CHEVRON CORP — Director's Dealing 2004

Mar 3, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRONTEXACO CORP (CVX)
CIK: 0000093410
Period of Report: 2004-03-01

Reporting Person: CROWE STEPHEN J (Vice Pres. and Comptroller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-01	Common Stock	M	9000	$48.375	Acquired	11446	Direct
2004-03-01	Common Stock	S	9000	$89.568	Disposed	2446	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-28	LTIP Performance Shares	$0	D	3600	Disposed		Common Stock (3600)	Direct
2004-03-01	Non-Qualified Stock Option (right to buy)	$48.375	M	9000	Disposed	2005-06-28	Common Stock (9000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17575	Indirect

Footnotes

F1: Between May 30, 2003 and February 27, 2004, the reporting person acquired 645 shares of ChevronTexaco common stock under the ChevronTexaco Employee Savings Investment Plan, a 401(k) plan.

F2: Settlement of Performance Shares granted under the ChevronTexaco Corporation Long-Term Incentive Plan following the conclusion of a three-year Performance Period.

F3: This transaction is an exercise of a Non-Qualified Stock Option and the conversion price is reported in Column 2.