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4-Traders Homepage  >  Equities  >  Nyse  >  Chevron Corporation    CVX

CHEVRON CORPORATION (CVX)
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Chevron : Celebrates Ribbon-Cutting Ceremony and Philanthropic Donation to LSU

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02/21/2018 | 01:12pm CET

BATON ROUGE, Louisiana, Feb. 20 -- Louisiana State University issued the following news release:

On Feb. 8, Chevron celebrated its longstanding partnership with LSU at a check presentation and a ribbon-cutting ceremony for the Chevron Center for Engineering Education housed in Patrick F. Taylor Hall.

Through its University Partnership Program, Chevron generously donated $850,000 this year in support of 37 units, student organizations and colleges across campus, which include the E. J. Ourso College of Business, the College of Engineering, the College of Science, Campus Life and 15 student organizations. With this donation, Chevron has donated more than $17 million to advance academic excellence at LSU.

Providing a lead gift for the $110 million campaign to renovate Patrick F. Taylor Hall, Chevron has four named spaces within the 410,000 square-foot building: Chevron Center for Engineering Education, Chevron Reservoir Mechanics Laboratory, Chevron Rock and Fluids Property Laboratory and Chevron Reservoir Characterization Laboratory.

Chevron's University Affairs Manager, Bill Hunter, BSPE 1979, has lead Chevron's efforts in its University Partnership Program and initial gift to the building campaign.

"LSU and Chevron have enjoyed a rich partnership together for well over 50 years," said Hunter. "We consider our support to the university to be an investment in the educational experience of LSU students and the workforce of the future. With over 600 Tiger graduates working for Chevron around the world, we get a great return on our investment. Chevron is particularly proud to partner with LSU in the recent renovation of the engineering building and believes that the new Chevron Center for Engineering Education will help prepare LSU engineers to be the leaders of tomorrow."

Leadership is the epitome of the values outlined within LSU's new Strategic Plan 2025 and Chevron's support helps jumpstart careers by creating a pipeline of future leaders.

"Chevron has been paramount in our goal of developing tomorrow's leaders, which is evident through its support of the Freshman Summer Scholars Program, the President's Millennial Scholars Bridge Program, the Chevron Energy Leaders Scholars and the Chevron Leadership Academy," said LSU Executive Vice President and Provost Rick Koubek. "But, Chevron's support goes beyond programmatic initiatives. The Chevron Center for Engineering Education is a forward-thinking space that will transforms the educational experiences for LSU College of Engineering students."

The Chevron Center for Engineering Education is home to the Engineering Communication Studio. It also serves as the hub for LSU College of Engineering students who have an interest in traveling abroad or earning the certification as a LSU Distinguished Communicator.

"Chevron is developing leaders who are prepared to excel in and meet the demands of the global marketplace. LSU is grateful for Chevron's vision and partnership, and together, both are shaping the future of the energy workforce," said Dean of the College of Engineering Judy Wornat.

Chevron Corporation is one of the world's leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.

© 2018 Targeted News Service, source News Service

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Financials ($)
Sales 2018 164 B
EBIT 2018 18 125 M
Net income 2018 11 427 M
Debt 2018 28 305 M
Yield 2018 4,11%
P/E ratio 2018 18,11
P/E ratio 2019 17,95
EV / Sales 2018 1,44x
EV / Sales 2019 1,42x
Capitalization 207 B
Chart CHEVRON CORPORATION
Duration : Period :
Chevron Corporation Technical Analysis Chart | CVX | US1667641005 | 4-Traders
Technical analysis trends CHEVRON CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 136 $
Spread / Average Target 24%
EPS Revisions
Managers
NameTitle
Michael K. Wirth Chairman & Chief Executive Officer
Patricia E. Yarrington Chief Financial Officer & Vice President
Joseph C. Geagea EVP-Technology, Projects & Services Divisions
Robert E. Denham Independent Director
Ronald D. Sugar Lead Independent Director
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