Finance Intern
About the job
- Program members must demonstrate action-oriented and results-driven behavior aligned with Chevron Way values, including Diversity and Inclusion, High Performance, Integrity and Trust, Partnership, and Protecting People and the Environment.
- Candidates must be able to demonstrate the Chevron Way.
- Permanent U.S. work authorization is required with no exceptions.
- Complete one assignment over a 10–12-week summer internship at Chevron’s corporate headquarters in Houston, Texas.
- Participate in training, social events, and networking with FCMP members, alumni, and senior Chevron leaders.
- Work on real projects during the internship.
- Three or more years of pre-MBA work experience.
- Pursuing an MBA.
- Leadership potential, communication skills, and maturity.
- Passion for the energy industry.
- Strong analytical skills and business acumen.
- A solid grasp of finance and accounting principles.
- Flexibility and desire to explore a variety of businesses.
About the company
Chevron is one of the world's largest integrated energy companies, finding and producing oil and natural gas and refining it into fuels, lubricants and chemicals sold worldwide. It traces its roots to Standard Oil, and its largest projects include the Tengiz oil field in Kazakhstan and a large Permian Basin position. Its upstream arm drills wells and runs liquefied natural gas projects, while its downstream arm operates refineries and supplies Chevron, Texaco and Caltex stations. It earns money selling crude oil, natural gas and refined products, and it is building gas-fired power plants for data centers. Chevron was founded in 1879 and is based in Houston, Texas.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Ramon, California
Founded
1879
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Simplify's Take
What believers are saying
- Profits are strong: earnings reported in July 2026 reached $12.1 billion as production rose 20% on Hess assets.
- Graduates build breadth: in the Philippines, its IT Horizons program rotates hires through three IT roles.
- The Hess deal paid off fast: by July 2026, Chevron captured $1.5 billion in annual synergies within a year.
What critics are saying
- Cost cutting continues: Chevron is pushing for up to $4 billion in structural savings by the end of 2026.
- Its Venezuela growth rides on politics: a $7 billion expansion in September 2026 followed a U.S.-Venezuela oil deal.
- The power bet is unproven: as of June 2026, Kilby awaited a final investment decision, with power targeted for 2028.
What makes Chevron unique
- Few rivals match its U.S. scale: Q2 2026 set records for U.S. oil and gas output and refining throughput.
- It now sells power, not just fuel: a June 2026 deal supplies Microsoft's West Texas data center with 2.67 gigawatts.
- It keeps a rare Venezuela foothold: its joint ventures there pump about 280,000 barrels of oil a day.
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Benefits
Flexible Work Hours
Company News
Chevron is the better dividend stock to hold for 20 years, according to an analysis by TIKR, which compared it with Coca-Cola. Chevron yields 3.4% against Coca-Cola's 2.5%. It raised its dividend 5.8% a year from fiscal 2020 to fiscal 2025, versus 4.5% for Coca-Cola. Chevron's dividend takes 51% of free cash flow, against 77% for Coca-Cola, whose free cash flow fell short of its dividend in fiscal 2024 and 2025. Chevron's net debt is 0.56x EBITDA, against 1.6x for Coca-Cola. At those growth rates, $10,000 in Chevron would pay about $12,240 over 20 years, against about $7,812 for Coca-Cola. The main risk is oil prices. Chevron's 2030 targets assume lower commodity prices than today's.
Chevron and Occidental Petroleum offer investors different bets on energy in 2026. Chevron is a fully integrated giant; Occidental focuses on exploration and production, with a push into carbon capture. In FY 2025, Chevron's revenue fell about 4.6% to nearly $184.4 billion, with net income near $12.3 billion and free cash flow of about $16.6 billion. Occidental's revenue dropped about 20.3% to nearly $21.6 billion, with net income of about $2.4 billion and free cash flow near $4.1 billion. Occidental has the edge on valuation, with a forward P/E of 9.4x against Chevron's 12.7x. It also posted a five-year average operating margin of 38%, versus 16.5% for Chevron. Chevron offers a 3.4% dividend yield and 39 straight years of increases. Occidental yields 1.8%.
StockStory flags one low-volatility stock to watch and two to sell, saying stability alone may not deliver market-beating returns. Chevron (NYSE:CVX) is the pick. Its revenue grew 6.3% a year over the last 10 years and reached $215.3 billion. StockStory also cites strong free cash flow. The stock trades at $212.13, or 12.2x forward earnings. It is cautious on nLIGHT (NASDAQ:LASR), a laser maker. Sales grew 3.8% a year over five years, operating margins stayed negative, and free cash flow is negative. The stock trades at $38.43, or 100.3x forward earnings. It is also wary of Bank of Hawaii (NYSE:BOH). Net interest income grew 3.8% a year, and earnings per share were flat over five years. The stock trades at $66.78, or 1.7x forward price-to-book.
Chevron set a US upstream production record of 2,077 MBOED in its second quarter and exceeded earnings per share estimates for seven consecutive quarters. The energy company's Q2 adjusted EPS jumped to $6.06 as revenue rose 51.4% to $67.20bn. The firm captured $1.5bn in Hess savings within a year of closing, beating its original target by 50%. Chevron reached $3bn in annual run-rate cost cuts six months early. The company signed Project Kilby, a 20-year power deal with Microsoft to supply 2.67 gigawatts, targeting mid-teens returns independent of oil prices. Management says talks for similar deals are advanced. Chevron trades at 15 times forward earnings, below the S&P 500's roughly 21 to 23 times multiple. Shares are up 40% year-to-date.
Jim Cramer has praised Chevron Corporation CEO Mike Wirth as a "beacon of rationality" during recent energy market turbulence. Cramer, who has favoured the oil giant for over a year, highlighted Wirth's calm leadership style. Chevron's second quarter showed strong performance, with revenue growing 56% and global upstream production rising 20%. The company reached a milestone of one million barrels in Permian production, expecting capital intensity there to fall 25% by 2026. The firm plans to grow free cash flow and earnings per share by 10% annually through 2030, assuming $70 per barrel oil prices. However, Chevron's heavy reliance on oil, compared to rivals like Shell and Exxon who have diversified into LNG, presents potential vulnerability.