Chevron, headquartered in San Ramon, California, employs 45,600 people and provides support for energy operations while producing crude oil, natural gas, and various petroleum products. The company engages in extensive upstream and downstream activities, including refining, transportation, and technology development.
CVX has been in the news recently: Chevron's stock rose approximately 3% in premarket trading due to concerns over oil supply following Israel's airstrikes on Iran. The geopolitical tensions have led to a surge in oil prices, impacting the broader market and prompting interest in energy sector investments.
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