5 Most Valuable Oil Companies in the World

3. Chevron Corporation (NYSE:CVX)

Founded in 1879, Chevron Corporation (NYSE: CVX), headquartered in San Ramon, California, ranks as the second biggest American oil company. In 2005, the company changed from ChevronTexaco Corporation to Chevron Corporation. They are also a major supplier of aviation fuel in America.

Ranking third in our list of most valuable oil companies in the world, it operates in about 180 countries and is ranked 27th in Fortune’s 2021 Top 500 list. Chevron Corporation (NYSE: CVX)’s upstream segment focuses on exploration, development, and production of crude oil and natural gas, while also specializing in processing, liquefaction, transportation, and regasification associated with liquefied natural gas. The downstream segment focuses on transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants are some other activities.

15 Most Valuable Oil Companies in the World

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