Marketing91

  • Home
  • Categories
    • Marketing
      • Advertising
      • Branding
      • Sales
      • Retailing
      • Consumer Behavior
      • Distribution
      • Market Research
      • Pricing
      • Product Management
      • Strategy
      • Segmentation
      • Targeting
      • Positioning
      • Services Marketing
      • Articles
    • Digital Marketing
      • Blogging
      • SEO
      • E-commerce
      • PPC
      • Email marketing
      • Social Media Marketing
      • Facebook Marketing
    • Brands Analysis
      • Marketing Mix
      • SWOT
      • Strategies
      • Competitors
      • Lists
      • Expensive
    • Management
      • Customer Management
      • Communication
      • Leadership
      • Decision Making
      • Delegation
      • Organizational Management
      • Motivation
      • Personal Development
      • Project Management
      • Risk Management
      • Team Management
      • Time Management
    • Careers
      • Interviews
    • Business
      • Business Models
      • Logistics
      • Supply Chain
    • Human Resources
    • Skills
  • News
  • About Us
    • Contact Us
  • Academy

SWOT Analysis of Chevron

May 13, 2019 By Hitesh Bhasin Filed Under: SWOT of Brands

Chevron Corporation is an American multinational company which the main line of business is in the energy sector. It was founded on June 19th, 1879 as Pacific Coast Oil Company and was later renamed as Chevron Corporation on June 23rd, 1984. It is headquartered out of California, US. It has operations in more than 180 countries.

Table of Contents

  • Strengths in the SWOT Analysis of Chevron :
  • Weaknesses in the SWOT Analysis of Chevron :
  • Opportunities in the SWOT Analysis of Chevron :
  • Threats in the SWOT Analysis of Chevron :

Strengths in the SWOT Analysis of Chevron :

Brand Value: Chevron ranks at the 63rd position according to the Brand Finance report. Its brand value stands at $17.822 billion. It stands at the 5th largest company in the oil and sector in the world.

SWOT Analysis of Chevron

Complete integration: Chevron has the complete integration from producing, refining to selling products. This ensures the completion of the value chain process. It is present in every step of the way of the process right from obtaining crude to selling the finished products.

Product Portfolio: It has a vast product portfolio ranging from Additives, Aviation Fuel, Chemicals, Fuels, Lubricants, Marine and Base oils & Process oils.

Massive Geographic Presence: Chevron has a wide geographic presence around the globe. It has operations in more than 180 countries. Its major business is concentrated in countries like US, Nigeria, Congo, Angola, Sierra Leone, South Africa, China, Cambodia, Myanmar, Sudi Arabia, Russia, Denmark, Norway, Canada, Brazil, etc.

Oil and Gas Stockpile: As of FY 2015 Chevron has a total of 11.2 billion barrels of oil reserves and 29437 BcF of the natural gas reserve. As of FY 2015, Chevron has 48485 productive wells.

This high reserves with Chevron give it the edge to compete in the market and prove its high efficiency.

Also Read  SWOT analysis of Chick-fil-A

SWOT analysis of Chevron

Weaknesses in the SWOT Analysis of Chevron :

Legal Issues: Chevron has been involved in a number of legal proceeding and unlawful actions. It has been fined by US Environmental Protection Agency (EPA), a civil investigation by Pennsylvania Department of Environmental Protection­ and the Occupational Safety & Health Administration of the US. It was also fined for violating laws as they had not reported excess emissions in the State of New Mexico. Such legal matter damage the brand image of the company.

Poor Financials:

SWOT Analysis of Chevron 2

Increase in Debt: The total debt and capital lease obligations were $38.6 billion as of December 2015 up from $27.8 billion from FY 2014.

Opportunities in the SWOT Analysis of Chevron :

Rising Demand: The demand for natural gas is expected to increase. This could mean a huge opportunity from Chevron to tap into this. The current demand in the US is 76.5 billion cubic feet per day and is expected to rise to 77.4 billion cubic feet per day by 2017.

Renewable Energy Market: The renewable energy is the future. Most of the companies are looking at this lucrative option. Chevron already has a head start as it operates a renewable facility in California, New Mexico and Wyoming. It is currently one of the leading producers of geothermal energy.

Long-term Agreements: Chevron has made some long-term deals with China Huadian Green Energy Company, deals for Chevron Oronite and few exploration deals. This is going to provide a strong footing to Chevron in the long run.

Threats in the SWOT Analysis of Chevron :

Regulations: Government and environmental laws are becoming more and more stringent. The issues regarding the environment, pollution, global warming can cause a huge difficulty for the company’s operations.

Economic Crisis: The falling oil prices in the world market led to many countries cut oil imports. This had caused Chevron a huge loss. If such instability in the market continues it might damage the company’s financials.

Also Read  SWOT Analysis of General Electric

Natural Causes: Any unwanted natural disaster can destroy a pipeline, oil rigs, etc. This is a big worry factor for the company.

Liked this post? Check out these detailed articles on Topic of SWOT of Brands

Alternatively, check out the Marketing91 Academy, which provides you access to 10+ marketing courses and 100s of Case studies.

Marketing91 Academy

About Hitesh Bhasin

Hi, I am an MBA and the CEO of Marketing91. I am a Digital Marketer and an Entrepreneur with 12 Years of experience in Business and Marketing. Business is my passion and i have established myself in multiple industries with a focus on sustainable growth. You will generally find me online at the Marketing91 Academy.

Related posts:

  1. SWOT Analysis of McDonalds
  2. SWOT analysis of Aquaguard – Aquaguard SWOT analysis
  3. SWOT analysis of Absolut Vodka – Absolut SWOT analysis
  4. SWOT analysis of Nivea – Nivea SWOT analysis
  5. SWOT analysis of Zara – Zara SWOT analysis
  6. SWOT Analysis of Hewlett Packard – HP SWOT analysis
  7. SWOT analysis of Youtube – Youtube SWOT analysis
  8. SWOT analysis of Whirlpool – Whirlpool SWOT analysis
  9. SWOT Analysis of Easy Jet – Easy Jet SWOT Analysis
  10. SWOT Analysis of Rado – Rado SWOT Analysis

Join the Marketing91 Academy

Marketing Masterclass

Management Masterclass

Management Masterclass

Communication Course

Communication Masterclass

View All Courses
Economics Masterclass

Economics Masterclass

Sales Masterclass

Sales
Masterclass

Advertising Masterclass

Advertising Masterclass

View All Courses
Leadership Masterclass

Leadership Masterclass

Branding Masterclass

Branding
Masterclass

Strategy Masterclass

Strategy
Masterclass

View All Courses
Not found what you are looking for? Search this website.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement
Recent Posts
  • Informational Power: Definition, Sources and Importance
  • Reward Power in Leadership: Definition and Examples
  • Expert Power: Definition, Examples and Development
  • Legitimate Power: Definition, Examples, Advantages and Disadvantages
  • Nike, Adidas, Shein, and Temu Sent Letter From House China Committee About Forced Labor
Advertisement

Marketing91

MORE INFO

  • About Marketing91
  • Marketing91 Team
  • Privacy Policy
  • Cookie Policy
  • Disclaimer
  • Terms of Use
  • Editorial Policy
  • Advertise
  • Contact us
  • Sitemap

WE WRITE ON

  • Marketing
  • Business
  • Management
  • Brands
  • Digital Marketing
Search
[email protected]

Copyright © 2023 Marketing91 All Rights Reserved