Chevron (CVX) Set to Announce Quarterly Earnings on Friday

Key Points

• Chevron is expected to report Q3 2026 results before Friday’s market open, with analysts forecasting earnings of $4.86 per share and revenue of $61.33 billion.
• In the prior quarter, Chevron beat expectations with $6.06 EPS and $67.20 billion in revenue, while analysts project full-year EPS of $18.12. The company’s shares recently traded near their 52-week high.
• Chevron pays a quarterly dividend of $1.78 per share, representing a 3.1% yield, but insiders have sold roughly $235.6 million of stock over the past 90 days. Analysts maintain a “Moderate Buy” consensus rating with a $213.96 average price target.

Chevron (NYSE:CVX - Get Free Report) is anticipated to issue its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect Chevron to post earnings of $4.86 per share and revenue of $61.33 billion for the quarter. Parties may visit the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, October 30, 2026 at 11:00 AM ET.

Chevron (NYSE:CVX - Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The oil and gas company reported $6.06 earnings per share for the quarter, beating the consensus estimate of $5.55 by $0.51. Chevron had a return on equity of 11.09% and a net margin of 9.57%. The company had revenue of $67.20 billion during the quarter, compared to analysts' expectations of $62.72 billion. During the same period in the prior year, the business earned $1.77 earnings per share. Chevron's revenue for the quarter was up 57.4% compared to the same quarter last year. On average, analysts expect Chevron to post $18.12 EPS for the current fiscal year and $17.06 EPS for the next fiscal year.

Chevron Trading Down 0.1%

Shares of CVX stock opened at $226.65 on Friday. Chevron has a 1 year low of $146.49 and a 1 year high of $229.04. The firm's fifty day simple moving average is $209.95 and its 200 day simple moving average is $194.11. The firm has a market capitalization of $447.80 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 0.54 and a beta of 0.53. The company has a current ratio of 1.25, a quick ratio of 0.98 and a debt-to-equity ratio of 0.19.

Chevron Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, August 19th were paid a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a yield of 3.1%. The ex-dividend date was Wednesday, August 19th. Chevron's dividend payout ratio is presently 68.26%.

Insider Transactions at Chevron

In other news, insider R. Pate sold 40,700 shares of the firm's stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $226.65, for a total transaction of $9,224,655.00. Following the completion of the transaction, the insider directly owned 8,791 shares of the company's stock, valued at approximately $1,992,480.15. This trade represents a 82.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John B. Hess sold 710,665 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $194.10, for a total transaction of $137,940,076.50. Following the completion of the transaction, the director directly owned 363,711 shares of the company's stock, valued at $70,596,305.10. This trade represents a 66.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,195,682 shares of company stock valued at $235,619,780 in the last ninety days. 0.56% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on CVX. TD Cowen increased their price target on shares of Chevron from $215.00 to $225.00 and gave the company a "hold" rating in a report on Monday, October 12th. Piper Sandler boosted their price objective on shares of Chevron from $207.00 to $243.00 and gave the stock an "overweight" rating in a report on Thursday, September 3rd. Mizuho set a $234.00 price objective on shares of Chevron in a report on Monday, October 12th. Wall Street Zen raised shares of Chevron from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Finally, Wells Fargo & Company upped their price objective on shares of Chevron from $226.00 to $230.00 and gave the company an "overweight" rating in a research report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $213.96.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is considering a sale of approximately $1 billion in mature U.S. Gulf of Mexico oil and gas assets. Divesting older properties could streamline operations, unlock cash and redirect capital toward newer offshore projects and long-term production growth. Chevron Eyes $1B Gulf Asset Sale to Focus on Growth Projects
• Positive Sentiment: Bank of America raised its Chevron price target to $252 from $227, adding support to investor confidence in the company’s earnings and cash-flow potential. Chevron price target raised at BofA
• Positive Sentiment: Analysts highlight CVX as a potential beneficiary of the oil rally, citing production growth, disciplined capital spending, diversified operations and a dividend supported by recurring cash flow. Oil Prices Climb: Energy Stocks Poised to Benefit
• Neutral Sentiment: Chevron’s leadership changes, including a new chief financial officer, and upcoming production and earnings updates give investors additional information to assess execution and whether higher commodity prices are translating into stronger results. Chevron’s new CFO among four executive changes
• Negative Sentiment: Director R. Pate sold 43,100 shares worth roughly $9.8 million. The transactions were made under a pre-arranged Rule 10b5-1 plan, reducing their value as a bearish signal, but the substantial reduction in ownership may weigh modestly on sentiment. Chevron insider trading filing

About Chevron

Chevron Corporation NYSE: CVX is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.

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