CHEVRON CORP — Director's Dealing 2004

Aug 30, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRONTEXACO CORP (CVX)
CIK: 0000093410
Period of Report: 2004-08-26

Reporting Person: ROBERTSON PETER J (Director, Vice Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-26	Common Stock	M	17200	$48.375	Acquired	40251	Direct
2004-08-26	Common Stock	S	17200	$94.51	Disposed	23051	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-26	Employee Stock Option (right to buy)	$48.375	M	17200	Disposed	2005-06-28	Common Stock (17200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	19589	Indirect

Footnotes

F1: Between February 19, 2004 and August 25, 2004, the reporting person acquired 381 shares of ChevronTexaco common stock under the ChevronTexaco Employee Savings Investment Plan, a 401(k) plan.

F2: This transaction is an exercise of an Employee Stock Option and the conversion price is reported in column 2.