
Havoline is owned by Chevron Corporation, a publicly traded American integrated energy company founded in 1879 and headquartered in Houston, Texas. Chevron trades on NYSE under ticker CVX. Havoline was introduced in 1904 by the Havemeyer Oil Company of New York, passed to Texaco in 1931, and came to Chevron through the 2001 Chevron-Texaco merger. The brand markets passenger car motor oils, transmission fluids, and antifreeze products in more than 100 countries.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Havoline | Chevron Corporation | Wholly owned |
Havoline was introduced in 1904 by the Havemeyer Oil Company of Yonkers, New York, founded by sugar refining heir John F. Havemeyer in 1901. The brand name derived from the company's cable address "Havoil," combining the first syllable of Havemeyer with the word oil. Havemeyer's chemists developed a cold-filtration dewaxing process that kept the oil flowing in cold weather, a genuine innovation when early motor oils thickened into unusable masses in winter.
The Havoline trademark was registered in 1906. In 1909, the Indian Refining Company acquired Havemeyer Oil and the Havoline name, marketing the oil under its red-white-and-blue Indian brand identity. Texaco purchased Indian Refining in 1931, absorbing Havoline into its lubricant portfolio.
Under Texaco, Havoline became one of America's best-known motor oil brands, promoted through decades of motorsports sponsorship and retail availability at Texaco stations. When Chevron and Texaco merged in 2001, Havoline survived the consolidation and today carries the Chevron shield on its packaging in most markets.
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.
Havoline products are marketed with fuel economy and extended-drain claims that reduce waste oil generation. Chevron's lubricant plants operate under corporate environmental management systems, and the company has invested in re-refined base oil and lower-carbon product formulations. The brand's long-term challenge is structural: electric vehicles do not use engine oil, shrinking the category over time.
Havoline has a long motorsports history, including decades of Texaco-Havoline sponsorship in IndyCar and NASCAR, most famously with Juan Pablo Montoya and the Ganassi racing program. Havoline ProDS formulations meet current API SP and ILSAC GF-6 industry standards.
Havoline has no significant modern recall or controversy record. Its history includes an early trademark dispute with Valvoline in 1913, which Havoline survived as a distinct brand.
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 |
|---|---|---|---|---|---|---|
| Exxon Mobil | USA | 1974 | Premium | Global | All Genders | |
| Costco | USA | 1995 | Mass market | United states | All Genders |
AutomotiveOwned by Exxon Mobil Corporation
Premium full-synthetic motor oil brand introduced in 1974 by Mobil Oil Corporation, now owned by ExxonMobil and sold in over 150 countries.
AutomotiveOwned by Costco Wholesale Corporation
Costco's private label motor oil under Kirkland Signature, manufactured by Warren Distribution and sold exclusively to Costco members in full synthetic and conventional formulations.
Market Positioning: Havoline competes with 2 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.
Looking for brands with different ownership structures? These similar brands are not owned by Chevron Corporation, giving you alternative choices that support different corporate structures.
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Hyundai is privately owned, unlike Havoline which is under a publicly traded parent company.
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American battery distributor founded in 1952, specializing in automotive, commercial, and consumer batteries, headquartered in Dallas, Texas.
Interstate Batteries is privately owned, unlike Havoline which is under a publicly traded parent company.
AutomotiveOwned by Hyundai Motor Group
South Korean automobile manufacturer known for sporty design and value positioning, part of Hyundai Motor Group.
Kia is privately owned, unlike Havoline which is under a publicly traded parent company.
AutomotiveOwned by AutoNation, Inc.
America's largest single-brand automotive retailer, operating new-vehicle franchises, collision centers, and service operations under one national banner.
AutoNation operates independently without a large parent corporation.
AutomotiveOwned by Hercules Tire and Rubber Company
Budget tire brand owned by Hercules Tire and Rubber Company, a subsidiary of American Tire Distributors, offering affordable tires for passenger vehicles, light trucks, and commercial vehicles.
Ironman Tires is privately owned, unlike Havoline which is under a publicly traded parent company.
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CarMax operates independently without a large parent corporation.
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