Full-Time
Global oil, gas, and energy company
$125k - $175k/yr
No H1B Sponsorship
Houston, TX, USA
In Person
Relocation may be considered within Chevron parameters.
MBA
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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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Flexible Work Hours
US President Donald Trump has accused oil companies of price gouging and called for a Department of Justice review as oil prices rise amid Middle East geopolitical tensions. Major oil companies have reported strong earnings in the first half of 2026. Shell's earnings more than doubled to $2.94 per share from $1.40, whilst revenues rose 22%. Chevron saw earnings surge to $7.23 per share from $3.46, with revenues up 28%. ExxonMobil's earnings increased roughly 66% to $5.60 per share, with revenues up around 22%. The companies operate in commodity markets where prices are determined by market forces rather than individual firms, contradicting price-gouging allegations despite consumer and political concerns about rising fuel costs.
Chevron rose approximately 0.8% to $207.39 on Thursday as Brent crude climbed to $93.81 per barrel, marking oil's fifth consecutive session of gains. Restricted shipping through the Strait of Hormuz and stalled US-Iran diplomacy are driving supply concerns. The company reported strong second-quarter results with earnings of $12.1 billion, a 20% surge in worldwide production, and 21% return on capital employed. Chevron generated $19.7 billion in operating cash flow excluding working capital movements and $15.4 billion in adjusted free cash flow. However, Chevron's share price now sits 30.78% above its estimated fair value of $158.58. The stock trades near 20 times trailing earnings, suggesting considerable optimism is priced in.
Exxon and Chevron reported combined net income of $26.5 billion for the second quarter. ExxonMobil posted $14.5 billion, more than double its year-ago profit, whilst Chevron reported $12 billion, nearly 400% higher than the previous year. Chevron beat Wall Street earnings estimates by $0.50 per share at $6.06, whilst Exxon missed by $0.08, citing difficulties in its refining business. Both companies exceeded revenue estimates. Higher oil prices driven by the war in the Persian Gulf and closure of the Strait of Hormuz contributed significantly to the results. Chevron's refining profit surged from $737 million to $4.9 billion year-over-year, whilst Exxon's refining profits of $4.1 billion fell short of the $5.37 billion analysts expected. Chevron is the only major oil company operating in Venezuela, potentially benefiting from access to the world's largest oil reserves.
Following the removal of Nicolás Maduro from office in January, US firms are accelerating oil production in Venezuela, which holds the world's largest proven crude reserves at roughly 303 billion barrels. Chevron has increased its Venezuelan output from 40,000 barrels per day to 250,000 bpd over recent years, with production reaching 280,000 bpd in the past six months. The company expects a 50% increase by end-2028, bringing total output to 420,000 bpd. Spain's Repsol is targeting to triple its production within two to three years from current levels of 45,000 bpd. BP has established a permanent Caracas office and secured licences to develop offshore gas fields. Venezuela's overall crude production reached 1.21 million bpd in July, up from 847,000 bpd in 2025, though still below the 3 million bpd achieved in the early 2000s.
Chevron reported strong second-quarter results, beating analyst expectations with revenue of $70.06 billion and adjusted earnings per share of $6.06. The company achieved its $3 billion annual structural cost reduction target six months early, according to CEO Michael Wirth. Production grew 22.5% year-on-year, driven by US upstream and refining operations. The integration of the Hess acquisition exceeded initial expectations for synergy benefits and free cash flow. During the earnings call, analysts questioned management about operational improvements at the Tengizchevroil asset, capital efficiency in shale portfolios including Bakken and Vaca Muerta, and the long-term outlook for Chevron's power business. Questions also focused on the sustainability of cost reductions and contingency plans for potential pipeline disruptions.