Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant.
Read More…
Industry, Sector and Symbol
Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
Phone925-842-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$166.34 billion
Profitability
Miscellaneous
Employees48,600
Next Earnings Date2/7/2020 (Estimated)
OptionableOptionable
Chevron (NYSE:CVX) Frequently Asked Questions
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 announced a quarterly dividend on Wednesday, October 30th. Stockholders of record on Monday, November 18th will be given a dividend of $1.19 per share on Tuesday, December 10th. This represents a $4.76 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date of this dividend is Friday, November 15th. View Chevron's Dividend History.
How were Chevron's earnings last quarter?
Chevron Co. (NYSE:CVX) posted its quarterly earnings data on Friday, November, 1st. The oil and gas company reported $1.36 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.47 by $0.11. The oil and gas company earned $36.12 billion during the quarter, compared to the consensus estimate of $37.69 billion. Chevron had a return on equity of 8.89% and a net margin of 8.70%. Chevron's revenue for the quarter was down 17.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.11 EPS. View Chevron's Earnings History.
When is Chevron's next earnings date?
What price target have analysts set for CVX?
17 equities research analysts have issued 12 month target prices for Chevron's shares. Their forecasts range from $112.95 to $165.00. On average, they anticipate Chevron's stock price to reach $136.00 in the next year. This suggests a possible upside of 14.8% from the stock's current price. View Analyst Price Targets for Chevron.
What is the consensus analysts' recommendation for Chevron?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Chevron.
What are Wall Street analysts saying about Chevron stock?
Here are some recent quotes from research analysts about Chevron stock:
- 1. According to Zacks Investment Research, "Chevron's Q1 earnings were ahead of analysts' expectations, while upstream production exceeded 3 million barrels per day for the second successive quarter. Chevron’s existing oil and gas development project pipeline is among the best in the industry, targeting volume growth of around 4-7% in 2019 thanks to planned expansion in the Permian Basin. The company's recently announced $50 billion Anadarko acquisition also looks compelling. However, there are worries over continued drop in its downstream earnings that once again cut into overall gains from rising production. The massive capex might also play a spoilsport. Hence, investors are advised to wait for a better entry point before buying shares in Chevron." (5/7/2019)
- 2. Barclays PLC analysts commented, "We reiterate our OW rating and raise our PT to $150." (3/6/2019)
Has Chevron been receiving favorable news coverage?
Media coverage about CVX stock has trended negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Chevron earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Chevron.
Are investors shorting Chevron?
Chevron saw a decrease in short interest in November. As of November 29th, there was short interest totalling 20,130,000 shares, a decrease of 11.0% from the November 14th total of 22,630,000 shares. Based on an average trading volume of 5,720,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 1.1% of the shares of the company are sold short. View Chevron's Current Options Chain.
Who are some of Chevron's key competitors?
Some companies that are related to Chevron include Exxon Mobil (XOM), Royal Dutch Shell (RDS.B), BP (BP), China Petroleum & Chemical (SNP), ConocoPhillips (COP), Equinor ASA (EQNR), Phillips 66 (PSX), Suncor Energy (SU), Valero Energy (VLO), Marathon Petroleum (MPC), Repsol (REPYY), Hess (HES), HollyFrontier (HFC), CVR Energy (CVI) and YPF (YPF).
What other stocks do shareholders of Chevron own?
Who are Chevron's key executives?
Chevron's management team includes the folowing people:
- Mr. Michael K. Wirth, Chairman & CEO (Age 58)
- Mr. Pierre R. Breber, VP & CFO (Age 55)
- Mr. Joseph C. Geagea, Exec. VP of Technology, Projects & Services (Age 60)
- Mr. James William Johnson, Exec. VP of Upstream (Age 60)
- Mr. R. Hewitt Pate, VP & Gen. Counsel (Age 56)
Who are Chevron's major shareholders?
Chevron's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (5.95%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Parametric Portfolio Associates LLC (0.38%), Massachusetts Financial Services Co. MA (0.32%), California Public Employees Retirement System (0.29%) and Fisher Asset Management LLC (0.27%). Company insiders that own Chevron stock include David A Inchausti, Debra L Reed, Enrique Hernandez Jr, James William Johnson, Jeanette L Ourada, Joseph C Geagea, Michael K Wirth, Patricia E Yarrington, Pierre R Breber and R Hewitt Pate. View Institutional Ownership Trends for Chevron.
Which institutional investors are selling Chevron stock?
CVX stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, State Street Corp, Alberta Investment Management Corp, SG Americas Securities LLC, Polaris Greystone Financial Group LLC, Cambiar Investors LLC, State of Tennessee Treasury Department and Russell Investments Group Ltd.. Company insiders that have sold Chevron company stock in the last year include David A Inchausti, Enrique Hernandez Jr, James William Johnson, Jeanette L Ourada, Joseph C Geagea, Michael K Wirth and Pierre R Breber. View Insider Buying and Selling for Chevron.
Which institutional investors are buying Chevron stock?
CVX stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Waverton Investment Management Ltd, Diamond Hill Capital Management Inc., Assenagon Asset Management S.A., Voloridge Investment Management LLC, Great West Life Assurance Co. Can, Eagle Asset Management Inc. and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Chevron.
How do I buy shares of Chevron?
Shares of CVX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Chevron's stock price today?
One share of CVX stock can currently be purchased for approximately $118.50.
How big of a company is Chevron?
Chevron has a market capitalization of $224.07 billion and generates $166.34 billion in revenue each year. The oil and gas company earns $14.82 billion in net income (profit) each year or $8.25 on an earnings per share basis. Chevron employs 48,600 workers across the globe.View Additional Information About Chevron.
What is Chevron's official website?
How can I contact Chevron?
Chevron's mailing address is 6001 BOLLINGER CANYON ROAD, SAN RAMON CA, 94583. The oil and gas company can be reached via phone at 925-842-1000 or via email at [email protected]
MarketBeat Community Rating for Chevron (NYSE CVX)
MarketBeat's community ratings are surveys of what our community members think about Chevron and other stocks. Vote "Outperform" if you believe CVX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVX will underperform the S&P 500 over the long term. You may vote once every thirty days.
