Preview

Chevron

Good Essays
Open Document
Open Document
408 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Chevron
1. Chevron Corp. is an American multinational energy corporation that is headquartered in San Ramon, California. Chevron is active in more than 180 countries engaging in gas, oil, and geothermal energy industries. Chevron is one of the world’s six super major oil companies and is ranked the third largest company in the fortune 500 list by Fortune Magazine. Chevron’s market capitalization is 232.67 billion and had a net income of 26.18 billion in 2012. Also, some of Chevron’s best competitors are BP, Total SA, and Exxon Mobil Corporation.

2. The two big dips in stock price are from fluctuations of demand for oil during the summer. The S&P 500, Nasdaq, and the DOW all follow similar price swings in the three month chart as compared to Chevron’s, which, leads me to believe that it was not Chevron’s fault that their stock price fell but more of the economy’s. I also read an article on Yahoo about Chevron that briefly explained how oil production is not going as expected and Chevron is not reaping the amount of oil they hoped for. However, I could not find enough proof to connect Chevron’s oil production mishaps to the two bid dips in their 3 month stock chart. I do think it is a matter of consideration though.

3. Total SA, BP, and Chevron all have big swings in stock prices throughout this twelve month period. However, Chevron seems to be following a positive path over the last 10 months and may end up out performing its competitors very soon. Also, Total SA seems to be on a positive pattern over the last two months but does not seem to be quite as reliable as Chevron. This is because Chevron’s stock has been steadily increasing over the last 10 months as compared to Total SA’s shorter 2 months. Chevron’s gross margins have been steadily increasing, from about 30% a decade ago to over 40% today, which would imply that it has been able to successfully increase their shareholders’ value. This may explain why Chevron’s stock has been steadily increasing.

4.

You May Also Find These Documents Helpful

  • Good Essays

    Gulf Oil Corp

    • 1872 Words
    • 8 Pages

    o What can be done to prevent Socal from operating Gulf Oil as a going concern?…

    • 1872 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Background information. Exxon Mobil Corporation was incorporated in the State of New Jersey in 1882. Divisions and affiliated companies of ExxonMobil operate or market products in the United States and most other countries of the world. Their principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas, and petroleum products.…

    • 1407 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Chevron vs Echazabal

    • 2052 Words
    • 9 Pages

    5. United States Court of Appeals, Ninth Circuit. ECHAZABAL v. CHEVRON USA INC. http://caselaw.findlaw.com/us-9th-circuit/1014148.html , http://www.ca9.uscourts.gov/…

    • 2052 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Bp Oil

    • 679 Words
    • 3 Pages

    Three factors that influence BP oil companies operational and contingency planning include, unexpected oil spills. Sometimes the company may experience unexpected oil spill that will require them to change from the original plan. The second factor is natural calamities. Sometimes they cannot control things like floods, which can cause oil burst and affect the flow of the plan. The third factor is Man-Made calamity. These affect the plan of the company because they need to address it immediately.…

    • 679 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Conocophillips

    • 373 Words
    • 2 Pages

    ConocoPhillips was created on August 30, 2002 through the merger of Conoco, Inc. and Phillips Petroleum Company. It is currently headquartered in Houston, Texas and has become an extremely influential and competitive international energy corporation since its founding. In fact, ConocoPhillips is one of six “supermajor” vertically integrated oil companies along with ExxonMobil, Royal Dutch Shell, British Petroleum, Chevron Corporation, and Total S.A. As a group, these six “supermajors” control close to 5% of global oil and gas reserves in the world with the largest, ExxonMobil, ranked number 14. On the other hand, 95% of global oil and gas reserves are controlled by state-owned oil companies mostly located in the Middle East.…

    • 373 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Exxon versus Chevron

    • 1569 Words
    • 18 Pages

    Compare and contrast the limitations and usefulness of the single-step income statement and the multi-step income statement.…

    • 1569 Words
    • 18 Pages
    Satisfactory Essays
  • Powerful Essays

    GAAP vs. IFRS comparison

    • 1254 Words
    • 6 Pages

    This project will take a closer look into the financial statements of two different companies, Exxon Mobil that follows the GAAP method and British Petroleum (BP) under the IRFS accounting method. Exxon Mobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas, United States. It is a direct descendant from John D. Rockefeller 's Standard Oil Company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. British Petroleum, most often referred to as BP, is a British multinational oil and gas company in London, England, United Kingdom where the company has established their headquarters. It is the fifth-largest energy company by market capitalization, the fifth-largest company in the world measured by 2012 revenues, and the sixth-largest oil and gas company measured by 2012 production. It is one of the six oil and gas "super majors". BP is not only in the business for distributing oil; rather it is vertically integrated and operates in all areas of the oil and gas industry.…

    • 1254 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Exxon Mobile

    • 830 Words
    • 4 Pages

    Exxon Mobil Corporation (XOM) is one of the leading companies in the oil and gas industry. They are the manufacturer and marketer of commodity petrochemicals which also includes olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products. Their main business is “energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products” (Thomson One, 2013). The company has several divisions and is affiliated with several companies which include the names “ExxonMobil, Exxon, Esso or Mobil” (Thomson One, 2013). The divisions and the companies which are affiliated with Exxon Mobil operate and market their products in the United States and other parts of the world (Thomson One, 2013).…

    • 830 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    is an American multinational energy corporation with its headquarters located in the United States. It is the world's largest independent pure-play exploration & production company and is also one of the Fortune 500 companies.…

    • 4540 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    * CHEVRON is an American second oil company which has been founded in 1879 by an American group of explorers since then chevron has changed its name more than once but it took its name “chevron” in 1984 and it has worked with many other oil companies like Texaco and many more, the company now have 58,000employees and 4,000 service station employees.(chevron, 2011)…

    • 1797 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Warren Buffet

    • 736 Words
    • 3 Pages

    1 What is the possible meaning of the changes in stock price for Berkshire Hathaway and…

    • 736 Words
    • 3 Pages
    Better Essays
  • Powerful Essays

    Bp Amoco

    • 7949 Words
    • 32 Pages

    As two of the largest oil and gas firms in the world, The British Petroleum Company p.l.c. (BP) and Amoco Corporation (Amoco) had a long history of competitive encounters. This rivalry continued into the 1990s in a variety of locations ranging from the United States to the North Sea to, more recently, the Caspian Sea—a region that had opened up to exploration by Western oil companies following the breakup of the Soviet Union in 1991. In describing this rivalry, one analyst wrote:…

    • 7949 Words
    • 32 Pages
    Powerful Essays
  • Satisfactory Essays

    Chevron Case Study

    • 591 Words
    • 3 Pages

    Environmental risk management is a key concern at Chevron Corporation. Like other major oil companies, Chevron faces risk in its daily operations, including of damage to the natural environment, human health, corporate profitability, or all three. At the same time, Chevron must be practical regarding the amount of money spent on measures to manage these risks.…

    • 591 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Organsiational Stratgies

    • 2872 Words
    • 12 Pages

    ExxonMobil’s primary business is the exploration and production of oil and natural gas, the refining and manufacturing of petroleum products, and the sale of crude oil, petroleum products and natural gas. ExxonMobil also transports oil and has interests in electric power generation facilities. ExxonMobil is the world’s largest publicly traded international oil and gas company, and the world’s largest refiner and marketer of petroleum products by revenue, at $ 370.125 billion for the financial year of 2010 (Appendix I) and also the largest corporation by market capitalization, at $359.55 billion on Oct 1st, 2011 (Yahoo Finance 2011). It operates in more than 200 countries across the globe with several brand names including ExxonMobil, Exxon, Esso and Mobil. The company is headquartered at Irving in Texas, US.…

    • 2872 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    The report titled “Global Lubricants and Base Oil Market: Trends & Opportunities (2014 Edition)” analyzes the global lubricants and base oil market, with exhaustive discussion on demand of lubricants in different region across the globe in volume terms. The key market challenges recognized by the analysts and the major trends of lubricants and base oil market are presented in the report. Further, key manufacturers of lubricants like Exxon, Shell, Chevron and HPCL are profiled in the report.…

    • 472 Words
    • 3 Pages
    Satisfactory Essays