Chevron Corporation operates within the Petroleum refining sector. In addition to historical fundamental analyses, the complete report available to purchase compares Chevron with three other companies in this sector in UNITED STATES : NK Lukoil PAO (2019 sales of $121.30 billion of which 96% was Refining, Marketing & Distribution), Marathon Petroleum Corp ($124.13 billion of which 70% was Refining & Marketing), and Valero Energy Corporation ($108.32 billion of which 96% was Refining).

Sales Analysis. During the year ended December of 2019, sales at Chevron were $140.16 billion. This is a decrease of 11.7% versus 2018, when the company's sales were $158.77 billion. Contributing to the drop in overall sales was the 12.8% decline in Downstream-Refining, Marketing and Trans, from $129.47 billion to $112.93 billion. There were also decreases in sales in Upstream-Exploration and Production (down 2.8% to $58.99 billion) . However, these declines were partially offset by the increase in sales of All Other (up 3.8% to $1.08 billion) .