雪佛龙Chevron Corporation (CVX) 1996年年度报告「NYSE」.pdf

1、Chevron Corporation 1996 Annual ReportCHEVRON CORPORATION 1996 ANNUAL REPORTTABLE OFCONTENTS1TO OUR STOCKHOLDERS3FINANCIAL HIGHLIGHTS4OPERATING HIGHLIGHTS6CHEVRON AT A GLANCE7DIMENSIONS OF GROWTHFinding new avenues to increased stockholder valueSTRATEGIES FOR THE FUTURE10Build a committed team toacc

2、omplish the corporate mission.10Continue exploration andproduction growth in interna-tional areas.14Generate cash from NorthAmerican exploration and pro-duction operations,while main-taining value through sustainedproduction levels.16Achieve top financial perform-ance in U.S.refining andmarketing.18

3、Caltex should achieve superiorcompetitive financial perform-ance,while growing in attractivemarkets.19Continue to improve competi-tive financial performance inchemicals,while developing andimplementing attractive opportu-nities for growth.21Be selective in our other businesses.22Focus on reducing co

4、sts acrossall activities.23REPORT ON THEENVIRONMENT24GLOSSARY OF ENERGY ANDFINANCIAL TERMS25FINANCIAL REVIEW60ELEVEN-YEAR FINANCIALSUMMARY62ELEVEN-YEAR OPERATINGSUMMARY63BOARD OF DIRECTORS64OFFICERSWhenever possible,Chevron prints on recycled and recyclable paper.The companyhas printed its Annual Re

5、ports on recycledpaper since 1990.THECHEVRONWAYsets forth the key objectives and principles of the company in five documents the Mission andVision statements,Committed Team Values,Total QualityManagement,Protecting People and the Environment,and Vision Metrics.None is more important to Chevron than

6、the ideals of the Committed Team Values.COMMITTEDTEAMVALUESChevron people working together as a team are the key to success.The following values will guide our decisions and behavior.Honesty and IntegrityWe are honest with ourselves andothers.We demonstrate the highest standard of ethics in allbusin