Chevron Company Profile (NYSE:CVX)

About Chevron (CVX)

Chevron logoChevron Corporation (Chevron) manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream. Upstream operations consist primarily of exploring for, developing and producing crude oil and natural gas; liquefaction, transportation and regasification associated with liquefied natural gas; transporting crude oil by international oil export pipelines; processing, transporting, storage and marketing of natural gas, and a gas-to-liquids plant. Downstream operations consist primarily of refining of crude oil into petroleum products; marketing of crude oil and refined products; transporting of crude oil and refined products, and manufacturing and marketing of commodity petrochemicals.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Major Integrated Oil & Gas
  • Sub-Industry: Integrated Oil & Gas
  • Exchange: NYSE
  • Symbol: CVX
  • CUSIP: 16676410
Key Metrics:
  • Previous Close: $108.04
  • 50 Day Moving Average: $111.05
  • 200 Day Moving Average: $109.26
  • 52-Week Range: $92.25 - $119.00
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 17.62
  • P/E Growth: 0.38
  • Market Cap: $205.19B
  • Outstanding Shares: 1,893,103,000
  • Beta: 1.22
  • Net Margins: -0.43%
  • Return on Equity: 1.26%
  • Return on Assets: 0.72%
  • Debt-to-Equity Ratio: 0.27%
  • Current Ratio: 1.17%
  • Quick Ratio: 0.93%

Analyst Ratings

Consensus Ratings for Chevron (NYSE:CVX) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 14 Buy Ratings
Consensus Rating:Buy (Score: 2.65)
Consensus Price Target: $121.08 (11.70% upside)

Analysts' Ratings History for Chevron (NYSE:CVX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/14/2017ScotiabankSet Price TargetBuy$121.00MediumView Rating Details
3/8/2017Jefferies Group LLCReiterated RatingBuy$147.00HighView Rating Details
3/3/2017Credit Suisse Group AGReiterated RatingHoldN/AView Rating Details
2/27/2017Evercore ISIReiterated RatingUnderweightN/AView Rating Details
2/22/2017Wells Fargo & CoReiterated RatingMarket PerformN/AView Rating Details
1/10/2017HSBC Holdings plcDowngradeBuy -> Hold$125.00N/AView Rating Details
1/4/2017Bank of America CorpUpgradeNeutral -> BuyN/AView Rating Details
12/18/2016Goldman Sachs Group IncUpgradeBuyN/AView Rating Details
12/15/2016MacquarieUpgradeNeutral -> Outperform$90.00 -> $130.00N/AView Rating Details
12/12/2016JPMorgan Chase & Co.Reiterated RatingOverweightN/AView Rating Details
12/1/2016Independent Research GmbHUpgradeHold -> BuyN/AView Rating Details
11/1/2016Morgan StanleyUpgradeEqual Weight -> Overweight$113.00 -> $130.00N/AView Rating Details
10/10/2016Barclays PLCReiterated RatingEqual Weight$125.00N/AView Rating Details
10/10/2016Exane BNP ParibasInitiated CoverageNeutral$102.00N/AView Rating Details
9/12/2016BMO Capital MarketsInitiated CoverageOutperform$120.00N/AView Rating Details
8/9/2016SimmonsUpgradeNeutral -> Overweight$110.00 -> $117.00N/AView Rating Details
8/9/2016Piper Jaffray CompaniesUpgradeNeutral -> Overweight$110.00 -> $117.00N/AView Rating Details
5/17/2016ArgusReiterated RatingBuyN/AView Rating Details
5/12/2016Collins StewartReiterated RatingBuyN/AView Rating Details
4/1/2016Citigroup IncReiterated RatingOutperformN/AView Rating Details
3/22/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
3/18/2016NomuraInitiated CoverageNeutral$85.00N/AView Rating Details
3/10/2016Deutsche Bank AGReiterated RatingBuy$103.00N/AView Rating Details
3/9/2016Wolfe ResearchUpgradeMarket Perform -> OutperformN/AView Rating Details
3/9/2016Royal Bank of CanadaBoost Price TargetSector Perform$84.00 -> $90.00N/AView Rating Details
1/25/2016Tudor PickeringUpgradeAccumulate -> BuyN/AView Rating Details
1/21/2016Robert W. BairdInitiated CoverageOutperform$108.00N/AView Rating Details
12/15/2015Cowen and CompanyReiterated RatingOutperform$95.00 -> $122.00N/AView Rating Details
12/14/2015Howard WeilUpgradeSector Perform -> Sector Outperform$101.00N/AView Rating Details
10/23/2015Oppenheimer Holdings Inc.Reiterated RatingMarket PerformN/AView Rating Details
8/21/2015Societe GeneraleLower Price TargetBuy$115.00 -> $99.00N/AView Rating Details
8/1/2015S&P Equity ResearchDowngradeHold$96.00N/AView Rating Details
4/20/2015Morningstar, Inc.Reiterated RatingBuyN/AView Rating Details
(Data available from 3/23/2015 forward)


Earnings History for Chevron (NYSE:CVX)
Earnings by Quarter for Chevron (NYSE:CVX)
Earnings History by Quarter for Chevron (NYSE:CVX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/27/2017Q416$0.64$0.22$35.24 billion$31.50 billionViewN/AView Earnings Details
10/28/2016Q316$0.39$0.68$29.71 billion$30.14 billionViewListenView Earnings Details
7/29/2016Q216$0.32($0.78)$25.78 billion$29.28 billionViewListenView Earnings Details
4/29/2016Q116($0.10)($0.39)$21.47 billion$23.53 billionViewListenView Earnings Details
1/29/2016Q415$0.46($0.31)$29.70 billion$29.25 billionViewListenView Earnings Details
10/30/2015Q315$0.76$1.09$31.10 billion$34.32 billionViewListenView Earnings Details
7/31/2015Q215$1.16$0.30$28.26 billion$37.00 billionViewListenView Earnings Details
5/1/2015Q115$0.74$1.37$28.32 billion$32.00 billionViewListenView Earnings Details
1/30/2015Q414$1.76$1.85$40.27 billion$46.09 billionViewListenView Earnings Details
10/31/2014Q3$2.52$2.95$60.56 billion$54.68 millionViewListenView Earnings Details
8/1/2014Q214$2.72$2.98$57.38 billion$55.58 billionViewListenView Earnings Details
5/2/2014Q114$2.51$2.36$54.47 billion$53.27 billionViewListenView Earnings Details
1/31/2014Q413$2.92$2.57$63.14 billion$56.16 billionViewListenView Earnings Details
11/1/2013Q313$2.88$2.57$58.41 billion$58.50 billionViewListenView Earnings Details
8/2/2013Q2 2013$3.03$2.77$56.12 billion$57.37 billionViewListenView Earnings Details
4/26/2013Q1 2013$3.07$3.18$59.00 billion$54.30 billionViewListenView Earnings Details
2/1/2013Q4 2012$3.00$3.70$66.81 billion$60.55 billionViewListenView Earnings Details
11/2/2012Q312$2.89$2.69$57.04 billion$55.66 billionViewN/AView Earnings Details
7/27/2012$3.24$3.66ViewN/AView Earnings Details
4/27/2012$3.22$3.27ViewN/AView Earnings Details
1/27/2012$2.94$2.58ViewN/AView Earnings Details
10/28/2011$3.42$3.92ViewN/AView Earnings Details
7/29/2011$3.51$3.85ViewN/AView Earnings Details
4/29/2011$3.00$3.09ViewN/AView Earnings Details
1/28/2011$2.41$2.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Chevron (NYSE:CVX)
Current Year EPS Consensus Estimate: $4.63 EPS
Next Year EPS Consensus Estimate: $6.15 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.04$0.39$0.18
Q2 20164$0.24$0.53$0.38
Q3 20163$0.39$0.54$0.45
Q4 20163$0.40$0.65$0.54
(Data provided by Zacks Investment Research)


Current Dividend Information for Chevron (NYSE:CVX)
Most Recent Dividend:3/10/2017
Annual Dividend:$4.32
Dividend Yield:3.99%
Dividend Growth:3.20% (3 Year Average)
Payout Ratio:-1,600.00% (Trailing 12 Months of Earnings)
93.30% (Based on This Year's Estimates)
70.24% (Based on Next Year's Estimates)
Track Record:31 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Chevron (NYSE:CVX)

Dividend History by Quarter for Chevron (NYSE:CVX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Chevron (NYSE:CVX)
Insider Ownership Percentage: 0.40%
Institutional Ownership Percentage: 62.50%
Insider Trades by Quarter for Chevron (NYSE:CVX)
Institutional Ownership by Quarter for Chevron (NYSE:CVX)
Insider Trades by Quarter for Chevron (NYSE:CVX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/2/2017Pierre R. BreberInsiderSell45,000$111.80$5,031,000.00View SEC Filing  
11/17/2016Pierre R BreberInsiderSell10,000$110.00$1,100,000.00View SEC Filing  
11/3/2016Linnet F. DeilyDirectorSell5,637$105.27$593,406.99View SEC Filing  
8/25/2016Jeanette L OuradaInsiderSell7,000$101.70$711,900.00View SEC Filing  
8/15/2016Inge G. ThulinDirectorBuy487$102.87$50,097.69View SEC Filing  
8/15/2016Joseph C GeageaInsiderSell26,000$102.50$2,665,000.00View SEC Filing  
8/10/2016James William JohnsonInsiderSell10,945$101.44$1,110,260.80View SEC Filing  
8/2/2016Pierre R. BreberInsiderSell21,000$98.77$2,074,170.00View SEC Filing  
8/1/2016Michael K WirthInsiderSell125,000$100.47$12,558,750.00View SEC Filing  
5/2/2016Linnet F DeilyDirectorSell869$103.27$89,741.63View SEC Filing  
11/19/2015Patricia E. YarringtonCFOSell44,000$92.05$4,050,200.00View SEC Filing  
11/2/2015Joseph C. GeageaEVPSell14,000$95.11$1,331,540.00View SEC Filing  
8/24/2015Joseph C GeageaEVPBuy2,500$73.30$183,250.00View SEC Filing  
5/11/2015John G StumpfDirectorBuy180,000$108.10$19,458,000.00View SEC Filing  
8/29/2014Michael K WirthEVPSell75,000$129.15$9,686,250.00View SEC Filing  
5/6/2014George KirklandEVPSell150,000$125.23$18,784,500.00View SEC Filing  
2/14/2014Robert DenhamDirectorBuy2,000$113.41$226,820.00View SEC Filing  
5/21/2013Michael K WirthEVPSell40,000$125.00$5,000,000.00View SEC Filing  
5/20/2013Rhonda I ZygockiEVPSell26,000$124.80$3,244,800.00View SEC Filing  
2/26/2013James R BlackwellEVPBuy1,659$114.93$190,668.87View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Chevron (NYSE:CVX)
Latest Headlines for Chevron (NYSE:CVX)
DateHeadline logoSinopec to buy controlling stake in Chevron's South Africa assets for $900M (NYSE:CVX) - March 23 at 2:50 AM logo[$$] Sinopec to Buy Chevron’s South Africa Assets for $900 Million (NYSE:CVX) - March 22 at 9:48 PM logoMajor oil companies open their wallets in Gulf of Mexico bidding (NYSE:CVX) - March 22 at 9:48 PM logoHow Do You Know the Selling’s Over? Watch Exxon, Chevron (NYSE:CVX) - March 22 at 4:44 PM logoChevron confirms sale of its South African assets to Sinopec (NYSE:CVX) - March 22 at 4:44 PM logoChina's Sinopec buys first major refinery in Africa from Chevron (NYSE:CVX) - March 22 at 4:44 PM logo[$$] Sinopec to Buy Chevron's South Africa Assets for $900 Million (NYSE:CVX) - March 22 at 4:44 PM logoDanish finmin to report on North Sea oil negotiations with Maersk (NYSE:CVX) - March 22 at 4:44 PM logoChevron Aims to Balance Cash Flow in 2017 (NYSE:CVX) - March 22 at 4:44 PM logoWhat’s This Supreme Court `Chevron Doctrine'?: QuickTake Q&A (NYSE:CVX) - March 21 at 10:42 PM logoChevron Has A Lot On Its Plate (NYSE:CVX) - March 21 at 4:53 PM logoChevron Has A Lot On Its Plate (NYSE:CVX) - March 21 at 4:53 PM logoWhat Sets Phillips 66 Apart From Other Refiners (NYSE:CVX) - March 21 at 4:53 PM logoBloomberg: Chevron's $1B sale of China oilfields fails to meet expectations (NYSE:CVX) - March 21 at 10:16 AM logoChevron Calls End of LNG Mega Project After $88 Billion Spree (NYSE:CVX) - March 21 at 10:16 AM logoChevron's $1 Billion Sale of China Oil Fields Stalls (NYSE:CVX) - March 21 at 10:16 AM logoWhy Suncor Energy Inc. Shareholders Have Something to Worry About (NYSE:CVX) - March 21 at 10:16 AM logoChevron likely to end Australian LNG megaprojects, exec says (NYSE:CVX) - March 21 at 7:43 AM logoChevron: The Dividend Yield Can Get Very Attractive (NYSE:CVX) - March 20 at 5:55 PM logo[$$] Shell Goes on a Deep-Water Drilling Diet (NYSE:CVX) - March 20 at 5:55 PM logoRefill on Free Money from Chevron Corporation (CVX) Stock (NYSE:CVX) - March 20 at 10:46 AM logoHate Risk? You'll Love These 2 Dividend Stocks (NYSE:CVX) - March 18 at 4:23 PM logoReuters: Sinopec near deal for Chevron's South African oil assets (NYSE:CVX) - March 17 at 4:58 PM logoNoteworthy Friday Option Activity: CVX, CRM, POST (NYSE:CVX) - March 17 at 4:58 PM logoGorsuch Not a Sure Vote for Trump as Immigration Battles Build (NYSE:CVX) - March 17 at 4:58 PM logoWhy Chevron’s Valuation Is Higher Than the Historical Average (NYSE:CVX) - March 17 at 4:58 PM logoChina's Sinopec nears deal to buy Chevron's South African assets -sources (NYSE:CVX) - March 17 at 4:58 PM logoChina's Sinopec nears deal to buy Chevron's South African assets - sources (NYSE:CVX) - March 17 at 4:58 PM logoHow Does Chevron’s Stock Correlate with Oil Prices? (NYSE:CVX) - March 17 at 4:58 PM logoChina's Sinopec nears deal to buy Chevron's South African oil assets-sources (NYSE:CVX) - March 17 at 3:58 AM logoChina's Sinopec nears deal to buy Chevron's South African oil assets - sources (NYSE:CVX) - March 17 at 3:58 AM logoDuPont, Chevron Take DJIA Down Thursday (NYSE:CVX) - March 16 at 5:57 PM logoBest performing energy names when crude drops (NYSE:CVX) - March 16 at 5:57 PM logoInstitutional Holdings in Chevron Have Risen in past 3 Months (NYSE:CVX) - March 16 at 5:57 PM logoHow Chevron’s Implied Volatility Compares (NYSE:CVX) - March 16 at 5:57 PM logoAP Explains: The doctrine sure to emerge in Gorsuch hearings (NYSE:CVX) - March 16 at 5:57 PM logoExclusive - Venezuela's cash-strapped PDVSA offers Rosneft oil stake - sources (NYSE:CVX) - March 16 at 5:57 PM logoExclusive: Venezuela's cash-strapped PDVSA offers Rosneft oil stake - sources (NYSE:CVX) - March 16 at 5:57 PM logoWall St. up as Fed raises rates but stays course (NYSE:CVX) - March 15 at 5:02 PM logoInteresting CVX Put And Call Options For June 2018 (NYSE:CVX) - March 15 at 5:02 PM logoChevron strikes oil at Anchor appraisal well in Gulf of Mexico (NYSE:CVX) - March 15 at 5:02 PM logoComparing Chevron’s Beta with Peers’ (NYSE:CVX) - March 15 at 5:02 PM logoOil & Gas Stock Roundup: Shell's Oil Sands Sale, Chevron's Production Start-Up and More (NYSE:CVX) - March 15 at 5:02 PM logoChevron and Exxon Mobil Begin to Feel the Impact of Saudi Arabian Oil Production Increase (NYSE:CVX) - March 15 at 9:58 AM logoChevron Off The Naughty List (NYSE:CVX) - March 14 at 6:14 PM logoCVX Crosses Above 4% Yield Territory (NYSE:CVX) - March 14 at 6:14 PM logoUS STOCKS-Energy shares weigh on Wall St as oil falls further (NYSE:CVX) - March 14 at 6:14 PM logoUS STOCKS-Energy drags on Wall St as oil falls further; airlines slide (NYSE:CVX) - March 14 at 6:14 PM logoChevron’s Mafumeira Sul Project Kick-Starts Production (NYSE:CVX) - March 14 at 1:12 PM logoUS STOCKS-Wall St slips as Fed meets to decide on interest rates (NYSE:CVX) - March 14 at 1:12 PM


Frequently Asked Questions for Chevron (NYSE:CVX)

What is Chevron's stock symbol?

Chevron trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVX."

How often does Chevron pay dividends? What is the dividend yield for Chevron?

Chevron declared a quarterly dividend on Wednesday, January 25th. Investors of record on Thursday, February 16th will be given a dividend of $1.08 per share on Friday, March 10th. This represents a $4.32 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend is Tuesday, February 14th.

How were Chevron's earnings last quarter?

Chevron Co. (NYSE:CVX) posted its quarterly earnings results on Friday, January, 27th. The company reported $0.22 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.42. The company had revenue of $31.50 billion for the quarter, compared to analysts' expectations of $35.24 billion. Chevron had a positive return on equity of 1.26% and a negative net margin of 0.43%. The business's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted ($0.31) earnings per share.

When will Chevron make its next earnings announcement?

Chevron is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.

Where is Chevron's stock going? Where will Chevron's stock price be in 2017?

20 brokerages have issued 12 month target prices for Chevron's shares. Their forecasts range from $102.00 to $147.00. On average, they expect Chevron's share price to reach $121.08 in the next year.

What are analysts saying about Chevron stock?

Here are some recent quotes from research analysts about Chevron stock:

  • 1. Jefferies Group LLC analysts commented, "The messages from Chevron's analyst meeting were in line with expectations: the cash cycle is improving; capex is being tightly controlled; production growth will accelerate; and Permian will be a key growth contributor, rising to 325-450 kbde by 2020." (3/8/2017)
  • 2. According to Zacks Investment Research, "Chevron is one of the largest integrated energy firms in the world with an impressive business model. The company’s current oil and gas development project pipeline is among the best in the industry, boasting large, multi-year projects. Also, Chevron has been able to boost returns and remain competitive by embarking on aggressive cost reduction initiatives, exiting unprofitable markets and streamlining the organization. Owing to these positives, the company has been able to report better-than-expected earnings in the third quarter. However, due to commodity price rout, Chevron’s upstream division has been able to extract less value for their products. Worryingly, there are signs of weakness in the refining business, suggesting that the unit could now be a drag. Hence, while being incrementally positive on Chevron, we expect the shares to remain soft until commodity prices recover sufficiently." (11/9/2016)
  • 3. BMO Capital Markets analysts commented, "We have focused on Chevron's 20+ upstream and new growth investments, including the Permian. These assets are forecast to deliver production, margin, and cash flow growth, while forecast capital investment is decreasing and becoming increasingly more flexible." (9/12/2016)
  • 4. Morgan Stanley analysts commented, "We hosted an investor lunch with CEO and Chairman John Watson." (6/8/2016)

Who owns Chevron stock?

Chevron's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (6.22%), FMR LLC (2.22%), Norges Bank (0.98%), Franklin Resources Inc. (0.91%), Dimensional Fund Advisors LP (0.55%) and Barrow Hanley Mewhinney & Strauss LLC (0.30%). Company insiders that own Chevron stock include Inge G Thulin, James William Johnson, Jeanette L Ourada, John G Stumpf, Joseph C Geagea, Linnet F Deily, Michael K Wirth, Patricia E Yarrington and Pierre R Breber.

Who sold Chevron stock? Who is selling Chevron stock?

Chevron's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Dimensional Fund Advisors LP, Federated Investors Inc. PA, Janus Capital Management LLC, Franklin Resources Inc., Thrivent Financial for Lutherans, NN Investment Partners Holdings N.V. and Graham Capital Management L.P.. Company insiders that have sold Chevron stock in the last year include James William Johnson, Jeanette L Ourada, Joseph C Geagea, Linnet F Deily, Michael K Wirth and Pierre R Breber.

Who bought Chevron stock? Who is buying Chevron stock?

Chevron's stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, State Street Corp, Asset Management One Co. Ltd., Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Russell Investments Group Ltd., Renaissance Technologies LLC and FIL Ltd. Company insiders that have bought Chevron stock in the last two years include Inge G Thulin, John G Stumpf and Joseph C Geagea.

How do I buy Chevron stock?

Shares of Chevron can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Chevron stock cost?

One share of Chevron stock can currently be purchased for approximately $108.39.

Chevron (CVX) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by Staff