COVID Stimulus Watch Individual Entry

Recipient Company:
Chevron Corp
Loan or Loan Guarantee Amount:
$2,094,279

Recipient Details

Ownership Structure: publicly traded (ticker symbol CVX)

Award Details

Award Date: Sep 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Chevron
Headquartered in: California
Parent Sector: oil and gas
Parent Industry: oil & gas
Employees (prior to pandemic): 48,200

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $6,805,785
Contracting icon
Government-contracting-related Penalties: $10,490,700
Environment icon
Environmental / Healthcare / Safety Penalties: $343,208,055
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $4,328,342
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 236 to 1
CEO Compensation: $33,070,662
Worker Median Pay: $1,400,963
Tax icon
Total Federal, State, and Local Subsidies: $49,683,303
Federal Corporate Income Tax Rate: -4.0%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources