Chevron Corporation
0.52 %
-11.97 %
Yet to be announced
Company Overview
Chevron Corporation engages in integrated energy and chemicals operations. The company operates in two segments, Upstream and Downstream. Chevron is involved in the exploration, development, production, and transportation of crude oil and natural gas. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants.
Revenue Sources
PassBased on Chevron's financial statements and business operations, their revenue comes primarily from oil and gas exploration, production, refining, and related products and services. These core business activities are halal as they involve the exchange of real assets and creation of value through energy production and distribution.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $52.23b | $46.17b | - | $199.0m | 0.00% | 0.43% |
| Sept. 30, 2024 | $50.67b | $44.18b | - | $164.0m | 0.00% | 0.37% |
| June 30, 2024 | $51.18b | $44.15b | - | $113.0m | 0.00% | 0.26% |
| March 31, 2024 | $48.72b | $40.79b | - | $118.0m | 0.00% | 0.29% |
Analyzing the last four quarters of financial data: Interest expense remains consistently low relative to total expenses, averaging well below 0.5% of total expenses across all quarters. The company's interest expenses ranged from $113 million to $164 million per quarter, while total expenses were between $40-44 billion per quarter. This indicates that interest expense plays an insignificant role in the company's operations.
Operational Ethics
FailChevron is the largest producer of natural gas for Israel and the largest multinational corporation with a significant stake in Israel's energy sector. Between 2021 and December 2024, Chevron spent nearly $28.5 million on lobbying the U.S. government, including on energy issues related to Israel.
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