CHEVRON INTERNATIONAL EXPLORATION AND PRODUCTION COMPANY LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. CHEVRON INTERNATIONAL EXPLORATION AND PRODUCTION COMPANY LIMITED 2022-10-25 → present
2. CHEVRON EURASIA PACIFIC LIMITED 2022-02-28 → 2022-10-25
3. CHEVRON NORTH SEA HOLDINGS LIMITED 2019-03-07 → 2022-02-28

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CHEVRON INTERNATIONAL EXPLORATION AND PRODUCTION COMPANY LIMITED · parent
   1. Chevron Britain Limited 100% · UK
   2. Chevron UK Finance Limited 100% · UK · financing activities with affiliates of the company

Significant events

• “Since the year end the company has made at total of $163million in cash contributions in exchange for the issuance of shares in Chevron UK Finance Limited, a 100% owned subsidiary.”
• “In February 2025, the Board of Directors approved a reduction in company share premium of $400million, from $941million to $541 million by which the company's distributable reserves were increased by $400million.”
• “On March 12th, 2025, all the funds loaned to Chevron Finance Holding Limited were called back the Company and on March 14th a dividend of $2.75billion was paid to Chevron Products UK Limited.”
• “To enter into hive-up agreements to intragroup transfer certain assets from Chevron Britain Limited that were excluded assets from the marketing process. The transfer, of the assets, at net book value, were completed with a combination of intercompany loans and a dividend in kind.”
• “Agreed to make cash contributions of $277 million in exchange for the issuance of shares in Chevron UK Finance Limited, a 100% owned subsidiary.”
• “To stop the marketing process and to retain the working interest of the Clair Field and associated assets in the UK North Sea.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

3

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +14.4%

  £44,068,940 → £50,432,172

• Cash

  —

  Not reported

• Net assets

  +6.8%

  £2,501,437,361 → £2,670,587,102

• Employees

  +22.7%

  44 → 54

• Operating profit

  +674.3%

  -£2,934,766 → £16,855,448

• Profit before tax

  +21.3%

  £159,426,242 → £193,452,928

• Wages

  +26.1%

  £28,400,297 → £35,800,593

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers