NYSE:CVXChevron Stock Price, Forecast & News

Chevron's stock was trading at $83.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CVX shares have increased by 4.0% and is now trading at $86.35. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 1 sell rating, 6 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Chevron.

Chevron is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Chevron.

Chevron Co. (NYSE:CVX) issued its quarterly earnings data on Friday, May, 1st. The oil and gas company reported $1.93 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.64 by $1.29. The oil and gas company had revenue of $31.50 billion for the quarter, compared to analysts' expectations of $30.46 billion. Chevron had a return on equity of 8.28% and a net margin of 2.71%. The business's revenue was down 10.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.47 EPS. View Chevron's earnings history.

Chevron declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Tuesday, May 19th will be given a dividend of $1.29 per share on Wednesday, June 10th. This represents a $5.16 annualized dividend and a yield of 5.98%. The ex-dividend date is Monday, May 18th. View Chevron's dividend history.

22 analysts have issued 1 year target prices for Chevron's shares. Their forecasts range from $88.00 to $165.00. On average, they anticipate Chevron's share price to reach $113.33 in the next year. This suggests a possible upside of 31.2% from the stock's current price. View analysts' price targets for Chevron.

Media stories about CVX stock have trended negative recently, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Chevron earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Chevron.

Chevron saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 16,410,000 shares, a drop of 7.4% from the June 15th total of 17,720,000 shares. Based on an average daily trading volume, of 12,510,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.9% of the company's shares are sold short. View Chevron's Current Options Chain.

Some companies that are related to Chevron include Exxon Mobil (XOM), Royal Dutch Shell (RDS.B), BP (BP), China Petroleum & Chemical (SNP), Equinor ASA (EQNR), ConocoPhillips (COP), Phillips 66 (PSX), Suncor Energy (SU), Valero Energy (VLO), Marathon Petroleum (MPC), Hess (HES), Repsol (REPYY), HollyFrontier (HFC), YPF (YPF) and CVR Energy (CVI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chevron investors own include Exxon Mobil (XOM), AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), Intel (INTC), Cisco Systems (CSCO), Walt Disney (DIS), Pfizer (PFE) and Boeing (BA).

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

Chevron's stock is owned by a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.09%), Confluence Investment Management LLC (0.05%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Park National Corp OH (0.01%) and Foundation Resource Management Inc. (0.01%). Company insiders that own Chevron stock include David A Inchausti, Debra L Reed, Enrique Hernandez Jr, James William Johnson, Jeanette L Ourada, John Frank, Joseph C Geagea, Michael K Wirth, Pierre R Breber and Rhonda J Morris. View institutional ownership trends for Chevron.

CVX stock was sold by a variety of institutional investors in the last quarter, including HNP Capital LLC, Park National Corp OH, Municipal Employees Retirement System of Michigan, Confluence Investment Management LLC, Martin Capital Partners LLC, Clarius Group LLC, First National Bank of Mount Dora Trust Investment Services, and M&R Capital Management Inc.. Company insiders that have sold Chevron company stock in the last year include David A Inchausti, Joseph C Geagea, Michael K Wirth, Pierre R Breber, and Rhonda J Morris. View insider buying and selling activity for Chevron.

CVX stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Mountain Capital Investment Advisors Inc, Trinity Legacy Partners LLC, Truehand Inc, American National Bank, Ellevest Inc., Diversified Trust Co, and DNB Asset Management AS. Company insiders that have bought Chevron stock in the last two years include Debra L Reed, and John Frank. View insider buying and selling activity for 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.

One share of CVX stock can currently be purchased for approximately $86.35.

Chevron has a market capitalization of $161.21 billion and generates $146.52 billion in revenue each year. The oil and gas company earns $2.92 billion in net income (profit) each year or $6.27 on an earnings per share basis. Chevron employs 48,200 workers across the globe.

The official website for Chevron is www.chevron.com.

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]