Chevron Stock Forecast, Price & 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. Since then, CVX shares have increased by 5.3% and is now trading at $87.45.
View which stocks have been most impacted by COVID-19.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 9 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Chevron or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Chevron a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year 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.
View MarketBeat's top stock picks here.

Chevron is scheduled to release its next quarterly earnings announcement on Friday, January 29th 2021.
View our earnings forecast for Chevron.

Chevron Co. (NYSE:CVX) released its earnings results on Wednesday, November, 4th. The oil and gas company reported $0.11 EPS for the quarter, beating the consensus estimate of ($0.27) by $0.38. The oil and gas company had revenue of $24.45 billion for the quarter, compared to analysts' expectations of $26.34 billion. Chevron had a positive return on equity of 1.75% and a negative net margin of 10.86%. Chevron's revenue was down 32.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.55 earnings per share.
View Chevron's earnings history.

Chevron declared a quarterly dividend on Wednesday, October 28th. Investors of record on Wednesday, November 18th will be given a dividend of $1.29 per share on Thursday, December 10th. This represents a $5.16 dividend on an annualized basis and a yield of 5.90%. The ex-dividend date is Tuesday, November 17th.
View Chevron's dividend history.

25 brokerages have issued 12 month price targets for Chevron's shares. Their forecasts range from $86.00 to $128.00. On average, they anticipate Chevron's stock price to reach $105.83 in the next year. This suggests a possible upside of 21.0% from the stock's current price.
View analysts' price targets for Chevron.

Chevron saw a decrease in short interest in October. As of October 15th, there was short interest totaling 16,370,000 shares, a decrease of 15.9% from the September 30th total of 19,470,000 shares. Based on an average daily volume of 10,330,000 shares, the days-to-cover ratio is currently 1.6 days.
View Chevron's Short Interest.

Some companies that are related to Chevron include Exxon Mobil (XOM), (RDS.B) (RDS.B), BP (BP), China Petroleum & Chemical (SNP), Equinor ASA (EQNR), ConocoPhillips (COP), Phillips 66 (PSX), Marathon Petroleum (MPC), Suncor Energy (SU), Valero Energy (VLO), Repsol (REPYY), Hess (HES), Imperial Oil (IMO), Imperial Oil (IMO) and HollyFrontier (HFC).
View all 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.98%), State Street Corp (6.35%), Morgan Stanley (0.96%), Charles Schwab Investment Management Inc. (0.72%), Swiss National Bank (0.39%) and UBS Asset Management Americas Inc. (0.35%). 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 State Street Corp, CIBC Private Wealth Group LLC, Assenagon Asset Management S.A., Waverton Investment Management Ltd, First Trust Advisors LP, Atalanta Sosnoff Capital LLC, Westwood Holdings Group Inc., and Charles Schwab Investment Management 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.

CVX stock was bought by a variety of institutional investors in the last quarter, including Voloridge Investment Management LLC, BlackRock Inc., Great West Life Assurance Co. Can, Vaughan Nelson Investment Management L.P., Morgan Stanley, ACR Alpine Capital Research LLC, TD Asset Management Inc., and Bradley Foster & Sargent Inc. CT. 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 $87.45.

Chevron has a market capitalization of $163.30 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]