Future of Chevron | Quantumrun

Future of Chevron

Chevron Corporation (NYSE: CVX) is a US energy corporation which operates globally. It’s one of the successor companies of Standard Oil and operates actively globally. It’s headquartered in San Ramon, California. Chevron is engaged in all aspect of the natural gas, geothermal energy, and oil industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.

Home Country: 
United States
Industry: 
Petroleum Refining
Industry vulnerability to disruption: 

<p>Belonging to the energy sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:</p>

<p>*First off, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.<br />
*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.<br />
*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.<br />
*The growing cultural awareness and acceptance of climate change is accelerating the public's demand for clean energy, and ultimately, their government's investment into cleantech infrastructure projects.<br />
*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy infrastructure that will keep energy sector building contracts going strong into the foreseeable future.<br />
*Significant breakthroughs in Thorium and fusion energy will be made by the mid-2030s, leading to their rapid commercialization and global adoption.</p>

Total patents held: 
4 884
Number of patents field last year: 
21
Ranking List: 
10
Ranking List: 
2017 Quantumrun Global 1000
8
Ranking List: 
2017 Quantumrun US 500
Ranking List: 
2017 Quantumrun Silicon Valley 100
Market Revenue Country: 
Market country 
United States
Revenue from country 
0.38
Market country 
Other
Revenue from country 
0.62
Prod/Serv name revenue: 
Prod/Serv name: 
Upstream
Prod/Serv revenue: 
31110000000
Prod/Serv name: 
Downstream
Prod/Serv revenue: 
2430000000
Founded: 
1879
Global brand rank: 
63
Company Name: 
Chevron
Sector: 
Revenue: 
114472000000
3y average revenue: 
154973000000
Operating expenses: 
116632000000
3y average expenses: 
143678333333
Company profile data note: 
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
Global employee count: 
55200
Domestic employee count: 
29600
Number of domestic locations: 
8000
Funds in reserve: 
6988000000
create term: 
#10 | 2017 Quantumrun Global 1000
#8 | 2017 Quantumrun US 500

Chevron Corporation (NYSE: CVX) is a US energy corporation which operates globally. It’s one of the successor companies of Standard Oil and operates actively globally. It’s headquartered in San Ramon, California. Chevron is engaged in all aspect of the natural gas, geothermal energy, and oil industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.

Home country:
United States
Sector:
Energy
Industry:
Petroleum Refining
Website:
Founded:
1879
Global employee count:
55,200
Domestic employee count:
29,600

Financial Health

Revenue
$114,472,000,000 USD
3y average revenue
$154,973,000,000 USD
Operating expenses
$116,632,000,000 USD
3y average expenses
$143,678,333,333 USD
Funds in reserve
$6,988,000,000 USD
#1 Market country
United States
% of revenue from country #1
0.38%
#2 Market country
Other
% of revenue from country #2
0.62%

Asset Performance

#1 Product/Service/Dept. name
Upstream
#1 Product/Service revenue
$31,110,000,000 USD
#2 Product/Service/Dept. name
Downstream
#2 Product/Service revenue
$2,430,000,000 USD

Innovation assets and Pipeline

Global brand rank
63
Total patents held
4,884
Number of patents field last year
21
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.

Disruption Vulnerability

Belonging to the energy sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the most obvious disruptive trend is the shrinking cost and increasing energy generating capacity of renewable sources of electricity, such as wind, tidal, geothermal and (especially) solar. The economics of renewables are advancing at such a rate that further investments into more traditional sources of electricity, such as coal, gas, petroleum, and nuclear, are becoming less competitive in many parts of the world.

*Concurrent with the growth of renewables is the shrinking cost and increasing energy storing capacity of utility-scale batteries that can store electricity from renewables (like solar) during the day for release during the evening.

*The energy infrastructure in much of North America and Europe is decades old and is currently in the two-decade-long process of being rebuilt and reimagined. This will result in the installation of smart grids that are more stable and resilient, and will spur the development of a more efficient and decentralized energy grid in many parts of the world.

*The growing cultural awareness and acceptance of climate change is accelerating the public's demand for clean energy, and ultimately, their government's investment into cleantech infrastructure projects.

*As Africa, Asia, and South America continue to develop over the next two decades, their populations’ increasing demand first world living conditions will spur demand for modern energy infrastructure that will keep energy sector building contracts going strong into the foreseeable future.

*Significant breakthroughs in Thorium and fusion energy will be made by the mid-2030s, leading to their rapid commercialization and global adoption.