NYSE:CVX - Chevron Stock Price, Forecast & News

Chevron's stock was trading at $83.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CVX shares have decreased by 17.4% and is now trading at $68.56. View which stocks have been mosted impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 5 hold ratings and 13 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, April 24th 2020. View our earnings forecast for Chevron.

Chevron Co. (NYSE:CVX) posted its quarterly earnings results on Friday, January, 31st. The oil and gas company reported $1.49 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.47 by $0.02. The oil and gas company earned $36.35 billion during the quarter, compared to analyst estimates of $38.98 billion. Chevron had a net margin of 2.00% and a return on equity of 8.29%. Chevron's revenue for the quarter was down 14.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.95 earnings per share. View Chevron's earnings history.

Chevron declared a quarterly dividend on Wednesday, January 29th. Stockholders of record on Tuesday, February 18th will be given a dividend of $1.29 per share on Tuesday, March 10th. This represents a $5.16 annualized dividend and a yield of 7.53%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Chevron's previous quarterly dividend of $1.19. View Chevron's dividend history.

18 Wall Street analysts have issued 1-year price targets for Chevron's stock. Their forecasts range from $88.00 to $165.00. On average, they anticipate Chevron's stock price to reach $119.56 in the next twelve months. This suggests a possible upside of 74.4% from the stock's current price. View analysts' price targets for Chevron.

Headlines about CVX stock have been trending very negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Chevron earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutChevron.

Chevron saw a increase in short interest in March. As of March 13th, there was short interest totaling 21,634,300 shares, an increase of 29.8% from the February 27th total of 16,670,000 shares. Based on an average trading volume of 8,300,000 shares, the short-interest ratio is currently 2.6 days. Currently, 1.2% of the company's shares are short sold. 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), Suncor Energy (SU), Phillips 66 (PSX), Valero Energy (VLO), Marathon Petroleum (MPC), Repsol (REPYY), Hess (HES), HollyFrontier (HFC), CVR Energy (CVI) and YPF (YPF).

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), Intel (INTC), Cisco Systems (CSCO), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), General Electric (GE) and Pfizer (PFE).

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

Chevron's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.01%), Cullinan Associates Inc. (0.01%), Neville Rodie & Shaw Inc. (0.00%), First Financial Bank Trust Division (0.00%), Bath Savings Trust Co (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). 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, Patricia E Yarrington, Pierre R Breber, R Hewitt Pate 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 Cullinan Associates Inc., Bath Savings Trust Co, and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have sold Chevron company stock in the last year include David A Inchausti, Enrique Hernandez Jr, James William Johnson, Joseph C Geagea, Michael K Wirth, Pierre R Breber, and Rhonda J Morris. View insider buying and selling activity for Chevron.

CVX stock was bought by a variety of institutional investors in the last quarter, including Park National Corp OH, Neville Rodie & Shaw Inc., First Financial Bank Trust Division, and Ellenbecker Investment Group. 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 $68.56.

Chevron has a market capitalization of $128.85 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. View additional information about Chevron.

The official website for Chevron is http://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]