Summary of Chevron Corporation 2
Trend Analysis of Income Statement 2 Trend Analysis of the Balance Sheet…………………………………………………………………………………………………….4
Discussion of Ratios and comparison 6
Appendix 8
Calculation of Ratios…………………………………………………………………………………………………………… 9
Annual Income Statement of Chevron Corporation of last five years 13
Annual Balance Sheet of Chevron Corporation of last five years ...16
Financial Analysis Project
Chevron Corporation (NYS: CVX)
Business Summary
Chevron is engaged in petroleum operations, chemicals operations, mining activities, power generation and energy services. Co.'s upstream operations include exploring, developing and producing crude oil and natural gas, and processing, liquefaction, transportation and regasification associated with liquefied natural gas. Co.'s downstream operations include refining crude oil into petroleum products, and manufactures and markets commodity petrochemicals, plastics for industrial uses and fuel and lubricant additives. At Dec 31 2012, Co. had net proved reserves of 6.48 billion barrels of crude oil, condensate, natural gas liquids and synthetic oil, and 29.20 trillion cubic feet of natural gas. Chevron is engaged in petroleum operations, chemicals operations, mining activities, power generation and energy services. Chevron Energy Solutions (CES) - CES is a wholly owned subsidiary that develops and builds sustainable energy projects.
Trend Analysis of Income statement over a five year period
Chevron Corporation (NYS: CVX)
Here the Base year is 2008
So trend percentage is calculated as = current year/ base year
Low figures for Sales and COGS for 2012 indicates that Chevron net income is less which is evident in the Income statement ($26,336 for 2012 versus $ 27,008 for 2011). That may be great for paying less tax, but it means the Chevron doesn't make as much money, so sales costs should be kept down, to increase profits.
Chevron’s gross margin for 2012 decreased, thus Chevron may be using more expensive, materials to make the goods. Lower prices attract new customers, which may eventually raise profit margins.
The declining Operating income of Chevron for 2012 shows that there will be less money for owners, expansion, debt reduction, or anything else management hopes to achieve. This is one of the reasons that it is so closely watched by lenders and shareholders.
Trend Analysis of the Balance Sheet over a Five Year period
Base Year is 2008
and with the Iran nuclear deal settled, the increases supply of oil by Iran will continue to keep oil prices low in the future hurting most oil company’s profits. Company Overview Chevron is one of the world's leading integrated energy companies. It is involved in virtually every facet of the energy industry. Chevron explores, produce and transport crude oil and natural gas; refine, market and distribute transportation fuels and lubricants; manufacture and sell petrochemical products; generate power…
Business into Kava – Part 2 As discussed in Part 1, Chevron Asia Pacific is investigating expanding its energy business to the island nation of Kava. Kava is of significant size and located near the Cook Islands off the coast of Australia. This country has recently been overwhelmed by a series of natural disasters that have left the people, the environment and the country’s economy in a state of emergency. Chris Morales, founder of Chevron, requested a feasibility study on the potential for expanding…
performance of Chevron Corporation Nowadays, increasing customers worried about the negative effects that large companies put on environment especially some energy industries. Chevron Corporation is one of largest multinational energy corporations in the world which has branch offices in more than 100 countries. It is engaged in all the aspects of gas and crude oil, which include exploration, production, marketing, chemicals manufacturing and so on (Chevron Corporation. n.d.). Although Chevron produce…
------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Chevron—Overview Chevron Corporation (NYSE: CVX) is a large multinational corporation involved in all aspects of the oil, natural gas, and geothermal energy industries. The firm is headquartered in San Ramon, California and has operations in over 180 countries (with…
will continue to rise at an even faster rate than ever before. Why do gas prices continually swell? Who owns the oil being drilled and pumped from all over the world? Oil is a non-renewable resource owned by oiling companies such as Exxon Mobile, Chevron, BP, and other name brand gas providers. The prices are skyrocketing because of supply and demand. The world supply of natural oil is being syphoned and used every day at an alarming rate. Oil companies have gotten and are still getting their more…
governments. A major international project of interest was the "Yadana Field" off the shore of Burma, which contained approximately 5 trillion cubic feet of natural gasenough to produce gas continuously for about 30 years. Burma's government created the company Mynamar Oil and Gas Enterprise (MOGE) to find…
Coventry Business School 117ECN Project:Oil and Petrol Agata Andryszczak A. Introduction The Oil and Petrol project provides an overview of the petroleum sector in the United Kingdom, identifying the major petrol companies in the United Kingdom such as BP British Petroleum, headquartered in London. There is also information on the structure of the UK petrol sector, including the processes of exploration, extraction, refining and transporting. This paper explains as well the meaning and…
Motivation Makes All the Difference In 2011 Chevron ran a television ad campaign with the name, “We Agree: Science Is Cool.” The commercial cuts back and forth between an employee talking about what Chevron is doing to improve education and a middle school aged student discussing his robotic claw from a school project. The commercial is clearly aimed at sparking an interest for science in young minds. In a caption to the video they state, “Chevron supports education, especially in science, technology…
it a prime region to exploit for enterprise. States with overlapping claims have accomplished this as well, but China is the major trading partner in the region. After the ASEAN-China Free Trade Agreement, China has arranged a plenty of financial projects with the region and different states giving it monetary influence.5 This also includes the U.S. In 1992 China announced an agreement with U.S oil companies to explore for oil on Spratly Island.6 The islands are heavily disputed by the other states…
The project selected is the world Bank, Chad-Cameroon oil pipeline project. This is one of the largest world Bank sponsored project in Africa. In the year 2000 the world bank and the European investment bank approved the estimated $4.1 billion project. The Chad-Cameroon oil pipeline project ownership is comprised of a three company oil consortium which include; Exxon/mobile with shares of 40%,Petronas Malaysia with share of 35%, and Chevron with 25%. The government of Chad and Cameroon combine hold…
