Integrated energy major
Chevron Corporation
Chevron is an integrated energy company spanning oil and gas exploration and production, refining, and fuel sales. It earns revenue from upstream production and downstream product sales, while spending on crude and product purchases, oilfield services, and subsea production equipment.
Business categories Oil & Gas Exploration and Production · Oil & Gas · primary Refining & Fuels Marketing · Oil & Gas
CVX Updated Sep 24, 2026 6 AI consumers· 3 recurring
Per the valuechain.wiki graph, Chevron Corporation is directly linked to 8 companies (6 supply, 2 revenue relationships) and reaches 18 companies within two hops; the links are backed by 16 dated sources, 3 of them primary filings (as of 2026-09-24).
Annual return · 2026-09-04'21+46.2%'22+58.5%'23-13.6%'24+1.3%'25+10.1%YTD+40.7%
Chevron Corporation$184.432 billion
Financials & Segments
- Total revenue · $184.432 billion (FY2025 sales and other operating revenues, Chevron 2025 Form 10-K)
- Segments · Upstream · Downstream
Revenue from
- Tokyo Electric Power Company Holdings, Incorporated Medium confidence
TEPCO signed an agreement to purchase additional Wheatstone LNG directly from Chevron. The consideration attributable to Chevron was not disclosed.Confirms EN Tokyo Electric Power Company Published Jun 18, 2012: Signing of LNG Sale and Purchase Agreements for LNG from the Wheatstone LNG Project - Chubu Electric Power Co. Medium confidence
Chevron's Australian subsidiaries signed long-term Wheatstone LNG sale and purchase agreements with Chubu Electric. The consideration attributable to Chevron among the co-sellers was not disclosed.Confirms EN Chubu Electric Power Co., Inc. Published Mar 29, 2013: Conclusion of Contract for Purchase of LNG produced by Wheatstone ProjectConfirms EN Chevron Corporation Published Mar 28, 2013: Chevron and Chubu Electric Sign Wheatstone LNG Agreements
Pays to
- Texas Pacific Land Corporation High confidence· Contract value $43M · payments through 2046 · Aggregate consideration for the Project Kilby land sale
Chevron receives land and brackish-water resources from TPL for Project Kilby in Reeves County, with land consideration of $42.5 million and an exclusive right for TPL to source aquifer-derived water for the project.Confirms EN SEC EDGAR Published Aug 5, 2026: Texas Pacific Land Corporation Form 10-Q for the Quarter Ended June 30, 2026Confirms KO Maeil Business Newspaper Published Jun 24, 2026: Texas Pacific Land Signs Chevron Agreement for Land and Water Solutions for a Large-Scale Power Project - Halliburton Company High confidence
Chevron jointly developed a closed-loop automated completion process with Halliburton in Colorado using Halliburton's ZEUS IQ platform, with no counterparty-specific contract value disclosed.Mentions KO Samsung Securities Published Apr 22, 2026: Halliburton: Drill Baby Drill Spreads GloballyConfirms EN U.S. SEC EDGAR Published Jul 22, 2025: Halliburton Announces Second Quarter 2025 Results, Exhibit 99.1 to Form 8-KConfirms EN Halliburton Published Jun 12, 2025: Chevron and Halliburton enable intelligent hydraulic fracturing - Bunge Global SA High confidence
Chevron holds purchase rights for soybean oil produced by Bunge Chevron Ag Renewables for use as renewable-fuel feedstock, but the amount of Chevron-related revenue attributable to Bunge is not disclosed. - Baker Hughes Medium confidence
Chevron Australia signed a long-term framework agreement with Baker Hughes for subsea production systems for future offshore developments. The contract value was not disclosed.Confirms EN Baker Hughes Published Dec 12, 2023: Baker Hughes Enters 20-year Agreement with Chevron Australia - Schlumberger Medium confidence
Chevron awarded Schlumberger, through OneSubsea, a master contract for subsea equipment and services for Gulf of Mexico development projects. The contract value was not disclosed.Confirms EN Schlumberger Published Jul 23, 2019: Chevron Awards OneSubsea 20-year Subsea Equipment and Services Master Contract for the Gulf of Mexico - Honeywell Technologies Medium confidence
Chevron is presented as a customer example for Honeywell UOP catalysts and adsorbents and as a user of the Experion distributed control system, while also co-developing AI capabilities with Honeywell for alarm response and operating decisions in refining processes.Confirms EN Honeywell Technologies Published Jun 11, 2026: Honeywell Technologies 2026 Investor Day PresentationConfirms EN Honeywell Published Oct 1, 2024: Honeywell and Chevron Collaborate on AI-Assisted Solutions for Refining Processes
Investments
- Hess Corporation High confidence· Amount $48B · acquisition completed 2025-07-18 · Aggregate accounting purchase price of Hess Corporation
Chevron completed its acquisition of Hess Corporation in July 2025. Because reported transaction values use different scopes, the edge metric uses only the accounting purchase price disclosed in Chevron's Form 10-K.Mentions KO The Korea Economic Daily Published Oct 1, 2025: Oil Industry Cuts Thousands of Jobs Amid Lower Prices, Tariffs, and ConsolidationMentions EN Rystad Energy Published Mar 13, 2024: The impact of ExxonMobil's arbitration move on Chevron, Hess and Stabroek
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Chubu Electric Power Co. | lead1 | -6.9 | +26.2 | +41.4 | -12.8 | +43.8 | +31.9 |
| Tokyo Electric Power Company Holdings, Incorporated | lead1 | -23.7 | +58.5 | +62.5 | -48.1 | +42 | -4.5 |
| Chevron Corporation | node | +46.2 | +58.5 | -13.6 | +1.3 | +10.1 | +40.7 |
| Schlumberger | benef1 | +39.6 | +81.2 | -0.8 | -24.5 | +3.3 | +52.3 |
| Bunge Global SA | benef1 | +45.9 | +9.3 | +3.8 | -20.7 | +18.6 | +35.7 |
| Texas Pacific Land Corporation | benef1 | +73.3 | +91.3 | -32.4 | +115.3 | -21.6 | +26.2 |
| Baker Hughes Company | benef1 | +19 | +26 | +18.6 | +23.1 | +13.4 | +25.9 |
| Halliburton Company | benef1 | +22 | +74.5 | -6.5 | -23.2 | +7 | +16.8 |
| Honeywell Technologies | benef1 | -0.3 | +4.9 | +0 | +10 | -6.4 | +3.8 |
| GE Vernova | benef2 | · | · | · | · | +99 | +54 |
| NVIDIA | benef2 | +125.5 | -50.3 | +239 | +171.2 | +38.9 | +23.2 |
| Evergy | benef2 | +28 | -4.9 | -13.3 | +23.4 | +22.4 | +15.3 |
| Linde | benef2 | +33.4 | -4.4 | +27.7 | +3.2 | +3.2 | +14.6 |
| Carrier Global Corporation | benef2 | +45.3 | -22.7 | +41.5 | +20.3 | -21.8 | +14.3 |
| Amazon | benef2 | +2.4 | -49.6 | +80.9 | +44.4 | +5.2 | +12 |
| GE Aerospace | benef2 | +9.7 | -10.9 | +95.7 | +64.8 | +85.7 | +9.7 |
| Alphabet (Google) | benef2 | +65.3 | -39.1 | +58.3 | +36 | +66 | +8.3 |
| NXP Semiconductors | benef2 | +44.8 | -29.2 | +48.4 | -8 | +6.4 | +5.9 |
YTD as of 2026-09-04 · source: Yahoo Finance
Chevron Corporation operates across Integrated energy major. It is up +40.7% in 2026. Its demand and supply links are known, but listed-counterparty return data is limited. It earns revenue from upstream production and downstream product sales, while spending on crude and product purchases, oilfield services, and subsea production equipment.
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