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See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
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On outskirts of Doha, laborers watch World Cup they built
Biden eases Venezuela sanctions as opposition talks resume
New Battery "Could Eat Lithium's Lunch" (Ad)
Whole Foods decision to pull lobster divides enviros, pols
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
Sober or bright? Europe faces holidays during energy crunch
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
On outskirts of Doha, laborers watch World Cup they built
Biden eases Venezuela sanctions as opposition talks resume
New Battery "Could Eat Lithium's Lunch" (Ad)
Whole Foods decision to pull lobster divides enviros, pols
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
Sober or bright? Europe faces holidays during energy crunch
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
On outskirts of Doha, laborers watch World Cup they built
Biden eases Venezuela sanctions as opposition talks resume
New Battery "Could Eat Lithium's Lunch" (Ad)
Whole Foods decision to pull lobster divides enviros, pols
NYSE:CVX

Chevron - CVX Stock Forecast, Price & News

$183.70
-0.54 (-0.29%)
(As of 11/25/2022 12:00 AM ET)
Add
Compare
Today's Range
$183.31
▼
$185.30
50-Day Range
$140.96
▼
$188.05
52-Week Range
$110.73
▼
$189.68
Volume
2.80 million shs
Average Volume
7.78 million shs
Market Capitalization
$355.21 billion
P/E Ratio
10.45
Dividend Yield
3.08%
Price Target
$179.85

Chevron MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
2.1% Downside
$179.85 Price Target
Short Interest
Healthy
1.07% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.96
Upright™ Environmental Score
News Sentiment
0.66mentions of Chevron in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$22.97 M Sold Last Quarter
Proj. Earnings Growth
-10.55%
From $19.24 to $17.21 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Oils/Energy Sector

72nd out of 243 stocks

Petroleum Refining Industry

7th out of 20 stocks

See Top Rated MarketRank™ Stocks Here
CVX stock logo

About Chevron (NYSE:CVX) Stock

Chevron Corporation, through a network of subsidiaries, engages in integrated energy and chemicals operations worldwide. The company is the 7th largest integrated oil company worldwide, the 2nd largest in the US, and has been in operation since 1879. Chevron was part of the original Standard Oil Company and is one of the 34 successor companies that were formed when it was broken up. Today, the company brings in roughly $160 billion in annual revenues and is the last remaining oil and gas component of the Dow Jones Industrial Average.

Originally called Standard Oil Of California the company grew quickly via mergers and acquisitions. It was hailed as one of the Seven Sisters to dominate the US and global production throughout the mid-20th century and became even bigger in 1985 when it merged with Gulf Oil. The merger with Gulf Oil resulted in the rebranding from Standard Oil Of California to Chevron (a brand used by the company outside its California jurisdiction) and then ChevronTexaco Corporation in 2005 when that merger took place. The company rebranded again in 2005 to what we know today as Chevron Corporation.

Chevron Corporation is now based in San Ramone, California, and has operations in 180 countries. The company employs more than 42,500 people who operate 5 refineries and 8,000+ Texaco, Chevron, and Standard Oil service stations in the US alone. The company's Exploration and Drilling operations produced a record 3.1 million barrels per day and its US refineries process more than 1 million barrels per day. At the end of 2021, the company has more than 11.3 billion barrels of proven oil and liquid-equivalent reserves and boasted a 112% reserve replacement rate.

The company operates in two segments, Upstream and Downstream. The Upstream segment explores new reserves, develops known reserves, produces petroleum and gas products as needed, transports, processes, pipes, stores, and markets petroleum worldwide. The Downstream segment refines and markets the full line of petroleum-based products including but not limited to fuels such as gas, diesel, and aviation fuel, as well as lubricants, petrochemicals, and plastics. The company transports products via pipeline, rail, marine vessels, and truck.

Chevron recognizes the need to lower the world’s carbon output and is working toward that end. The company’s strategy is two-pronged and includes reducing its own carbon output while investing in green and lower-carbon technologies. The company’s goal is to invest $10 billion or more into lower carbon energy sources and technologies by 2028.

Chevron is a Dividend Aristocrat. The company has been paying a dividend since 1989 and it has raised it every year since its inception.



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CVX Stock News Headlines

November 26, 2022 | marketbeat.com
2 Big Dividend Hikes Set to Drop Soon (Tickers Revealed Below)
November 26, 2022 | marketbeat.com
Biden eases Venezuela sanctions as opposition talks resume
The Biden administration is easing some oil sanctions on Venezuela in an effort to support newly restarted negotiations between the Venezuelan government and its opposition
November 27, 2022 | Legacy Research (Affiliate) (Ad)
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November 17, 2022 | marketbeat.com
Should you still buy Chevron's stock ex-dividend?
Analysts believe Chevron's stock price will fall over the short-term, but affecting its performance long-term is that the company has improved its fundamentals.
November 14, 2022 | marketbeat.com
Buffett's firm cuts stakes U.S. Bank, BYD; adds chip maker
Warren Buffett's company slashed its stake in U.S. Bank's parent company in the third quarter and also sold shares in Chinese electric car maker BYD
November 8, 2022 | marketbeat.com
UN experts urge stringent rules to stop net zero greenwash
Oil companies pledging to get their emissions down to net zero better make sure they’ve got a credible plan and aren’t just making false promises, U.N. experts said in a report Tuesday urging tough standards on emissions cutting vows
November 4, 2022 | marketbeat.com
MarketBeat: Week in Review 10/31-11/4 (CVX)
You can count on MarketBeat to point you towards the stocks that are good opportunities. Here are some of the most popular articles from this week
November 2, 2022 | marketbeat.com
Devon Energy Lower After Beating Q3 Views But Slashing Dividend (CVX)
Oil-and-gas explorer Devon Energy was trading lower Wednesday after Q3 results that beat views, but investors gave a thumbs down to a 13% dividend cut.
November 27, 2022 | Legacy Research (Affiliate) (Ad)
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November 2, 2022 | marketbeat.com
Chesapeake Energy Focus on Natural Gas Leads to Strong Results (CVX)
Demand for natural gas is expected to remain high and that means that despite being up 61% this year, there's still time to scoop up some shares of CHK stock
November 1, 2022 | marketbeat.com
It’s Still Not Too Late To Get Into Energy Stocks
the energy sector is marching higher on results that include plans for increased dividends and share repurchases and new all-time highs are in sight.
October 28, 2022 | marketbeat.com
MarketBeat: Week in Review 10/24-10/28 (CVX)
Stocks finished the week on a bullish note, and the MarketBeat analysts continue to guide you to the stocks and stories that are moving the market
November 26, 2022 | wsj.com
Chevron Gets New U.S. License to Pump Oil in Venezuela Again
November 26, 2022 | finance.yahoo.com
Venezuela Factions Set to Restart Talks, Eyeing Sanctions Relief
November 25, 2022 | finance.yahoo.com
Chevron (NYSE:CVX) Is Doing The Right Things To Multiply Its Share Price
November 25, 2022 | americanbankingnews.com
Jefferies Financial Group Weighs in on Chevron Co.'s FY2022 Earnings (NYSE:CVX)
November 24, 2022 | finance.yahoo.com
UPDATE 2-New Venezuelan political talks to resume Nov 26
November 24, 2022 | finance.yahoo.com
Talks to resume between Venezuela government and opposition
November 24, 2022 | finance.yahoo.com
US expected to give Chevron approval to expand Venezuela oil operations
November 24, 2022 | wsj.com
U.S. Poised to Grant Chevron License to Pump Oil in Venezuela
November 24, 2022 | americanbankingnews.com
Alice P. Gast Sells 2,706 Shares of Chevron Co. (NYSE:CVX) Stock
November 23, 2022 | seekingalpha.com
Chevron set to win U.S. approval to resume Venezuela oil production - reports
November 23, 2022 | finance.yahoo.com
Venezuela to Restart Opposition Talks, Hoping US Eases Sanctions
November 23, 2022 | finance.yahoo.com
UPDATE 1-Venezuela government and opposition preparing talks this weekend in Mexico- sources
November 23, 2022 | finance.yahoo.com
U.S. prepared to authorize Chevron to boost Venezuela's oil output
November 21, 2022 | msn.com
Dow's 75-point fall led by losses for shares of Chevron, Dow
November 21, 2022 | americanbankingnews.com
Chevron Co. (NYSE:CVX) Receives $178.79 Consensus Target Price from Analysts
See More Headlines
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CVX Company Calendar

Ex-Dividend for 9/12 Dividend
8/18/2022
Dividend Payable
9/12/2022
Last Earnings
10/28/2022
Ex-Dividend for 12/12 Dividend
11/17/2022
Today
11/26/2022
Dividend Payable
12/12/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/27/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Petroleum refining
Sub-Industry
Integrated Oil & Gas
Sector
Oils/Energy
Current Symbol
NYSE:CVX
CUSIP
16676410
CIK
93410
Web
www.chevron.com
Phone
(925) 842-1000
Fax
415-894-6817
Employees
42,595
Year Founded
1879

Price Target and Rating

Average Stock Price Forecast
$179.85
High Stock Price Forecast
$215.00
Low Stock Price Forecast
$114.00
Forecasted Upside/Downside
-2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
21 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$17.58
Trailing P/E Ratio
10.45
Forward P/E Ratio
9.55
P/E Growth
0.65
Net Income
$15.63 billion
Net Margins
14.36%
Pretax Margin
19.69%
Return on Equity
22.36%
Return on Assets
13.36%

Debt

Debt-to-Equity Ratio
0.13
Current Ratio
1.40
Quick Ratio
1.15

Sales & Book Value

Annual Sales
$162.47 billion
Price / Sales
2.19
Cash Flow
$17.35 per share
Price / Cash Flow
10.59
Book Value
$82.55 per share
Price / Book
2.23

Miscellaneous

Outstanding Shares
1,933,640,000
Free Float
1,927,451,000
Market Cap
$355.21 billion
Optionable
Optionable
Beta
1.21

Social Links


Key Executives

  • Mr. Michael K. WirthMr. Michael K. Wirth (Age 61)
    Chairman & CEO
    Comp: $6.5M
  • Mr. Pierre R. BreberMr. Pierre R. Breber (Age 58)
    VP & CFO
    Comp: $2.94M
  • Mr. Mark A. NelsonMr. Mark A. Nelson (Age 59)
    Exec. VP of Strategy, Policy & Devel.
    Comp: $2.87M
  • Mr. James William JohnsonMr. James William Johnson (Age 63)
    Exec. VP & Sr. Advisor
    Comp: $4.05M
  • Ms. Eimear P. BonnerMs. Eimear P. Bonner (Age 47)
    VP, CTO & Pres of Chevron Technical Center
  • Mr. R. Hewitt PateMr. R. Hewitt Pate (Age 59)
    VP & Gen. Counsel
  • Ms. Rhonda J. MorrisMs. Rhonda J. Morris (Age 57)
    VP & Chief HR Officer
  • Mr. James Seutloadi
    Chairman & GM of Corp. & Gov. Affairs of Caltex Oil South Africa
  • Mr. Nigel Hearne (Age 54)
    Exec. VP of Oil, Products & Gas
  • Mr. Clay Neff (Age 60)
    Pres of International Exploration & Production

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













CVX Stock - Frequently Asked Questions

Should I buy or sell Chevron stock right now?

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CVX shares.
View CVX analyst ratings or view top-rated stocks.

What is Chevron's stock price forecast for 2023?

21 brokerages have issued 12 month price targets for Chevron's shares. Their CVX share price forecasts range from $114.00 to $215.00. On average, they predict the company's share price to reach $179.85 in the next twelve months. This suggests that the stock has a possible downside of 2.1%.
View analysts price targets for CVX or view top-rated stocks among Wall Street analysts.

How have CVX shares performed in 2022?

Chevron's stock was trading at $117.35 at the beginning of 2022. Since then, CVX stock has increased by 56.5% and is now trading at $183.70.
View the best growth stocks for 2022 here.

Are investors shorting Chevron?

Chevron saw a increase in short interest in October. As of October 31st, there was short interest totaling 20,730,000 shares, an increase of 17.7% from the October 15th total of 17,620,000 shares. Based on an average daily volume of 9,020,000 shares, the short-interest ratio is presently 2.3 days.
View Chevron's Short Interest.

When is Chevron's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 27th 2023.
View our CVX earnings forecast.

How were Chevron's earnings last quarter?

Chevron Co. (NYSE:CVX) posted its quarterly earnings data on Friday, October, 28th. The oil and gas company reported $5.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.22 by $0.34. The oil and gas company earned $66.64 billion during the quarter, compared to analysts' expectations of $61.44 billion. Chevron had a net margin of 14.36% and a trailing twelve-month return on equity of 22.36%. The company's revenue for the quarter was up 49.1% on a year-over-year basis. During the same period last year, the company earned $2.96 earnings per share.
Read the conference call transcript.

How often does Chevron pay dividends? What is the dividend yield for Chevron?

Chevron announced a quarterly dividend on Wednesday, October 26th. Shareholders of record on Friday, November 18th will be paid a dividend of $1.42 per share on Monday, December 12th. This represents a $5.68 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date is Thursday, November 17th.
Read our dividend analysis for CVX.

Is Chevron a good dividend stock?

Chevron (NYSE:CVX) pays an annual dividend of $5.68 per share and currently has a dividend yield of 3.08%. The company has been increasing its dividend for 35 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVX will have a dividend payout ratio of 33.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CVX.

What is Mike Wirth's approval rating as Chevron's CEO?

421 employees have rated Chevron Chief Executive Officer Mike Wirth on Glassdoor.com. Mike Wirth has an approval rating of 88% among the company's employees.

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).

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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.24%), BlackRock Inc. (6.72%), State Street Corp (6.70%), Bank of New York Mellon Corp (0.98%), Dimensional Fund Advisors LP (0.62%) and Nuveen Asset Management LLC (0.51%). Insiders that own company stock include Alice P Gast, Colin E Parfitt, David A Inchausti, David A Inchausti, Eimear P Bonner, Eimear P Bonner, Enrique Hernandez Jr, Enrique Hernandez, Jr, James William Johnson, John Frank, Joseph C Geagea, Mark A Nelson, Michael K Wirth, Michael K Wirth, Pierre R Breber, R Hewitt Pate, Rhonda J Morris, Rhonda J Morris and Wanda M Austin.
View institutional ownership trends.

How do I buy shares of Chevron?

Shares of CVX stock 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.
Compare Top Brokerages Here.

What is Chevron's stock price today?

One share of CVX stock can currently be purchased for approximately $183.70.

How much money does Chevron make?

Chevron (NYSE:CVX) has a market capitalization of $355.21 billion and generates $162.47 billion in revenue each year. The oil and gas company earns $15.63 billion in net income (profit) each year or $17.58 on an earnings per share basis.

How many employees does Chevron have?

The company employs 42,595 workers across the globe.

Does Chevron have any subsidiaries?
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 Nigeria Limited, Chevron Overseas Company, Chevron Overseas Petroleum Limited, Chevron Petroleum Company, Chevron Petroleum Limited, Chevron Petroleum Nigeria Limited, 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.
Read More
How can I contact Chevron?

Chevron's mailing address is 6001 BOLLINGER CANYON ROAD, SAN RAMON CA, 94583. The official website for the company is www.chevron.com. The oil and gas company can be reached via phone at (925) 842-1000, via email at invest@chevron.com, or via fax at 415-894-6817.

This page (NYSE:CVX) was last updated on 11/27/2022 by MarketBeat.com Staff