
Chevron Corp
NYSE:CVX

Operating Margin
Chevron Corp
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
US |
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Chevron Corp
NYSE:CVX
|
261.2B USD |
11%
|
|
SA |
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Saudi Arabian Oil Co
SAU:2222
|
6.7T SAR |
43%
|
|
US |
![]() |
Exxon Mobil Corp
NYSE:XOM
|
494.4B USD |
13%
|
|
CN |
![]() |
PetroChina Co Ltd
SSE:601857
|
1.7T CNY |
9%
|
|
UK |
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Shell PLC
LSE:SHEL
|
161.4B GBP |
12%
|
|
NL |
R
|
Royal Dutch Shell PLC
OTC:RYDAF
|
219.3B USD |
12%
|
|
FR |
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TotalEnergies SE
PAR:TTE
|
121.4B EUR |
12%
|
|
CN |
![]() |
China Petroleum & Chemical Corp
SSE:600028
|
697.4B CNY |
2%
|
|
UK |
![]() |
BP PLC
LSE:BP
|
60.3B GBP |
6%
|
|
BR |
![]() |
Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
|
423B BRL |
30%
|
|
NO |
![]() |
Equinor ASA
OSE:EQNR
|
761B NOK |
30%
|
Chevron Corp
Glance View
Amidst the sprawling landscape of the energy sector, Chevron Corporation stands as a towering figure, tracing its origins back to the 19th century. Born in California, Chevron emerged out of a merger between California Star Oil Works and Pacific Coast Oil Co. in 1879. Over the decades, it has evolved into a global energy titan, deeply integrated across the oil and gas value chain. Its operations are categorized primarily into upstream and downstream activities. In the upstream sector, Chevron engages in the exploration and production of crude oil and natural gas, operating significant assets in the Permian Basin and Kazakhstan's Tengiz Field, among many others. These explorations and extractions are driven by advanced technologies, allowing the company to tap into reserves in both conventional and unconventional sites, from mountain ranges to deep waters beneath the Earth's surface. In its downstream segment, Chevron refines crude oil into finished petroleum products. It manages a wide distribution network that brings fuels, lubricants, and petrochemicals to markets across virtually all continents. The company's refineries are strategically located around the globe, enabling it to effectively supply to diverse geographical areas, including North America, Asia, and Europe. Chevron also invests in petrochemical manufacturing and marketing via joint ventures such as Chevron Phillips Chemical, thus expanding its footprint beyond traditional oil and gas. Moreover, the company has been gradually shifting towards integrating more sustainable practices, with investments in lower-carbon technologies. Through this dual approach, Chevron adeptly navigates the volatile energy market, driving robust financial performances while setting the stage for a more diversified energy future.

See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Chevron Corp's most recent financial statements, the company has Operating Margin of 11.4%.