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 is experiencing a bearish trend, with financial analysts noting 18 unusual trades in its options history. This comes as other major oil companies, such as BP and Exxon Mobil, are making significant operational changes, including BP's $5 billion investment and Exxon's job cuts.
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