|Net Worth:||$190 Billion|
What is Chevron’s net worth? How does Chevron make its money? Below is the current net worth of Chevron and how Chevron makes its money.
What is Chevron’s Net Worth?
Chevron is an American oil-producing company with a market capitalization/net worth of $190 billion. As of this writing, Chevron Corporation has a total number of 62,000 employees around the globe, and its headquarters is based in San Ramon, California.
The Pacific Coast Oil Company was founded in the late 1800s after the discovery of oil just north of Los Angeles. Standard Oil later purchased Pacific Oil, the Saudi Arabian government granted SoCal permission to search for oil on Saudi Arabian territory in the 1930s.
SoCal and Gulf Oil consolidated to create the Chevron Corporation in 1980, after combining their Saudi Arabian activities to form Saudi Aramco. Since then, Chevron has combined its natural gas with NGC. NGC presently is now known as Dynegy. Chevron consolidated with Texaco to form the second largest oil-producing company on the globe.
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