CHEVRON CORP — Director's Dealing 2011

May 27, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2011-05-25

Reporting Person: STUMPF JOHN G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-25	Common Stock	A	1799	—	Acquired	4397	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10000	Indirect

Footnotes

F1: This number represents stock units issued under the Non-Employee Directors' Equity Compensation and Deferral Plan.

F2: This number includes dividend equivalent accruals (19) on stock units issued under the Non-Employee Directors' Equity Compensation and Deferral Plan.