Marshall Kilian, Chris Sowa, Kurtis Kubala

Marshall Kilian, Chris Sowa, Kurtis Kubala

TLC 311

Henry

9/24/02

Yi, Matthew. “Report: Chevron avoided billions; Oil giant denies new charges of abusing foreign tax credits.” San Francisco Chronicle, Sept 13, 2002 pB1.

This article discusses current problems that Chevron is encountering. Apparently Chevron and Texaco before the merger had an arrangement in which they claimed foreign tax credits that they never paid. The professors from the University of Michigan said that they committed about $2 billion worth of fraud. A settlement was reached earlier for a similar infraction. The IRS is investigating.

“Regulators approve Chevron acquisition of Texaco.” Associated Press. Sept 9, 2001.

This article details the merger between Chevron and Texaco being approved. Then it was a deal between the No.2 and No.3 companies in the business. It outlines the $44 billion deal. It discusses what each company had to give up in order for the merger to be approved.

Palmeri, Christopher. “An Oil Giant Springs a leak.” Business Week. Aug 5, 2002.

This article discusses how Chevron’s investment in Dynegy has failed because the energy company is not performing as well as CEO David O’Reilly hoped. It also details the relationship between Dynegy and Chevron. It also discusses Chevron’s current place among the oil markets and it’s other difficulties in the oil industry. And how O’Reilly plans on turning the companies misfortunes around through aggressive cost cutting and the search for oil in alternate places. It also says that the company has yet to define itself unlike it’s competitors.

O’ Connell, Patricia. “The Green Arm of an Oil Giant.” Business Week. June 12, 2002.

This is an interview with the head of the CES division of Chevron which explores alternative energy sources and develops new technology. It pretty much talks about why Chevron would research this type of technology.

Banerjee, Neela. “Chevron Texaco Gets Some Help From $30 Oil.” New York Times. Aug. 30 2002.

This article outlines Chevrons current difficulties with stock, Dynegy, consumer confidence, but it also points out that the picture seems to be improving for the company for the first time since the merger. Also has an overview of 2002 earnings.

Barrionuevo, Alexei. “Chevron Texaco's Profit Drops 81%.” Wall Street Journal. July 31, 2002.

This article pretty much outlines what the title is. Chevron’s poor performance since the merger is a troubling to consumers.

Chevron and ChevronTexaco websites

and

Obviously important on doing research about Chevron is to go straight to the source. Offers up to date information on investments, earnings, and other news that concerns the company. A bias view of course but still able to get the sense of what the company is all about through their own words.

This article discusses a new joint technology development project between ChevronTexaco Corp. and Schlumberger that will combine advanced production technologies with real time data.

This webpage provides an explanation of the ChevronTexaco way, which includes what the company believes and plans to accomplish. These concepts are applied not only to those that work at the company, but also those who interact with ChevronTexaco Corp.

This page provides information about the company’s roots and its global scope. A map of operations in more than 180 countries and a corporate fact sheet are provided also.

This webpage shows the evolution of the company’s name and logo from Pacific Coast Oil Co. (1879) to the present hallmark logo design.

Kozlova, Marina.United Press International. September 23, 2002.

This article discusses ChevronTexaco’s latest business endeavor. The oil giant will invest $3 billion in the Kazakhoil industry, mainly in the Tengiz field in western Kazakhstan. Tengiz is one of the world’s largest oil fields.

Banerjee, Neela and David Cay Johnston. Contra Costa Times. September 13,2002.

This article shows the increased scrutiny on corporations in America today. ChevronTexaco is said to have evaded $3.25 billion in federal and state taxes over a thirty year period ending in 2000. This is believed to have happened through a complex pricing scheme ina project in Indonesia.

Calgary Herald Tuesday September 17,2002

This article provides background information on Jim Simpson. Simpson was named head of ChevronTexaco’s new Middle East and Africa unit.

Forbes.com

This webpage provides a great amount of detailed financial information on ChevronTexaco (CVX). This includes key ratios and statistics, revenues, earnings, and ownership.

This webpage provides biographical information on 20 executives of ChevronTexaco from chairman David J. O’Reilly to the 12 directors.

Hoovers Online

This capsule provides a wide range of information from general company data to links about competitors and its subsidiaries/affiliates. This web address also allows for individuals to order books and buy reports on the corporations in addition to readings and press releases concerning ChevronTexaco.

This web address is where one can download the 66-page ChevronTexaco 2001 Annual Report. An overview and financial summary are found here in addition to product information and company history timeline.

Solomon Smith Barney Online

ectype=EQUITY

This page provides up to the moment stock price for the company

Annual Financial Charts for the last five years, which includes annual earnings per share, net sales, and balance sheet.

Business Summary as well as fact sheet for the ChevronTexaco Company for the years 2001 to Present

Compiled By Eric V. Thompson, University of Virginia

Areas of operation and consultation for ChevronTexaco in the Gulf Region separated by country.