CVX

Chevron Corporation is one of the world's largest integrated energy companies, engaged in exploration, production, refining, marketing, and transportation of crude oil and natural gas globally. The company operates across all segments of the oil and gas value chain including upstream exploration and production, midstream transportation and processing, downstream refining and marketing, and chemicals. Chevron operates oil and gas assets globally with significant positions in the Permian Basin, Gulf of Mexico, Kazakhstan, Australia, and other regions. The company owns refineries, pipelines, chemical plants, and thousands of retail service stations under the Chevron and Texaco brands. Founded in 1879 and headquartered in San Ramon, California, Chevron has built one of the strongest balance sheets and most disciplined capital allocation approaches in the energy sector. The company benefits from integrated operations, high-quality low-cost assets, operational excellence, and strong financial position. Chevron faces commodity price volatility, operational risks, geopolitical exposures, and energy transition pressures. The company maintains disciplined capital spending, focuses on shareholder returns through dividends and buybacks, and invests selectively in lower-carbon businesses. Chevron continues to generate strong cash flows, maintain financial strength, and pursue strategic growth.