10-KPeriod: FY2009

CHEVRON CORP Annual Report, Year Ended Dec 31, 2009

Filed February 25, 2010For Securities:CVX

Summary

Chevron Corporation's 2010 10-K filing reflects the company's operations and financial performance for the year ending December 30, 2009. The report details Chevron's extensive involvement in the oil and gas industry, encompassing exploration, production, refining, marketing, and transportation. Key operational areas discussed include upstream activities like crude oil and natural gas extraction, and downstream operations such as fuel refining and chemical manufacturing. The filing also outlines the company's capital expenditures, reserve data, and competitive landscape, providing investors with a comprehensive view of its business model and strategic positioning within the global energy sector. While specific financial figures are not detailed in the provided excerpt, the report's structure indicates a thorough review of the company's financial condition and results of operations, market risks, and internal controls. Investors can expect to find detailed discussions on the company's performance drivers, potential risks, and forward-looking statements that are crucial for understanding Chevron's trajectory and investment potential in the evolving energy market.

Financial Highlights

44 data points
Beta

Revenue

$171.64B

Net Income

$10.48B

6.1% Net Margin

EPS (Diluted)

$5.24

Total Assets

$164.62B

Cash & Equivalents

$8.72B

Free Cash Flow

$19.37B

Financial Statements
Beta
Revenue$171.64B
R&D Expenses$603.00M
SG&A Expenses$4.53B
Operating Expenses$153.11B
Interest Expense$28.00M
Net Income$10.48B
EPS (Basic)$5.26
EPS (Diluted)$5.24
Shares Outstanding (Basic)1.99B
Shares Outstanding (Diluted)2.00B

Key Highlights

  • 1Comprehensive overview of Chevron's integrated business model, spanning upstream (exploration and production) and downstream (refining, marketing, transportation) segments.
  • 2Detailed discussion on Capital and Exploratory Expenditures, crucial for understanding investment in future growth.
  • 3Information on Net Production of Crude Oil, Natural Gas Liquids, and Natural Gas, directly impacting revenue and profitability.
  • 4Presentation of Average Sales Prices and Production Costs per Unit of Production, key metrics for operational efficiency and margin analysis.
  • 5Disclosure of Reserves, Acreage, and Delivery Commitments, indicating the company's resource base and future obligations.
  • 6Review of Ongoing Exploration and Production Activities in Key Areas, offering insights into strategic growth initiatives.
  • 7Sections dedicated to Risk Factors and Legal Proceedings, providing transparency on potential challenges and uncertainties.

Frequently Asked Questions

The filing details Chevron's integrated operations, primarily focusing on Upstream activities (exploration and production of crude oil, natural gas liquids, and natural gas) and Downstream activities (refining, marketing, and transportation of petroleum products, as well as chemical operations).

The report includes details on net production volumes of crude oil, natural gas liquids, and natural gas, alongside average sales prices and production costs per unit. It also covers information on reserves, productive wells, acreage, and ongoing development and exploration activities.

Investors should refer to Part II of the filing, specifically Item 7, 'Management's Discussion and Analysis of Financial Condition and Results of Operations,' and Item 8, 'Financial Statements and Supplementary Data,' for in-depth financial analysis and reporting.

The 'Risk Factors' section (Item 1A) is dedicated to outlining potential risks that could affect Chevron's business, financial condition, and results of operations. Investors should carefully review this section for a comprehensive understanding of the company's risk profile.