Chevron (CVX) risk factors, FY2025 10-K

BUSINESS AND OPERATIONAL RISK FACTORS

1. 01Chevron is exposed to the effects of changing commodity prices
2. 02The scope of Chevron’s business will decline if the company does not successfully develop resources
3. 03The company’s operations could be disrupted by natural or human causes beyond its control
4. 04Cyberattacks and events affecting Chevron’s operational technology networks or other digital infrastructure could have a material adverse impact on the company’s business and results of operations
5. 05Chevron is incorporating artificial intelligence technologies into its processes and these technologies may present business, compliance, and reputational risksNew
6. 06The company’s operations have inherent risks and hazards that require significant and continuous oversight
7. 07The company does not insure against all potential losses, which could result in significant financial exposure
8. 08The acquisition of Hess may cause Chevron’s financial results to differ from the company’s expectations or the expectations of the investment community, the company may not achieve the anticipated benefits of the acquisition, and the acquisition may disrupt the company’s current plans or operations86% rewritten
9. 09One of our subsidiaries acts as the general partner of a publicly traded limited partnership, Hess Midstream LP, which may involve a potential legal liabilityNew

LEGAL, REGULATORY AND ESG-RELATED RISK FACTORS

1. 10Chevron’s business subjects the company to liability risks from litigation or government action
2. 11Political instability and significant changes in the legal and regulatory environment could harm Chevron’s business
3. 12Legislative or regulatory changes in tax laws may expose Chevron to additional tax liabilities
4. 13Legislation, regulation, and other government actions and shifting customer and consumer preferences and other private efforts related to greenhouse gas (GHG) emissions and climate change could continue to increase Chevron’s operational costs and reduce demand for Chevron’s hydrocarbon and other products, resulting in a material adverse effect on the company’s results of operations and financial condition
5. 14Attention to environmental, social, and governance (ESG) matters impacts our company
6. 15Our ambitions and disclosures related to ESG matters subject us to numerous risks that may negatively impact our reputation and stock price or result in other material adverse impacts to the company43% rewritten

GENERAL RISK FACTORS

1. 16Changes in management’s estimates and assumptions may have a material impact on the company’s consolidated financial statements and financial or operational performance in any given period