Chevron Case Study

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Case Study: Chevron Corporation (CVX) History The multinational Chevron Corporation dates back to its early beginnings in 1870 as Pacific Coast Oil Company. Following subsequent mergers, they eventually emerged as Standard Oil Company in 1911 after a forced divestiture into 34 independent companies by the U.S. Supreme Court under the Sherman Antitrust Act. It would later become Standard Oil Company of California (SoCal) after acquiring Pacific Oil Company in 1926. 10 years later, the SoCal joined forces with The Texas Company (a predecessor to Texaco) and formed Caltex Group of Companies, in order to manage interests of both entities in Middle East and Indonesia with an outlet through Texas Company's establish European…show more content…
The company also increased their shale gas reserves and acquired Atlas Energy Inc. in Feb 2011 for $4.47 billion, including assumed debt. Divisions & Products UPSTREAM: Exploration and production of crude oil. Australia Cambodia Canada China Indonesia Kazakhstan/Russia Liberia Poland Republic of Congo Romania Russia Turkey United States Venezuela MIDSTREAM: Production, liquefaction, regasification, pipeline and marine transport, trading, power generation and marketing of natural gas. Western Africa Bangladesh Canada China Indonesia Kazakhstan The Philippines South America Thailand United Kingdom United States Vietnam DOWNSTREAM AND CHEMICALS: manufacturing and marketing, supply, trading and transportation petrochemical refining, motor fuels and lubricants under the brands Chevron, Texaco and Caltex. Africa Caribbean Europe Southeast Asia South Korea Unite States US Gulf Coast * TECHNOLOGY: * * * Energy technology Technology ventures Information technology Australia Scotland United Sates (California and Texas) RENEWABLE ENERGY: Largest producer of geothermal energy in the world Under subsidiary Chevron Energy Solutions Indonesia Philippines OTHER: Cash management Real estate Debt financing External Environment Analysis Though the energy and oil industry
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