Chevron (CVX) to Release Earnings on Friday

Key Points

• Chevron will report Q1 2026 results on Friday, May 1 (results expected before market open) with the earnings call at 11:00 AM ET; analysts expect $1.87 EPS and $49.85 billion in revenue.
• Chevron raised its quarterly dividend to $1.78 (annualized $7.12, ~3.8% yield), though the payout ratio is high at 106.9%.
• Operational and market context: Wheatstone LNG has returned to full production restoring volumes and cash flow, energy‑sector momentum and Warren Buffett’s stake support sentiment, and analysts’ consensus rating is a Moderate Buy with an average price target near $198.

Chevron (NYSE:CVX - Get Free Report) is expected to be posting its Q1 2026 results before the market opens on Friday, May 1st. Analysts expect Chevron to post earnings of $1.87 per share and revenue of $49.8535 billion for the quarter. Individuals are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Friday, May 1, 2026 at 11:00 AM ET.

Chevron (NYSE:CVX - Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. The firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The company's revenue for the quarter was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.06 EPS. On average, analysts expect Chevron to post $12 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Chevron Stock Performance

NYSE CVX opened at $187.67 on Friday. The company has a market cap of $373.90 billion, a P/E ratio of 28.18, a P/E/G ratio of 0.78 and a beta of 0.60. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.15. The business's 50 day moving average price is $192.53 and its 200-day moving average price is $169.84. Chevron has a fifty-two week low of $133.77 and a fifty-two week high of $214.71.

Chevron Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were given a dividend of $1.78 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.12 annualized dividend and a dividend yield of 3.8%. This is an increase from Chevron's previous quarterly dividend of $1.71. Chevron's dividend payout ratio is presently 106.91%.

Insiders Place Their Bets

In other Chevron news, insider Alana K. Knowles sold 2,408 shares of the company's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $183.28, for a total value of $441,338.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider R. Hewitt Pate sold 40,200 shares of the company's stock in a transaction on Monday, March 30th. The stock was sold at an average price of $213.30, for a total value of $8,574,660.00. Following the completion of the sale, the insider owned 8,638 shares of the company's stock, valued at $1,842,485.40. This represents a 82.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 779,407 shares of company stock worth $145,972,971. 0.56% of the stock is owned by company insiders.

Institutional Investors Weigh In On Chevron

Several hedge funds have recently made changes to their positions in the company. Fox Hill Wealth Management lifted its holdings in shares of Chevron by 1.7% in the 4th quarter. Fox Hill Wealth Management now owns 3,443 shares of the oil and gas company's stock worth $525,000 after buying an additional 57 shares during the period. Adams Wealth Management lifted its holdings in shares of Chevron by 3.9% in the 4th quarter. Adams Wealth Management now owns 1,626 shares of the oil and gas company's stock worth $248,000 after buying an additional 61 shares during the period. CacheTech Inc. lifted its holdings in shares of Chevron by 3.9% in the 4th quarter. CacheTech Inc. now owns 1,626 shares of the oil and gas company's stock worth $248,000 after buying an additional 61 shares during the period. White Knight Strategic Wealth Advisors LLC lifted its holdings in shares of Chevron by 3.0% in the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company's stock worth $319,000 after buying an additional 65 shares during the period. Finally, Rakuten Securities Inc. lifted its holdings in shares of Chevron by 7.4% in the 2nd quarter. Rakuten Securities Inc. now owns 961 shares of the oil and gas company's stock worth $138,000 after buying an additional 66 shares during the period. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CVX has been the subject of a number of recent analyst reports. Piper Sandler boosted their price objective on Chevron from $179.00 to $242.00 and gave the company an "overweight" rating in a report on Thursday, March 12th. Argus set a $203.00 price objective on Chevron in a report on Tuesday, February 3rd. Sanford C. Bernstein boosted their price objective on Chevron from $170.00 to $172.00 and gave the company a "market perform" rating in a report on Monday, January 5th. Weiss Ratings restated a "hold (c)" rating on shares of Chevron in a report on Wednesday, January 21st. Finally, TD Cowen dropped their price objective on Chevron from $214.00 to $204.00 and set a "hold" rating for the company in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Chevron presently has an average rating of "Moderate Buy" and an average price target of $198.09.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Wheatstone LNG in Western Australia has returned to full production after repairs for cyclone damage, restoring liquefied natural gas volumes and cash flow that had been offline. Chevron resumes full production at Wheatstone LNG after repairs for cyclone damage
• Positive Sentiment: Energy sector momentum (NYSE Energy Sector Index gain) is providing a tailwind for major integrateds like Chevron, lifting sentiment across the group. Sector Update: Energy Stocks Rise Thursday
• Positive Sentiment: High‑profile investor support: coverage noting Warren Buffett’s continued large stake and Chevron’s growing development pipeline reinforces confidence in Chevron’s capital allocation and dividend/cash‑flow outlook. Deepening Growth Pipeline Sustains Warren Buffett’s Confidence In Chevron (CVX)
• Positive Sentiment: Chevron struck an asset‑swap agreement expanding its stake in Venezuelan heavy‑oil operations, which could boost long‑term upstream volumes if geopolitics and sanctions dynamics allow. Chevron Corporation (CVX) Expands Stakes in Venezuela Oil Operations
• Neutral Sentiment: Analyst and media lists continue to feature Chevron as a top crude/oil pick (BNP Paribas, other outlets), supporting longer‑term investor interest though price targets vary. Analysts Are Bullish on Top Energy Stocks: Chevron (CVX), Antero Resources (AR)
• Neutral Sentiment: Market lists and investment idea pieces (Zacks, InsiderMonkey) continue to include CVX among “old economy” or Buffett‑favored names—good for flows but not an immediate catalyst. Buy 5 High-Flying Old Economy Stocks of 2026 With More Room to Run
• Negative Sentiment: Operational/environmental risk: Chevron reported a crude oil spill at its Pasadena, Texas refinery — a local incident that may generate cleanup costs, potential fines and short‑term regional production disruption. Chevron refinery in Pasadena, Texas reports crude oil spill

Chevron Company Profile

Chevron Corporation NYSE: CVX is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron's core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.

Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.

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