Insight
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
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Margins
- 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:
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