{
  "slug": "chevron-corporation",
  "symbol": "CVX",
  "name": "Chevron Corp",
  "fiscalYearEnd": "2025-12-31",
  "filing": {
    "accession": "0000093410-26-000078",
    "form": "10-K",
    "filed": "2026-02-24",
    "url": "https://www.sec.gov/Archives/edgar/data/93410/000009341026000078/cvx-20251231.htm"
  },
  "model": "claude-haiku-5-5",
  "promptVersion": "2026-10-31.2",
  "generatedAt": "2026-10-31T19:50:16.325913+00:00",
  "segments": null,
  "sections": {
    "businessModel": [
      {
        "de": "Das Upstream-Geschäft umfasst vor allem die Suche, Erschließung, Förderung und den Transport von Rohöl und Erdgas.",
        "en": "Upstream operations explore for, develop, produce and transport crude oil and natural gas.",
        "quote": "Upstream operations consist primarily of exploring for, developing, producing and transporting crude oil and natural gas"
      },
      {
        "de": "Das Downstream-Geschäft besteht vor allem darin, Rohöl zu Mineralölprodukten zu verarbeiten.",
        "en": "Downstream operations mainly refine crude oil into petroleum products.",
        "quote": "Downstream operations consist primarily of refining crude oil into petroleum products"
      },
      {
        "de": "Das Unternehmen stellt erneuerbare Kraftstoffe her und verkauft sie, darunter erneuerbaren Diesel, Biodiesel, erneuerbares Erdgas und nachhaltigen Flugkraftstoff.",
        "en": "The company makes and sells renewable fuels, including renewable diesel, biodiesel, renewable natural gas and sustainable aviation fuel.",
        "quote": "The company develops, produces and sells renewable fuels, including but not limited to renewable diesel, biodiesel, renewable natural gas (RNG), and sustainable aviation fuel (SAF)."
      },
      {
        "de": "Außerhalb der Vereinigten Staaten belieferte Chevron direkt oder über Händler und Vermarkter ungefähr 5.200 Markentankstellen, einschließlich verbundener Unternehmen.",
        "en": "Outside the United States, Chevron supplied approximately 5,200 branded service stations, directly or through retailers and marketers, including affiliates.",
        "quote": "Outside the United States, Chevron supplied directly or through retailers and marketers approximately 5,200 branded service stations, including affiliates."
      },
      {
        "de": "CPChem stellt Olefine, Polyolefine und Alpha-Olefine her und liefert Aromaten und Polyethylenrohre.",
        "en": "CPChem makes olefins, polyolefins and alpha olefins, and supplies aromatics and polyethylene pipe.",
        "quote": "CPChem produces olefins, polyolefins and alpha olefins and is a supplier of aromatics and polyethylene pipe"
      }
    ],
    "customers": [
      {
        "de": "Chevron verkauft erneuerbares Erdgas an Dritte und über sein Netz von 67 CNG-Tankstellen.",
        "en": "Chevron sells renewable natural gas to third parties and through its network of 67 compressed natural gas stations.",
        "quote": "Chevron sells RNG to third parties and through Chevron’s network of 67 compressed natural gas (CNG) stations"
      },
      {
        "de": "Das Midstream-Geschäft HESM erbringt gebührenbasierte Dienstleistungen für Chevron und Drittkunden in der Bakken-Region.",
        "en": "The midstream business HESM provides fee-based services for Chevron and third-party customers in the Bakken.",
        "quote": "HESM provides fee-based services for Chevron and third-party customers in the Bakken."
      },
      {
        "de": "Chevron verkauft Flugkraftstoff für die zivile Luftfahrt an 58 Flughäfen weltweit.",
        "en": "Chevron sells commercial aviation fuel to 58 airports worldwide.",
        "quote": "Chevron markets commercial aviation fuel to 58 airports worldwide."
      }
    ],
    "competition": [
      {
        "de": "In allen Bereichen der Mineralöl- und Petrochemie-Branche konkurrieren Unternehmen darum, Industrie und Privatkunden mit Energie, Kraftstoffen und Chemikalien zu versorgen.",
        "en": "Companies compete in all sectors of the petroleum and petrochemical industries to supply energy, fuel and chemicals to industry and individual consumers.",
        "quote": "competition exists in all sectors of the petroleum and petrochemical industries in supplying the energy, fuel and chemical needs of industry and individual consumers."
      },
      {
        "de": "Im Upstream-Geschäft konkurriert Chevron mit voll integrierten, weltweit tätigen Ölkonzernen sowie mit unabhängigen und staatlichen Ölgesellschaften um Öl- und Gasförderrechte, andere Grundstücke, Ausrüstung und Arbeitskräfte.",
        "en": "In upstream, Chevron competes with fully integrated major global oil companies, and with independent and national oil companies, for oil and gas leases, other properties, equipment and labor.",
        "quote": "In the upstream business, Chevron competes with fully integrated, major global petroleum companies, as well as independent and national petroleum companies, for the acquisition of crude oil and natural gas leases and other properties and for the equipment and labor required to develop and operate those properties."
      },
      {
        "de": "Im Downstream-Geschäft konkurriert Chevron mit voll integrierten Ölkonzernen, unabhängigen Raffinerie-, Vermarktungs-, Transport- und Chemieunternehmen sowie staatlichen Ölgesellschaften bei Herstellung und Verkauf von Kraftstoffen, Schmierstoffen, Additiven und Petrochemikalien.",
        "en": "In downstream, Chevron competes with fully integrated oil companies, independent refining, marketing, transport and chemicals firms, and national oil companies in making and selling fuels, lubricants, additives and petrochemicals.",
        "quote": "In its downstream business, Chevron competes with fully integrated, major petroleum companies, as well as independent refining and marketing, transportation and chemicals entities and national petroleum companies in the refining, manufacturing, sale and marketing of fuels, lubricants, additives and petrochemicals."
      }
    ],
    "risks": [
      {
        "de": "Die Preise für Rohöl, Erdgas und Erdgasflüssigkeiten sind der wichtigste Faktor für die Ergebnisse des Unternehmens.",
        "en": "Prices of crude oil, natural gas and natural gas liquids are the most significant factor affecting the company's results.",
        "quote": "The most significant factor that affects the company’s results of operations are the prices of crude oil, natural gas, and natural gas liquids"
      },
      {
        "de": "Die Übernahme von Hess könnte dazu führen, dass die Ergebnisse von den Erwartungen abweichen, dass die erwarteten Vorteile nicht erzielt werden und dass laufende Pläne oder der Betrieb gestört werden.",
        "en": "The Hess acquisition could cause results to differ from expectations, could mean the expected benefits are not achieved, and could disrupt current plans or operations.",
        "quote": "The acquisition of Hess may cause Chevron’s financial results to differ from the company’s expectations or the expectations of the investment community, the company may not achieve the anticipated benefits of the acquisition, and the acquisition may disrupt the company’s current plans or operations"
      },
      {
        "de": "Gesetze und Maßnahmen von Regierungen zu Treibhausgasemissionen und Klimawandel könnten die Nachfrage nach Chevrons Kohlenwasserstoff-Produkten und anderen Produkten senken.",
        "en": "Laws and government actions on greenhouse gas emissions and climate change could reduce demand for Chevron's hydrocarbon and other products.",
        "quote": "Legislation, regulation, and other government actions related to GHG emissions and climate change could reduce demand for Chevron’s hydrocarbon and other products"
      },
      {
        "de": "Chevron muss Sanktionen und Handelsgesetze einhalten, etwa die in Venezuela und Russland verhängten Sanktionen, die je nach ihrem Umfang die Geschäfte und Ergebnisse in diesen Ländern beeinträchtigen könnten.",
        "en": "Chevron must comply with sanctions and trade laws, such as sanctions imposed in Venezuela and Russia, which, depending on their scope, could hurt operations and results in these countries.",
        "quote": "Chevron is required to comply with sanctions and other trade laws and regulations of the United States and other jurisdictions where we operate, such as sanctions imposed in Venezuela and Russia, which, depending upon their scope, could adversely impact the company’s operations and financial results in these countries."
      },
      {
        "de": "Chevron hat keine kommerzielle Versicherung und keine Freistellungen durch Dritte, die alle betrieblichen Risiken oder Haftungsfälle nach einem großen Vorfall mit katastrophalen Schäden vollständig abdecken.",
        "en": "Chevron does not have commercial insurance or third-party indemnities to fully cover all operational risks or liability after a major incident causing catastrophic loss.",
        "quote": "The company does not have commercial insurance or third-party indemnities to fully cover all operational risks or potential liability in the event of a significant incident or series of incidents causing catastrophic loss."
      }
    ]
  }
}