StudentShare solutions
Triangle menu

CORPORATE - Research Paper Example

Nobody downloaded yet

Extract of sample

As of the financial year 2011, Chevron generated a sales value worth $244 billion and the net income attributable to the company during the same period was $27 billion. The profitability of the company can be gauged from the fact that the net income per share of the company during 2011 was $13.44, while the company also paid cash dividends worth $3.09 per share. The return on capital and the return on equity of Chevron during as of 2011 were 21.6% and 23.8% respectively (Chevron, 2012). Though the company is instituted in California, in the United States, Chevron has business activities throughout the world in over 120 countries. The following figure represents the geographic reach of Chevron across the world, by means of onshore operations, offshore operations, pipelines or refineries. Figure 1: Global Reach of Chevron Corporation (Juhasz, 2009) In 2011, the average net production of Chevron was 2.673 million oil barrels for every day, of which around 75% of the volume was produced from countries other than the United States (Chevron, 2012). This can be lucidly illustrated from the following figure: Figure 2: Geographic Segmentation of Chevron’s Production (Chevron, 2011) Chevron is present in various countries, such as the USA, the UK, Canada, Malaysia, Indonesia, Bangladesh, Vietnam, Nigeria, Singapore and Australia to name a few. Chevron Corporation has a number of subsidiaries and associates for managing and operating its worldwide operations. Some of them are Chevron U.S.A. Inc. (CUSA), Chevron Phillips Chemical Company LLC, Chevron Transport Corporation Ltd. (CTC), and Tengizchevroil LLP (TCO) among others. Even though every subsidiary of Chevron is accountable for its individual affairs, Chevron Corporation handles its investments in its subsidiaries in addition to their affiliates. The operations and business activities of Chevron are categorised into two business divisions, namely, Upstream and Downstream. The upstream business segment comprises of sale of crude oil and natural gas produced by the company itself, in addition to the sale of natural gas produced by other companies. On the other hand, the downstream segment comprises of activities related to the processing and marketing of various forms of petroleum products. The United States of America is the principal country of operation of Chevron Corporation. Hence, in its annual reports, the company presents its geographic breakdown of performance in terms of two categories, i.e., the United States, Chevron’s domicile nation while other countries where the company operates reported as ‘International’ (outside the United States). The following table represents the breakdown of sales, assets and income of Chevron Corporation for the year 2011, in terms of the above discussed segments: Year 2011 Sales Assets Earnings Upstream United States 27,738 37,108 6,512 International 55,098 98,540 18,274 Downstream United States 91,078 22,182 1,506 International 123,221 20,517 2,085 All others United States 1,598 8,824 - International 46 17,661 - Total United States 120,414 68,114 8018 International 178,365 136,718 20,359 (All values in millions of US dollars) (Chevron Corporation, 2011) In this context, it is should be noted that excluding the United States, ...Show more


CORPORATE RESEARCH PAPER Table of Contents Introduction 3 The Foreign Exchange (FX) and Risk Management Policy of Chevron 6 Chevron’s utilization of derivatives for funding, investing, and other price risks 11 Extent of the Chevron’s offshore and Euro market funding and investing activities 13 Conclusion 15 Works Cited 16 Appendices 17 2.Geographical Breakdown of Assets 18 3.Geographical Breakdown of Income 18 4…
Author : cydneyjones
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Finance and Accounting Research Paper: Corporate Financial Scandals
The company was formed in 1985 by Kenneth Lay, after the merger of Houston natural gas and inter-north. It was a natural gas, energy trading, and electrical utilities company which was based in Houston Texas. Before its bankruptcy, Enron employed roughly 21,000 people.
11 pages (2750 words) Research Paper
Corporate Governance Research Paper
The petroleum companies of Shell, chevron and Exxon Mobil management and executive teams, are charged with the responsibility of ensuring the realization of corporate governance in these organizations. They are responsible in meeting the energy requirements of society, in means that are socially, economically and environmentally viable, presently and in the long term.
9 pages (2250 words) Research Paper
Corporate Governance and Ethical Responsibility Research Paper
As a means of answering the questions associated with the ethical and moral obligations, key shareholders, and means of interpretation with which the given case could be determined, this student will seek to weigh these factors both within the framework of the given case study as well as seeking to provide reference and allusions to the course material and readings that have assisted in providing answers and discussion with relation to the given case.
8 pages (2000 words) Research Paper
Corporate Governance and Ethical Responsibility Research Paper
Dr. DoRight, the hospital President, is inter-twined into an ethical conundrum and challenge in attempting to rectify these problems. The Involved Stakeholders The most paramount stakeholders involved in the situation at the hospital are the patients, those who are guaranteed duty of care under established tort laws.
7 pages (1750 words) Research Paper
The company operates and has airport hubs in Ronald Reagan Washington National Airport, Charlotte International Airport, Phoenix Sky Harbor International Airport and Philadelphia International Airport. The US Airways is a member of Star Alliance and has over 285 turbo and regional jets.
5 pages (1250 words) Research Paper
One of its latest innovations includes “New Water Management Program for Netherlands” as on Jun 25, 2013. The company has its business operations flourishing in more than 170 countries, and it also has 70 branches and subsidiaries in total. The branching out of the company leads to international geographic allocation of profits for IBM.
7 pages (1750 words) Research Paper
Corporate Finance Research Paper
The market is largely fragmented with many small to medium players serving different niches of their target market. Essentially, the market is distributed into three distinct categories based on product classification. Carlton falls under the category of Chemical suppliers supplying chemicals to independent distributors who then sell to the end users.
5 pages (1250 words) Research Paper
Corporate Research
However, some instances happen that question the credibility of such laws and standards. One such unfortunate event in the history of accounting data misuse is the ethical
2 pages (500 words) Research Paper
Corporate Governance and Ethical Responsibility Research Paper
Dr. DoRight, the hospital President, is inter-twined into an ethical conundrum and challenge in attempting to rectify these
7 pages (1750 words) Research Paper
Research paper
The research is done via a primary as well as secondary research to arrive at definitive findings and conclusions so as to suggest practical recommendations to address the issue. The
10 pages (2500 words) Research Paper
Comments (0)
Click to create a comment
Let us find you another Research Paper on topic CORPORATE RESEARCH PAPER for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
Join us:
Contact Us