One of the successors of John D. Rockefeller's original Standard Oil Company, Chevron Corporation (NYSE: CVX) was founded in 1879. Chevron has grown to become one of the world's largest multinational oil and gas industry companies with business activities in 22 countries.

Chevron's two primary business divisions are 澳洲幸运5官方开奖结果体彩网:upstream and downstream operations. The upstream division is involved in the exploration and production of oil and natural gas. The downstream operat✨ion covers refining, transportation, and marketing. Chevron is also involved in debt financing, insurance, real estate, and technology development.

Chevron announced its third quarter 2024 results on Nov. 1, 2024. The oil and gas company reported $4.5 billion in sales and other operating revenues in this quarter, compared to $6.5 billion over the same period in the previous year.

Chevron's three largest individual shareholders are members of the company's 澳洲幸运5官方开奖结果体彩网:board of directors or Chevron corporate officers.

Top 3 Individual Insider Shareholders

These shareholders represent only direct ownership. The list doesn't include indirect ownership of shares or shares that are only available through stock options.

Michael K. Wirth

Michael K. Wirth has been 澳洲幸运5官方开奖结果体彩网:chief executive officer (CEO) and chairman of the board of Chevron Corporation since Feb. 1, 2018. Wirth has had a long career at Chevron, having joined the company in 1982 as a design engineer.

He worked his way up the ranks from there, becoming president of marketing for Chevron’s Asia/Middle East/Africa business based in Singapore in 2001. He served as president of global supply and trading from 2003 to 2006 before being named executive vice president of downstream and chemicals, a role he held from 2006 to 2015.

Wirth served as vice chairman of the board in 2017 and as executive vice president of midstream and development from 2016 to 2018 before becoming Chevron's CEO. Over his decades of employment with the company, Wirth has been responsible for overseeing supply and trading, pipeline and power operating units, business development, corporate strategy, and 澳洲幸运5官方开奖结果体彩网:corporate governance.

Wirth was Chevron's single largest individual shareholder as of May 2024, beneficially owning 1,936,473 shares of the company.

Pierre R. Breber

Pierre R. Breber is the vice president and chief financial officer (CFO) of Chevron. He beneficially owned 698,470 shares as of May 2024 and is the second-largest individual Chevron shareholder.

Breber took on this position with Chevron in 2019 after serving as executive vice president of downstream and chemicals. He joined Chevron as a financial analyst in 1989 and has served in numerous capacities since that time. He also held the position of executive vice president of gas and midstream.

Breber guides the United Way Bay Area as chair of the board of directors and serves as a member of the Johnson Advisory Council at Cornell University. He's a board member of the Thurgood Marshall College Fund.

Mark A. Nelson

Mark A. Nelson serves as vice chairman of Chevron and is also executive vice president of oil, products & gas, overseeing the entire value chain. Previously, he acted as executive vice president of downstream and chemicals from 2019 through 2022. He oversaw worldwide manufacturing, chemicals, lubricants, and marketing in that capacity. He also directed the Chevron Phillips Chemical Company joint venture.

He initially joined Chevron in 1985 as an engineer in San Ramon, California. Nelson has performed for Chevron in marketing, retail, business planning, and operations for nearly 40 years as of 2024. His contributions to the industry include having served on the Canadian Council of Chief Executives and Singapore's Economic Development Board.

Nelson beneficially owned 396,906 shares as of May 2024 and is the third-largest Chevron individual shareholder.

Top 3 Institutional Shareholders

Chevron lists four major institutional shareholders that collectively hold more than 589 million beneficially-owned shares. State Street Corporation is the fourth-largest, holding 124,594,421 shares as of May 2024. The other three institutional shareholders are the Vanguard Group, Berkshire Hathaway Inc., and BlackRock, Inc.

The Vanguard Group

The Vanguard Group is an exchange-traded and mutual fund management company. It touts itself as "one of the world's most respected investment management companies." It's been doing business in this capacity since 1975 and had served more than 50 million investors as of Dec. 31, 2023. It offered 426 funds worldwide as of Oct. 31, 2024.

Vanguard was the largest Chevron institutional shareholder as of May 2024, beneficially owning 161,516,631 shares.

BlackRock, Inc.

BlackRock, Inc. is also an ETF and mutual fund management company. It says it focuses on investment stewardship and corporate sustainability. It reported $1.63 billion of total net inflows in the third quarter of 2024. That's a 1.7% increase in revenue from the same period in 2023.

BlackRock held 131,461,833 beneficially-owned shares of Chevon as of May 2024, making it the second largest institutional shareholder.

Berkshire Hathaway Inc./Warren E. Buffett

Warren Buffett needs no introduction. The "Oracle of Omaha" is considered by many to be the most successful investor of the century. He's said to be worth more than $145 billion.

Buffett took majority control over Berkshire Hathaway Inc., a textile manufacturer, in 1965. It became his primary investment and is the holding company of numerous companies with well-known names such as Dairy Queen, Fruit of the Loom, and GEICO.

Buffett and Berkshire Hathaway beneficially owned 126,093,326 shares of Chevron as of May 2024, making them the third largest of Chevron's institutional shareholders.

The Bottom Line

Twenty-five investors held a majority stake of 50% ownership in Chevron as of June 2024. Its three largest individual shareholders are members of the company's board of directors or Chevron corporate officers. The Vanguard Group was the largest institutional shareholder as of May 2024.

It will set you back a healthy piece of change if you want to buy in and join these ranks. Chevron's closing price per share was $159.60 on Nov. 19, 2024.