Chevron

Houston-headquartered integrated oil and gas company

Overview

Chevron produces crude oil and natural gas and manufactures transportation fuels, lubricants, petrochemicals and additives, reporting Upstream and Downstream segments.[2] Fortune records 2025 revenue of US$189.0bn, down 6.8% on 2024, and profit of US$12,299m, and lists its headquarters as Houston.[1]

Chevron strengths and limitations

Strengths

  • Profit of US$12,299m
  • Second-largest US oil company by revenue

Limitations

  • Revenue fell 6.8% in 2025
  • Revenue only slightly below BP's despite much higher profit

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