Chevron
Global oil, gas, and energy company
Corporate Affairs Intern
+ 401(k) match
More locations: Washington, DC, USA
Relocation may be considered.
About the job
- Be a rising junior, rising senior, or graduate student and have or be pursuing a bachelor's or master's degree aligned with Corporate Affairs functional areas.
- Demonstrate The Chevron Way.
- Have permanent U.S. work authorization with no exceptions.
- Create communications that engage external and internal audiences.
- Work on projects related to corporate media relations, employee communications, executive communications, digital and social media engagement, community partnerships, events, and brand management.
- Analyze policy and regulatory issues in countries where Chevron operates.
- Support advocacy initiatives on Chevron's positions before government, trade, and other third-party organizations.
- Track and report on key U.S. and foreign policy issues in specific regions.
- Prepare responses to outside inquiries on Chevron's positions on issues when directed.
- Attend briefings and congressional hearings on foreign and domestic policy, legislative, or regulatory matters.
- Awareness of the implications of the U.S. political structure and environment in which the energy sector operates.
- Experience in federal and/or international policy.
- Understanding of legislative and regulatory processes within the United States at the state and federal levels.
About the company
Chevron is a global energy company that produces oil, natural gas, and other energy products. It operates upstream (exploration and production), midstream, and downstream (refining, distribution, and marketing) across many regions. It differentiates itself through its long history, global scale, and integrated value chain that spans the full energy lifecycle from resource development to customer delivery. Its goal is to provide reliable energy by expanding resources, improving efficiency, and maintaining safety across markets.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Ramon, California
Founded
1879
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Simplify's Take
What believers are saying
- Second-quarter 2026 production jumped 20% to 4.07 million barrels daily.
- Chevron signed updated Venezuela joint-venture terms on September 2, 2026, enabling growth.
- August 17, 2026 Angola discovery expands Chevron's exploration inventory and long-cycle reserves.
What critics are saying
- Chevron plans 650 Houston and North Dakota layoffs after Hess integration in September 2026.
- Hess integration still faces execution risk if Guyana costs, synergies, or permits slip.
- Project Kilby needs a final investment decision in 2026; failure kills the AI power upside.
What makes Chevron unique
- Chevron closed Hess in 2025, adding Guyana production and larger reserve optionality.
- Project Kilby with Microsoft locks 20-year, oil-price-independent power revenue by 2028.
- Chevron's proprietary surfactant technology is now licensed to ZL Chemicals as Vantis.
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Benefits
Flexible Work Hours
Company News
On the 8 September episode of Mad Money, Jim Cramer likened Chevron Corporation to a reliable fantasy football kicker, highlighting its 3.4% yield and nearly 40% stock gain this year. He noted that energy stocks like Chevron often trade independently from broader market movements due to oil price dynamics. Chevron's second-quarter earnings showed total revenues of $70.06 billion and net income of $12.1 billion. Worldwide net oil-equivalent production jumped 20% year-over-year to 4.07 million barrels per day, driven by legacy Hess assets and Permian Basin expansion. On 3 September, BMO Capital raised its price target to $235 from $210, citing Venezuela operations as a growth driver. Piper Sandler increased its target to $243 from $207 the same day.
President Donald Trump's nine largest oil and gas holdings gained between $1.5 million and $4.4 million in the first six months of the Iran war, according to a CNBC analysis of his financial disclosure and market data. The holdings include Chevron, ExxonMobil, and seven other energy companies. CNBC calculated gains using share-price movements from 27 February, the day before hostilities began, through 31 August. Trump's accounts showed at least 23 sell transactions across the nine stocks through 29 June. A White House spokesman said Trump plays no role in trading decisions, with all investments managed independently. Ethics watchdogs disputed this, noting Trump still knows his heavy energy investment positions. The nine firms posted combined second-quarter profits of $47.6 billion, triple the prior year's figure. US crude prices rose roughly 36% since the war started.
Chevron shares have surged 43% year-to-date, approaching a record high of $212.79. However, analysts at 24/7 Wall St. have set a hold rating with a price target of $204.67, implying roughly 4% downside from current levels. The rally follows strong Q2 results, with adjusted earnings per share of $6.06 and revenue of $67.20 billion, up 51% year-on-year. The company also reduced total debt by $8.41 billion during the quarter. Despite the bullish momentum, Chevron trades at a price-to-earnings ratio of 34 compared to Exxon's 23. Analysts note a 20-year power purchase agreement with Microsoft at Project Kilby could unlock commodity-independent cash flow streams. WTI crude prices have climbed to $91.48, up from mid-$70s a month earlier, supporting the energy sector's recent strength.
Chevron will pay shareholders $1.78 per share on 10 September 2026, marking its 39th consecutive annual dividend increase. Shares are up 42% year-to-date, with the current yield at roughly 3.08%. The company posted adjusted earnings per share of $6.06 in Q2 2026, with revenue of $67.20 billion, up 51% year-over-year. Free cash flow reached $18.1 billion against a quarterly dividend of $3.5 billion. Full-year 2025 generated $33.94 billion in operating cash flow versus $12.75 billion in dividends. Net debt to cash flow stands at 0.6 times after $8 billion in debt reduction last quarter. When oil crashed to $37 in 2020, Chevron paid $9.7 billion in dividends by relying on its balance sheet. Hess synergies of $1.5 billion arrived ahead of schedule, whilst a 20-year Microsoft power deal provides cash flows independent of crude prices.
Chevron announced plans to more than double its oil production in Venezuela over the next five years through a $7 billion investment. The move expands the company's position in the South American nation. CEO Mike Wirth discussed the investment plans during an appearance on CNBC's Squawk on the Street programme. The expansion represents a significant increase in Chevron's Venezuelan operations. The investment comes as the company seeks to grow its international production footprint. Venezuela has some of the world's largest proven oil reserves, making it an attractive location for energy companies looking to expand their operations.