
The founders of Chevron are Charles N. Felton, Lloyd Tevis, George Loomis.
What is Chevron’s annual revenue?
Chevron’s revenue for the twelve months ended June 30, 2023 was $222.806 billion.
What is Chevron’s PE ratio?
Chevron’s PE ratio as of September 8, 2023 is 10.27.
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Category: Net Worth