Chevron Research and Development Expenses 2010-2024 | CVX
Chevron annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Chevron research and development expenses for the quarter ending June 30, 2024 were $0.263B, a 55.62% increase year-over-year.
- Chevron research and development expenses for the twelve months ending June 30, 2024 were $947M, a 2.05% increase year-over-year.
- Chevron annual research and development expenses for 2023 were $0.914B, a 6.16% decline from 2022.
- Chevron annual research and development expenses for 2022 were $0.974B, a 77.41% increase from 2021.
- Chevron annual research and development expenses for 2021 were $0.549B, a 64.28% decline from 2020.
Chevron Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$914 |
| 2022 |
$974 |
| 2021 |
$549 |
| 2020 |
$1,537 |
| 2019 |
$770 |
| 2018 |
$1,210 |
| 2017 |
$864 |
| 2016 |
$1,033 |
| 2015 |
$3,340 |
| 2014 |
$1,985 |
| 2013 |
$1,861 |
| 2012 |
$1,728 |
| 2011 |
$1,216 |
| 2010 |
$1,147 |
| 2009 |
$1,342 |
Chevron Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-06-30 |
$263 |
| 2024-03-31 |
$129 |
| 2023-12-31 |
$254 |
| 2023-09-30 |
$301 |
| 2023-06-30 |
$169 |
| 2023-03-31 |
$190 |
| 2022-12-31 |
$453 |
| 2022-09-30 |
$116 |
| 2022-06-30 |
$196 |
| 2022-03-31 |
$209 |
| 2021-12-31 |
$192 |
| 2021-09-30 |
$158 |
| 2021-06-30 |
$113 |
| 2021-03-31 |
$86 |
| 2020-12-31 |
$367 |
| 2020-09-30 |
$117 |
| 2020-06-30 |
$895 |
| 2020-03-31 |
$158 |
| 2019-12-31 |
$272 |
| 2019-09-30 |
$168 |
| 2019-06-30 |
$141 |
| 2019-03-31 |
$189 |
| 2018-12-31 |
$250 |
| 2018-09-30 |
$625 |
| 2018-06-30 |
$177 |
| 2018-03-31 |
$158 |
| 2017-12-31 |
$356 |
| 2017-09-30 |
$239 |
| 2017-06-30 |
$125 |
| 2017-03-31 |
$144 |
| 2016-12-31 |
$191 |
| 2016-09-30 |
$258 |
| 2016-06-30 |
$214 |
| 2016-03-31 |
$370 |
| 2015-12-31 |
$1,358 |
| 2015-09-30 |
$315 |
| 2015-06-30 |
$1,075 |
| 2015-03-31 |
$592 |
| 2014-12-31 |
$510 |
| 2014-09-30 |
$366 |
| 2014-06-30 |
$694 |
| 2014-03-31 |
$415 |
| 2013-12-31 |
$726 |
| 2013-09-30 |
$559 |
| 2013-06-30 |
$329 |
| 2013-03-31 |
$247 |
| 2012-12-31 |
$357 |
| 2012-09-30 |
$475 |
| 2012-06-30 |
$493 |
| 2012-03-31 |
$403 |
| 2011-12-31 |
$386 |
| 2011-09-30 |
$240 |
| 2011-06-30 |
$422 |
| 2011-03-31 |
$168 |
| 2010-12-31 |
$335 |
| 2010-09-30 |
$420 |
| 2010-06-30 |
$212 |
| 2010-03-31 |
$180 |
| 2009-12-31 |
$281 |
| 2009-09-30 |
$242 |
| 2009-06-30 |
$438 |
| 2009-03-31 |
$381 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - International Integrated |
$279.070B |
$200.949B |
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Chevron is one of the largest publicly traded oil and gas companies in the world with operations that span almost every corner of the globe. The only energy component of the Dow Jones Industrial Average, Chevron is fully integrated, meaning it participates in every aspect related to energy from oil production, to refining and marketing. Chevron remains well positioned to navigate the volatility in oil and gas prices.Being an integrated firm engaged in all aspects of the oil and gas business. Chevron divides its operations into two main segments: Upstream and Downstream. Chevron's other activities include transportation and chemicals. Chevron's current oil and gas development project pipeline is among the best in the industry.
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