Prepare for your Chevron interview

Oil and gas investment, energy transition strategy, and M&A valuation for energy majors balancing returns and transition.

The Interview

What Chevron is looking for

Investment Interview

Capital & Strategic Investment

01Oil & Gas Project Valuation

02M&A Strategy & Integration

03Renewable Energy Investments

04Returns Prioritization

Behavioral Interview

01Disciplined Thinking

02Long-term Value Focus

03Risk Management

04Execution Excellence

Focus on disciplined capital allocation and returns//Deep expertise in major oil and gas projects//Balanced energy transition approach

Practice Library

Chevron exercises

Ready to ace your Chevron interview?

Prepare for your Chevron interview

Oil and gas investment, energy transition strategy, and M&A valuation for energy majors balancing returns and transition.

The Interview

What Chevron is looking for

Investment Interview

Capital & Strategic Investment

01Oil & Gas Project Valuation

02M&A Strategy & Integration

03Renewable Energy Investments

04Returns Prioritization

Behavioral Interview

01Disciplined Thinking

02Long-term Value Focus

03Risk Management

04Execution Excellence

Focus on disciplined capital allocation and returns//Deep expertise in major oil and gas projects//Balanced energy transition approach

How It Works

Master Chevron Interviews

Oil and gas investment strategy and M&A valuation for energy companies. · Click to expand

Energy Transition Economics

Practitioner

Portfolio Strategy

Practitioner

1Your Energy Goals

2Energy Case Prep

Chevron acquired Hess for $53B in Gulf of Mexico assets. Model value creation under...

CASE INTERVIEWHard

Energy · M&A ValuationChevron

3Frameworks

Framework

Are the financial returns attractive relative to fossil fuel portfolio?

What is the true levelized cost of electricity (LCOE) including integration risk?

Solar LCOE: $25–35/MWh (down 85% since 2010)

Onshore wind: $35–45/MWh (down 70% since 2015)

Grid integration & storage costs add $15–20/MWh

What are the revenue risks as fossil fuel demand declines?

Oil demand growth flattening: +0.5% CAGR vs. +2% historically

Long-term oil price assumptions dropping: $60–80/bbl (was $100+)

Can we execute renewable builds at scale while managing technical risk?

Do we have supply chain capacity to deploy 50GW by 2035?

Global panel production: 500GW/yr capacity (sufficient)

Skilled labor shortage in turbine installation across EU/US

Battery storage economics viable at grid scale?

Li-ion battery cost: $130–150/kWh (down 90% since 2010)

8–10 year cycle = ~15–20 cycles before replacement

Will fossil fuel companies dominate the renewables transition or face disruption?

What competitive advantage do incumbent oil majors have?

Capital access: can raise $10B+/yr at 4–5% cost of capital

Land access: own or control land for solar/wind in key regions

Grid expertise & transmission assets from oil/gas infrastructure

Threat from pure-play renewables (NextEra, Ørsted) or tech entrants?

NextEra Energy (150GW renewable capacity) growing 12% CAGR

Autonomous vehicle batteries + grid storage create new demand vectors

Can we navigate regulatory and geopolitical headwinds?

Will carbon taxes or bans on oil/gas accelerate faster than expected?

EU carbon border adjustment: €80–140/ton CO2 by 2030

Unilateral oil bans unlikely but LNG demand shifting: -2% annually

Geopolitical risk: energy nationalism and supply chain fragmentation?

Critical minerals (lithium, cobalt) concentrated in 3 countries: 60% supply

US Inflation Reduction Act creates renewable subsidy arms race

Portfolio Transition Strategy

Distinctive

Energy Economics & Valuation

Strong

Competitive Positioning

Meeting Bar

Geopolitical Risk Management

Strong

4Feedback

How It Works

Master Chevron Interviews

Oil and gas investment strategy and M&A valuation for energy companies. · Click to expand

1Your Energy Goals

Energy Transition Economics

Practitioner

Portfolio Strategy

Practitioner

2Energy Case Prep

Chevron acquired Hess for $53B in Gulf of Mexico assets. Model value creation under...

CASE INTERVIEWHard

Chevron

3Frameworks

Framework

Are the financial returns attractive relative to fossil fuel portfolio?

What is the true levelized cost of electricity (LCOE) including integration risk?

Solar LCOE: $25–35/MWh (down 85% since 2010)

Onshore wind: $35–45/MWh (down 70% since 2015)

Grid integration & storage costs add $15–20/MWh

What are the revenue risks as fossil fuel demand declines?

Oil demand growth flattening: +0.5% CAGR vs. +2% historically

Long-term oil price assumptions dropping: $60–80/bbl (was $100+)

Can we execute renewable builds at scale while managing technical risk?

Do we have supply chain capacity to deploy 50GW by 2035?

Global panel production: 500GW/yr capacity (sufficient)

Skilled labor shortage in turbine installation across EU/US

Battery storage economics viable at grid scale?

Li-ion battery cost: $130–150/kWh (down 90% since 2010)

8–10 year cycle = ~15–20 cycles before replacement

Will fossil fuel companies dominate the renewables transition or face disruption?

What competitive advantage do incumbent oil majors have?

Capital access: can raise $10B+/yr at 4–5% cost of capital

Land access: own or control land for solar/wind in key regions

Grid expertise & transmission assets from oil/gas infrastructure

Threat from pure-play renewables (NextEra, Ørsted) or tech entrants?

NextEra Energy (150GW renewable capacity) growing 12% CAGR

Autonomous vehicle batteries + grid storage create new demand vectors

Can we navigate regulatory and geopolitical headwinds?

Will carbon taxes or bans on oil/gas accelerate faster than expected?

EU carbon border adjustment: €80–140/ton CO2 by 2030

Unilateral oil bans unlikely but LNG demand shifting: -2% annually

Geopolitical risk: energy nationalism and supply chain fragmentation?

Critical minerals (lithium, cobalt) concentrated in 3 countries: 60% supply

US Inflation Reduction Act creates renewable subsidy arms race

4Feedback

Portfolio Transition Strategy

Distinctive

Energy Economics & Valuation

Strong

Competitive Positioning

Meeting Bar

Geopolitical Risk Management

Strong

Repeat

Practice Library

Chevron exercises

Chevron acquired Hess for $53B in Gulf of Mexico deep-water assets. Model value creation...

CASE INTERVIEWHard

Energy · M&A ValuationChevron

Evaluate a $5B renewable energy investment opportunity in the context of Chevron's...

LEARNHard

Energy · Investment StrategyChevron

Design a post-acquisition integration strategy for the Hess Gulf of Mexico assets to...

LEARNMedium

Energy · Integration StrategyChevron

Tell me about a time you made a major investment decision with incomplete information...

BEHAVIORALMedium

Behavioral · Decision MakingChevron

Describe how you balance delivering short-term returns with long-term energy transition...

BEHAVIORALHard

Behavioral · Strategic BalanceChevron