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Downstream oil in brief: Chevron's retail model, the rise of the DODO?

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14 February 2019

Downstream oil in brief: Chevron's retail model, the rise of the DODO?

Report summary

Chevron's fuel retail business is based around a global network of around 11,000 outlets, operating under the Chevron, Caltex and Texaco brands. But the company owns less than a thousand of these sites, as a growing proportion of its branded retail network is shifting to a Dealer Owned Dealer Operated (DODO) model. Chevron has been gradually reducing its global retail footprint, exiting positions where it lacks competitive advantage in efforts to high-grade its portfolio. The company also has expansion plans in select growth markets.

Table of contents

  • A leaner portfolio – delivering greater efficiency – and selective expansion
  • Retail focus on high-margin lubricants and additives
    • Refining margins
    • Fuels marketingmargins

Tables and charts

This report includes 10 images and tables including:

  • MED gasoline/gasoil crack spreads
  • MED refining margins
  • NWE gasoline/gasoil crack spreads
  • NWE refining margins
  • United Kingdom gross marketing margins
  • France gross marketing margins
  • Germany gross marketing margins
  • Spain gross marketing margins
  • Recent M&A transactions

What's included

This report contains:

  • Document

    Refining Margins.xls

    XLS 294.50 KB

  • Document

    Downstream oil in brief: Chevron's retail model, the rise of the DODO?

    ZIP 942.22 KB

  • Document

    Downstream oil in brief: Chevron, the rise of the DODO?

    ZIP 941.82 KB

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