Chevron Stock Forecast, Price & News

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 8 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Chevron stock.
View analyst ratings for Chevron or view top-rated stocks.

Wall Street analysts have given Chevron a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Chevron wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Chevron saw a increase in short interest in January. As of January 15th, there was short interest totaling 16,050,000 shares, an increase of 14.3% from the December 31st total of 14,040,000 shares. Based on an average trading volume of 11,070,000 shares, the short-interest ratio is currently 1.4 days.
View Chevron's Short Interest.

Chevron is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for Chevron.

Chevron Co. (NYSE:CVX) issued its quarterly earnings results on Thursday, January, 28th. The oil and gas company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.09. The oil and gas company had revenue of $25.25 billion for the quarter, compared to the consensus estimate of $25.97 billion. Chevron had a negative net margin of 10.86% and a positive trailing twelve-month return on equity of 1.75%. Chevron's revenue for the quarter was down 30.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.49 EPS.
View Chevron's earnings history.

Chevron's stock was trading at $83.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CVX stock has increased by 23.4% and is now trading at $102.44.
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Chevron announced a quarterly dividend on Wednesday, January 27th. Shareholders of record on Wednesday, February 17th will be given a dividend of $1.29 per share on Wednesday, March 10th. This represents a $5.16 annualized dividend and a dividend yield of 5.04%. The ex-dividend date of this dividend is Tuesday, February 16th.
View Chevron's dividend history.

Chevron pays an annual dividend of $5.16 per share and currently has a dividend yield of 5.06%. CVX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Chevron has been increasing its dividend for 34 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Chevron is 82.30%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Chevron will have a dividend payout ratio of 160.75% in the coming year. This indicates that Chevron may not be able to sustain their current dividend.
View Chevron's dividend history.

26 equities research analysts have issued 12-month price targets for Chevron's stock. Their forecasts range from $88.00 to $121.00. On average, they expect Chevron's stock price to reach $104.72 in the next year. This suggests a possible upside of 2.2% from the stock's current price.
View analysts' price targets for Chevron or view top-rated stocks among Wall Street analysts.

421 employees have rated Chevron CEO Mike Wirth on Glassdoor.com. Mike Wirth has an approval rating of 88% among Chevron's employees.

Some companies that are related to Chevron include Exxon Mobil (XOM), BP (BP), ConocoPhillips (COP), China Petroleum & Chemical (SNP), Equinor ASA (EQNR), Marathon Petroleum (MPC), Phillips 66 (PSX), Suncor Energy (SU), Valero Energy (VLO), Repsol (REPYY), Hess (HES), Imperial Oil (IMO), HollyFrontier (HFC), Sunoco (SUN) and CVR Energy (CVI).
View all of CVX's competitors.

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 The Walt Disney (DIS).

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 shareholders include BlackRock Inc. (6.79%), Northern Trust Corp (1.39%), Norges Bank (1.13%), Bank of New York Mellon Corp (1.03%), Morgan Stanley (1.02%) and Charles Schwab Investment Management Inc. (0.74%). Company insiders that own Chevron stock include David A Inchausti, Debra L Reed, Enrique Hernandez Jr, James William Johnson, 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 BlackRock Inc., Brandywine Global Investment Management LLC, Dimensional Fund Advisors LP, Sumitomo Mitsui Trust Holdings Inc., Bank of New York Mellon Corp, Prudential PLC, Northern Trust Corp, and Victory Capital Management Inc.. Company insiders that have sold Chevron company stock in the last year include David A Inchausti, Michael K Wirth, Pierre R Breber, and Rhonda J Morris.
View insider buying and selling activity for Chevron or view top insider-selling stocks.

CVX stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Amundi Pioneer Asset Management Inc., UBS Asset Management Americas Inc., Morgan Stanley, Lazard Freres Gestion S.A.S., Alliancebernstein L.P., Bessemer Group Inc., and Jennison Associates 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 or or view top insider-buying stocks.

Shares of CVX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CVX stock can currently be purchased for approximately $102.44.

Chevron has a market capitalization of $197.34 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 following companies are subsidiares of Chevron: Atlas Energy Inc, Cabinda Gulf Oil Company Limited, Chevron (Overseas) Holdings Limited, Chevron (Thailand) Limited, Chevron Argentina S.R.L., Chevron Australia Holdings Pty Ltd., Chevron Australia Pty Ltd., Chevron Canada Limited, Chevron Global Energy Inc., Chevron Global Technology Services Company, Chevron Investments Inc., Chevron LNG Shipping Company Limited, Chevron Malampaya LLC, Chevron Nigeria Limited, Chevron Overseas Company, Chevron Overseas Petroleum Limited, Chevron Petroleum Company, Chevron Petroleum Limited, Chevron Petroleum Nigeria Limited, Chevron Philippines Inc., Chevron Thailand Exploration and Production Ltd., Chevron Thailand LLC, Chevron U.S.A. Holdings Inc., Chevron U.S.A. Inc., Chevron Venezuela Holdings LLC, Noble Energy, PT Chevron Pacific Indonesia, Puma Energy Asia Pacific B.V., Saudi Arabian Chevron Inc., Star Petroleum Refining Public Company Limited, Texaco Inc., Texaco Overseas Holdings Inc., Texaco Venezuela Holdings (I) Company, Union Oil Company of California, Unocal Corporation, and Unocal International Corporation.

Chevron was founded in 1879.

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

Chevron is headquartered at 6001 BOLLINGER CANYON ROAD, SAN RAMON CA, 94583.

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]