Friday, August 17th 2018

CVX - Chevron

Chevron Corporation (NYSE:CVX) is an international energy company with operations in over 180 countries, while being based in San Ramon, California, in the United States.

Included in its many businesses is oil and gas exploration and production; transporting and marketing its products; and manufacturing and marketing of chemicals and chemical products.

As part of its transportation business Chevron moves products by rail car, pipeline, across waterways and by other motorized vehicles.

Among other major interests the company has are in mining for minerals and precious metals, mining for coal and power generation.

Recent moves by the company inlude the acquisition of Texaco in 2001, which they rebranded as ChevronTexaco, although the dropped the Texaco from their name several years later.

In the summer of 2005 Chevron also bought Unocal Corporation, with their eye on the growing geothermal business in Southeast Asia. With that acquisition they became the largest producer of geothermal energy in the world.

Most recently Chevron sold its 5 percent stake in Reliance Petroleum Limited in April 2009.

Chevron is among the top five or six energy companies in the world year after year.

Known as a number of names throughout its existence, Chevron was originally called the Pacific Coast Oil Company in 1879.

Chevron was first listed on a stock exchange on June 24, 1921.
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