Techron is Chevron's proprietary detergent additive blended into all grades of Chevron gasoline and diesel. Chevron markets it for cleaning engine deposits and maintaining fuel system performance.

How many Chevron stations are there in the US?

Approximately 7,100 Chevron-branded stations operate across 22 US states and territories as of 2026, with about a quarter located in California.

What is the difference between Chevron and Texaco stations?

Both brands are owned by Chevron Corporation following the 2001 merger. Chevron branding dominates the West Coast, while Texaco stations are concentrated in Texas, the Southeast, and Latin America. Both sell fuel with Techron.

Are Chevron stations franchised?

Yes. Most Chevron stations are independently owned and operated by marketers who license the Chevron brand and purchase branded fuel under supply agreements.

Energy & Utilities

Who Owns Chevron?

Q: Is Chevron publicly traded?

The Chevron brand itself is not publicly traded. Its parent company, Chevron Corporation, trades on the NYSE under ticker CVX.

Chevron is the flagship fuel retail brand of Chevron Corporation, a publicly traded American integrated energy company founded in 1879 and headquartered in Houston, Texas. Chevron Corporation trades on NYSE under ticker CVX. The Chevron station network includes approximately 7,100 locations across 22 US states and territories as of 2026, with California and Texas as its largest markets. All Chevron stations sell gasoline and diesel formulated with Techron, the brand's proprietary detergent additive.

Parent Company

Chevron Corporation

Founded

1930

Status

Publicly Traded

Headquarters

Houston, Texas, USA

Chevron Timeline

1879

Chevron Corporation

Parent company established in Houston, Texas, USA

Company Founded

1930

Chevron

Founded by Standard Oil Company of California

Founded

mid rangemass marketUnited StatesunisexOfficial Website

Who Owns Chevron?

Parent Company: Chevron Corporation
Ownership Type: Wholly owned
Company Type: Publicly Traded
Stock Ticker: NYSE: CVX

Brand	Parent Company	Ownership Type
Chevron	Chevron Corporation	Wholly owned

History of Chevron

Founded: 1930
Founders: Standard Oil Company of California

The Chevron name originated in the 1930s when Standard Oil Company of California introduced the Chevron identity for its gasoline products. The name came from the company's heraldic chevron-shaped logo device, which had been part of its visual identity since the early twentieth century.

Standard Oil of California had been separated from the original Standard Oil trust in 1911 following the Supreme Court's antitrust breakup order. The company built its retail presence across the western United States, and the Chevron name gradually became associated with its premium fuel offerings.

In 1984, the company acquired Gulf Oil Corporation in a $13.3 billion transaction, then the largest merger in US corporate history. Following the Gulf acquisition, Standard Oil of California changed its corporate name to Chevron Corporation, adopting the consumer-facing brand name for the entire enterprise.

Chevron expanded the station brand through the 2001 merger with Texaco, which brought the Texaco and Havoline brands into the portfolio. Texaco-branded stations continue to operate alongside Chevron stations in the United States and Latin America, while Caltex branding serves parts of Asia-Pacific and Africa.

About Chevron Corporation

What does Chevron own?
Chevron owns an integrated portfolio of energy assets including oil and gas exploration and production facilities, refineries, retail fuel stations, and petrochemical manufacturing operations through Chevron Phillips Chemical Company. The company's major brands include Chevron, Texaco, Caltex, Havoline, Delo, and Extra Mile. Following the July 2025 acquisition of Hess Corporation, Chevron also owns a 30% stake in the Stabroek Block off Guyana with more than 11 billion barrels of recoverable oil.

Is Chevron publicly traded?
Yes, Chevron is publicly traded on the New York Stock Exchange under the ticker symbol CVX. The company has been publicly traded since the early 20th century and is one of the largest energy companies by market capitalization in the United States. It is a component of the Dow Jones Industrial Average.

Who founded Chevron?
Chevron traces its origins to the Pacific Coast Oil Company, founded in 1879 in San Francisco by California entrepreneurs. The company became part of Standard Oil in 1900 and operated as Standard Oil of California until the Standard Oil breakup in 1911. The Chevron name was adopted in 1984 following the acquisition of Gulf Oil.

Where is Chevron headquartered?
Chevron is headquartered in Houston, Texas, USA. The company relocated its headquarters from San Ramon, California, to Houston in 2024, with the move effective January 1, 2025. Chevron had approximately 7,000 employees in the Houston area at the time of the announcement. Positions supporting California operations remain in San Ramon.

How many brands does Chevron own?
Chevron owns 6 major brands across its energy portfolio: Chevron (premium fuel), Texaco (fuel brand), Caltex (international fuel brand), Havoline (motor lubricants), Delo (heavy-duty lubricants), and Extra Mile (convenience stores).

Who owns Chevron?
Chevron is publicly owned with no controlling shareholder. Ownership is broadly distributed among institutional investors, mutual funds, and individual shareholders. Major institutional shareholders include Vanguard Group, BlackRock, and State Street Global Advisors, typical of large-cap U.S. corporations.

What is Chevron's revenue?
For FY2025, Chevron reported total revenues and other income of $189.0 billion, down from $202.8 billion in FY2024. Net income attributable to Chevron was $12.3 billion, or $6.63 per diluted share. The decline reflected lower crude oil prices, partly offset by higher production from the Hess acquisition and record Permian Basin output.

Has Chevron made major acquisitions recently?
Yes. Chevron completed its acquisition of Hess Corporation on July 18, 2025, for approximately $53 billion in an all-stock transaction. The acquisition gives Chevron a 30% stake in the Stabroek Block off Guyana, with more than 11 billion barrels of recoverable oil. The deal faced an arbitration challenge from ExxonMobil and CNOOC, which the International Chamber of Commerce resolved in Chevron's favor.

Founded: 1879
Headquarters: Houston, Texas, USA
Company Type: Publicly Traded
Stock: NYSE: CVX
Revenue: $189.0 billion (FY2025)
Employees: Approximately 43,000

Visit Chevron Corporation website

View full company profile for Chevron Corporation

Where Is Chevron Made / Based?

Headquarters: Houston, Texas, USA
Manufacturing / Operations: United States, Canada, Mexico

Chevron Categories & Tags

Gas Station Fuel Retail Techron Extramile Gasoline

Chevron Sustainability & Ethics

Chevron operates under Chevron Corporation's environmental framework, which includes methane intensity reduction targets and investments in carbon capture, hydrogen, and renewable fuels. The company has faced sustained criticism from environmental groups over its carbon emissions and climate litigation, including a decades-long dispute over pollution in Ecuador's Amazon region inherited through the Texaco acquisition.

Awards & Recognition

Chevron fuel with Techron has earned TOP TIER Detergent Gasoline certification since the program's inception, meeting stricter engine cleanliness standards set by automakers. Chevron stations regularly rank in the top tier of J.D. Power and consumer satisfaction studies for fuel brands.

Chevron Recalls & Controversies

Ecuador litigation: Chevron inherited a long-running environmental case through the Texaco acquisition, involving alleged pollution in Ecuador's Amazon region. A 2011 Ecuadorian court judgment against the company was later ruled fraudulent by a US federal court and the case remains contested internationally.

Climate lawsuits: Multiple US states and municipalities have filed lawsuits against Chevron and other oil companies alleging climate-related damages and consumer deception regarding fossil fuel impacts.

Chevron Ownership: Pros & Cons

Advantages

+Backed by a vertically integrated energy company with refining and supply infrastructure
+Techron additive provides a differentiated fuel quality claim
+Large franchise network concentrated in high-population western states
+ExtraMile c-store partnership adds non-fuel revenue at roughly 1,200 sites

Considerations

-Station network is geographically concentrated, with no presence in most Midwest and Northeast states
-Brand is exposed to gasoline demand decline as EV adoption grows
-Franchise model means customer experience varies by station operator
-Carbon intensity of the core fuel business attracts regulatory and activist pressure

Frequently Asked Questions About Chevron

Sources & Further Reading

Competitors to Chevron

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

Brand	Parent Company	Country	Founded	Market Position	Primary Market	Gender Target
Beacon	Valero Energy	USA	1947	Value	United states	Unisex
Diamond Shamrock	Valero Energy	USA	1967	Mass market	United states	Unisex
Valero	Valero Energy	USA	1980	Mass market	United states	Unisex
76	Phillips 66	USA	1932	Mass market	United states	All Genders
Conoco	Phillips 66	USA	1875	Mass market	United states	All Genders
Costco Gasoline	Costco	USA	1995	Mass market	United states	All Genders