CHEVRON CORP — Director's Dealing 2004

Feb 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRONTEXACO CORP (CVX)
CIK: 0000093410
Period of Report: 2004-02-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-18	Common Stock	M	15100	$42.375	Acquired	34051	Direct
2004-02-18	Common Stock	S	11000	$86.5233	Disposed	23051	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-18	Employee Stock Option (right to buy)	$42.375	M	15100	Disposed	2004-06-29	Common Stock (15100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	19208	Indirect

Footnotes

F1: Between 5/30/2003 and 2/18/2004, the reporting person acquired 654 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.