We strive to achieve world-class performance in our business by operating responsibility, according to the vision and values of The Chevron Way. Below are summaries of important performance achievements and events from 2007.
For additional information about our performance please go to Charts & Tables.
Key:
Area of performance improvement.
Area of performance decline.
Unchanged or no significant improvement or decline.
| Socioeconomic |
| Fatalities (workforce) |
12 |
17 [0] |
| Days Away From Work Rate (workforce incidents per 200,000 hours worked) |
0.09 |
0.07 [0.08] |
| Total Recordable Incident Rate (workforce incidents per 200,000 hours worked) |
0.42 |
0.35 |
| Company motor vehicle incidents (per million miles driven)1 |
0.82 |
0.82 |
| Percent of females and non-Caucasian males at the senior executive level worldwide |
21.4 |
24.5 |
| Percent of females at midlevel positions and above worldwide |
10.3 |
10.6 |
| Total corporatewide spending in community investment (US$ millions) |
90.8 |
119 |
| Environmental |
| Number of petroleum spills |
803 |
826 |
| Volume of petroleum spills (barrels) |
6,099 |
9,245 |
| Global VOC emissions (thousands of metric tons) |
384 |
261 |
| Global SOx emissions (thousands of metric tons) |
118 |
92 |
| Global NOx emissions (thousands of metric tons) |
138 |
145 |
| Number of environmental, health and safety fines and settlements |
699 |
684 |
| Total GHG emissions (millions of metric tons of CO2 equivalent) |
61.5 |
60.7 [63.5] |
| GHG emissions from flaring and venting (millions of metric tons of CO2 equivalent) |
16.4 |
14.5 |
| Energy efficiency performance (percentage improvement since 1992 baseline) |
27 |
27 [27] |
| Net income |
$17,138 |
$18,688 |
| Sales and other operating revenues |
$204,892 |
$214,091 |
| Capital and exploratory expenditures1 |
$16,611 |
$20,026 |
| Total assets at year-end |
$132,628 |
$148,796 |
| Total debt at year-end |
$9,838 |
$7,232 |
| Stockholders' equity at year-end |
$68,935 |
$77,088 |
| Per-share data |
| - Net income - diluted |
$7.80 |
$8.77 |
| - Cash dividends |
$2.01 |
$2.26 |
| - Common stock price at year-end |
$73.53 |
$93.33 |
| Return on average stockholders' equity |
26.0% |
25.6% |
| Total debt to total debt-plus-equity ratio |
12.5% |
8.6% |
| Tax expense |
| - U.S. income taxes |
$3,609 |
$2,009 |
| - International income taxes |
$11,229 |
$11,470 |
| - Taxes other than on income |
$20,883 |
$22,266 |
| Research and development |
$468 |
$562 |
| Stock repurchases |
$5,000 |
$7,000 |
| Net production of crude oil and natural gas liquids (Thousands of barrels per day) |
1,732 |
1,756 |
| Net production of natural gas (Millions of cubic feet per day) |
4,956 |
5,019 |
| Other produced volumes (Thousands of barrels per day) |
109 |
27 |
| Net oil-equivalent production (Thousands of oil-equivalent barrels per day) |
2,667 |
2,619 |
| Refinery input (Thousands of barrels per day) |
1,989 |
1,833 |
| Sales of refined products (Thousands of barrels per day) |
3,621 |
3,484 |
| Net proved reserves of crude oil, condensate and natural gas liquids (Millions of barrels) |
| - Affiliated companies |
2,512 |
2,422 |
| - Consolidated companies |
5,294 |
4,665 |
| Net proved reserves of natural gas3 (Billions of cubic feet) |
| - Affiliated companies |
2,974 |
3,003 |
| - Consolidated companies |
19,910 |
19,137 |
| Net proved oil-equivalent reserves3 (Millions of barrels) |
| - Affiliated companies |
3,008 |
2,922 |
| - Consolidated companies |
8,612 |
7,855 |
| Number of employees at year-end |
55,8824 |
59,1625 |
| Total payroll (US$ billions) |
3.50 |
4.02 |
| Employee benefit costs (US$ millions) |
1,742 |
2,100 |