Third Quarter 2010 Earnings Conference Call and Webcast Mike Wirth Executive Vice President, Downstream and Chemicals Pat Yarrington Vice President and Chief Financial Officer Jeanette Ourada General Manager, Investor…
Financial Highlights 3Q10 Earnings 3.8 Billion 3Q10 Earnings per Diluted Share 1.87 ROCE (trailing 12 months thru 9/30/10) 15.7% Debt Ratio (as of 9/30/10) 9.4% 2010 Chevron 3
(1) Chevron Earnings 3Q10 vs. 2Q10 Millions Upstream Downstream -978 Other 5,409 -410 -253 3,768 2Q10 3Q10 Earnings Earnings (1) Net income attributable to Chevron Corporation. 2010 Chevron 4
U.S. Upstream Earnings 3Q10 vs. 2Q10 Millions Realizations Opex Other -55 -35 -54 1,090 946 2Q10 3Q10 Earnings Earnings 2010 Chevron 5
International Upstream Earnings 3Q10 vs. 2Q10 Millions Realizations Liftings Exploration Expense -40 -115 FX Effects -210 Other 3,452 -350 -119 2,618 2Q10 3Q10 Earnings Earnings 2010 Chevron 6
Worldwide Net Oil & Gas Production 3Q10 vs. 2Q10 MBOED Base Business Price & External Effects Constraints Major Capital Projects 2 -30 20 2,746 2,738 2Q10 3Q10 2010 Chevron 7
U.S. Downstream Earnings 3Q10 vs. 2Q10 Millions Indicator Realized Margins Margins & Volumes Other -60 5 -29 433 349 2Q10 3Q10 Earnings Earnings 2010 Chevron 8
International Downstream Earnings 3Q10 vs. 2Q10 Millions Margins & Volumes FX Effects 50 Timing Effects -250 542 Other -180 54 216 2Q10 3Q10 Earnings Earnings 2010 Chevron 9
(1) All Other Net Charges 3Q10 vs. 2Q10 Millions -108 Tax -361 Corporate Charges & Other -259 6 2Q10 Net 3Q10 Net Charges Charges (1) Includes mining operations of coal and other minerals, and power generation.…
Downstream Update 2010 Chevron 11
Downstream Restructuring Progress Organizational Restructuring New organizational structure in place 2010 workforce reductions on target 275 MM Refining Improvements Against 2008 Solomon baseline Portfolio Actions US East…
Capital Project Progress Ras Laffan Olefins Complex CPChem (26% interest) Started up 2Q 2010 Yeosu Heavy Oil Upgrade 60 MBD hydrocracker Started up 3Q 2010 Pascagoula Continuous Catalytic Reformer Final commissioning in 4Q…
Strategic Progress Strong Safety Performance Downstream Restructuring on Track Australia Exploration Success Acme-1 Brederode-1 Portfolio Additions Liberia China Pearl River Mouth Basin Turkish Black Sea Gulf of Mexico…