Chevron
Pumps oil and gas, refines them and sells gasoline and other fuels.
📖 Its story
In 1876, some explorers found oil in Pico Canyon, in the mountains near Los Angeles. In 1879, merchants from San Francisco started the Pacific Coast Oil Company to make use of it. Over time, that company became Chevron.
💵 How it makes money
By selling oil, natural gas, gasoline and chemical products.
🤯 Fun fact
The Pico No. 4 well, from 1876, was the first successful commercial oil well in California.
👍 The good part
It works in many countries, which gives it several sources of energy.
⚠️ The risk
It depends on the price of oil, which goes up and down a lot, and many countries want cleaner energy.
🧠 Did you get it?
In what U.S. state was the oil found that Chevron started with?
🗂️ Quick facts
- Founded in: 1879
- Founded by: Explorers and merchants from San Francisco (Pacific Coast Oil Co.)
- Home: Houston, Texas, USA
🔎 How to find it on the stock market
- Search the internet for CVX stock.
- You can also find it in your parents' investing app with the letters CVX.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Chevron. Ask your mom or dad to join the list.
Join the list