NYSE:CVX Chevron Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Chevron Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $71.83 +0.03 (+0.04 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$70.77Now: $71.83▼$72.4850-Day Range$71.80MA: $83.12▼$90.7752-Week Range$51.60Now: $71.83▼$123.50Volume11.07 million shsAverage Volume11.20 million shsMarket Capitalization$134.13 billionP/E RatioN/ADividend Yield7.19%Beta1.21 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as plastics for industrial uses. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingChevron has received a consensus rating of Buy. The company's average rating score is 2.54, and is based on 14 buy ratings, 9 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $108.50, Chevron has a forecasted upside of 51.1% from its current price of $71.83.Amount of Analyst CoverageChevron has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesChevron has received 1,065 “outperform” votes. (Add your “outperform” vote.)Underperform VotesChevron has received 873 “underperform” votes. (Add your “underperform” vote.)Community SentimentChevron has received 54.95% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipChevron is a leading dividend payer. It pays a dividend yield of 7.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthChevron has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Chevron is 82.30%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Chevron will have a dividend payout ratio of 222.41% in the coming year. This indicates that Chevron may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chevron insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $529,000.00 in company stock.Percentage Held by InsidersOnly 0.28% of the stock of Chevron is held by insiders.Percentage Held by Institutions64.01% of the stock of Chevron is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Chevron are expected to grow by 2,220.00% in the coming year, from $0.10 to $2.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chevron is -15.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Chevron is -15.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioChevron has a PEG Ratio of 154.14. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChevron has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.43 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Petroleum refining Sub-IndustryIntegrated Oil & Gas SectorOils/Energy Current SymbolNYSE:CVX Previous Symbol CUSIP16676410 CIK93410 Webwww.chevron.com Phone925-842-1000Debt Debt-to-Equity Ratio0.23 Current Ratio1.14 Quick Ratio0.87Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio718.30 P/E Growth154.14 Sales & Book Value Annual Sales$146.52 billion Price / Sales0.92 Cash Flow$20.70 per share Price / Cash Flow3.47 Book Value$76.79 per share Price / Book0.94Profitability EPS (Most Recent Fiscal Year)$6.27 Net Income$2.92 billion Net Margins-7.41% Return on Equity3.61% Return on Assets2.20%Miscellaneous Employees48,200 Outstanding Shares1,867,268,000Market Cap$134.13 billion Next Earnings Date11/6/2020 (Estimated) OptionableOptionable $71.83 +0.03 (+0.04 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CVX News and Ratings via Email Sign-up to receive the latest news and ratings for CVX and its competitors with MarketBeat's FREE daily newsletter. Chevron (NYSE:CVX) Frequently Asked Questions How has Chevron's stock been impacted by Coronavirus? Chevron's stock was trading at $83.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CVX stock has decreased by 13.5% and is now trading at $71.83. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Chevron? 24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 1 sell rating, 9 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Chevron. When is Chevron's next earnings date? Chevron is scheduled to release its next quarterly earnings announcement on Friday, November 6th 2020. View our earnings forecast for Chevron. How were Chevron's earnings last quarter? Chevron Co. (NYSE:CVX) announced its quarterly earnings data on Friday, July, 31st. The oil and gas company reported ($1.59) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.93) by $0.66. The oil and gas company earned $13.95 billion during the quarter, compared to analyst estimates of $21.71 billion. Chevron had a positive return on equity of 3.61% and a negative net margin of 7.41%. The company's revenue for the quarter was down 64.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.77 EPS. View Chevron's earnings history. How often does Chevron pay dividends? What is the dividend yield for Chevron? Chevron declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Wednesday, August 19th will be given a dividend of $1.29 per share on Thursday, September 10th. This represents a $5.16 annualized dividend and a dividend yield of 7.18%. The ex-dividend date of this dividend is Tuesday, August 18th. View Chevron's dividend history. What price target have analysts set for CVX? 24 analysts have issued 1-year target prices for Chevron's shares. Their forecasts range from $88.00 to $143.00. On average, they anticipate Chevron's stock price to reach $108.50 in the next twelve months. This suggests a possible upside of 51.1% from the stock's current price. View analysts' price targets for Chevron. Has Chevron been receiving favorable news coverage? Media coverage about CVX stock has been trending extremely negative on Saturday, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chevron earned a news sentiment score of -4.5 on InfoTrie's scale. They also assigned news coverage 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 few days. View the latest news about Chevron. Are investors shorting Chevron? Chevron saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 18,860,000 shares, an increase of 9.1% from the August 15th total of 17,280,000 shares. Based on an average daily volume of 8,910,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.0% of the company's stock are short sold. View Chevron's Short Interest. 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), Equinor ASA (EQNR), ConocoPhillips (COP), Phillips 66 (PSX), Suncor Energy (SU), Marathon Petroleum (MPC), Valero Energy (VLO), Hess (HES), Repsol (REPYY), Imperial Oil (IMO), HollyFrontier (HFC) and Sunoco (SUN). View all competitors. What other stocks do shareholders of Chevron own? Based on aggregate information from My MarketBeat watchlists, some companies that other Chevron investors own include AT&T (T), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), Intel (INTC), Pfizer (PFE), Cisco Systems (CSCO), AbbVie (ABBV) and Walt Disney (DIS). Who are Chevron's key executives? Chevron's management team includes the following 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) What is Chevron's stock symbol? Chevron trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVX." Who are Chevron's major shareholders? Chevron's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.67%), BlackRock Inc. (6.92%), Bank of New York Mellon Corp (1.06%), Charles Schwab Investment Management Inc. (0.75%), FMR LLC (0.56%) and Sumitomo Mitsui Trust Holdings Inc. (0.45%). 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. Which major investors are selling Chevron stock? CVX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., FMR LLC, Bank of New York Mellon Corp, First Trust Advisors LP, Toronto Dominion Bank, AJO LP, and Advisor Group Holdings Inc.. Company insiders that have sold Chevron company stock in the last year include David A Inchausti, Michael K Wirth, and Rhonda J Morris. View insider buying and selling activity for Chevron. Which major investors are buying Chevron stock? CVX stock was purchased by a variety of institutional investors in the last quarter, including London Co. of Virginia, TD Asset Management Inc., Mn Services Vermogensbeheer B.V., Ceredex Value Advisors LLC, Bank of Montreal Can, Assenagon Asset Management S.A., Rafferty Asset Management LLC, and International Value Advisers LLC. 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. 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 $71.83. How big of a company is Chevron? Chevron has a market capitalization of $134.13 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. What is Chevron's official website? The official website for Chevron is www.chevron.com. 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] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
