
ExtraMile is a convenience store franchise operated by ExtraMile Convenience Stores LLC, a joint venture between Chevron U.S.A. Inc. and Jacksons Food Stores formed in February 2018. Chevron Corporation, the publicly traded parent of Chevron U.S.A., trades on NYSE under ticker CVX and is headquartered in Houston, Texas. The ExtraMile network includes approximately 1,200 stores across 11 states as of 2026, with roughly three-quarters located in California. The brand traces to c-stores Chevron began opening at its stations in the 1990s.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| ExtraMile | Chevron Corporation | Joint venture |
Chevron created the ExtraMile convenience store concept in the 1990s as a branded retail format for its company-owned fuel stations, initially concentrated in California, Oregon, and Washington. The brand name referenced the company's "go the extra mile" service positioning.
In September 2017, Chevron U.S.A. and Jacksons Food Stores announced a joint venture to accelerate the brand's growth, and ExtraMile Convenience Stores LLC officially began operations on February 1, 2018. Chevron's more than 250 company-operated ExtraMile locations became franchisees of the new company, while Jacksons converted its 60-plus convenience stores at Chevron and Texaco sites to the ExtraMile banner during 2018.
The franchise model drove rapid expansion. ExtraMile passed 500 franchised locations roughly a decade after the first store, then grew past 800 stores concentrated in the Pacific states. Growth subsequently spread east, and by 2026 the network reached approximately 1,200 stores across 11 states, making it one of the largest gas station convenience store brands in the country.
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.
ExtraMile's sustainability profile tracks its parent's footprint. Stores participate in Chevron's retail environmental standards, and the format's fresh food programs have expanded healthier convenience options. Tobacco sales remain a core category, drawing the usual public health criticism directed at convenience retail.
ExtraMile consistently places among the top gas station convenience store brands in industry rankings by store count and has been covered in convenience trade press for its food service modernization and franchise growth milestones, including its 500th franchised location.
ExtraMile has no significant brand-level recall or controversy record. Standard c-store exposure applies: age-restricted product compliance, food safety across fresh programs, and occasional site-level incidents typical of the category.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Seven And I Holdings | Japan (corporate) | 1927 | Mass market | Global | All-ages | |
| Alimentation Couche Tard | Canada (parent) | 1951 | Mass market | Global | All Genders | |
| Itochu | Japan | 1973 | Mass market | Asia pacific | All Genders | |
| Valero Energy | USA | 1980 | Mass market | United states | Unisex |
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Market Positioning: ExtraMile competes with 4 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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