Chevron Stock Forecast, Price & 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 (WHO). Since then, CVX stock has decreased by 12.6% and is now trading at $72.57.
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27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 1 sell rating, 8 hold ratings and 18 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, October 30th 2020.
View our earnings forecast for Chevron.

Chevron will be holding an earnings conference call on Friday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Chevron Co. (NYSE:CVX) issued its quarterly earnings results on Friday, July, 31st. The oil and gas company reported ($1.59) EPS for the quarter, missing analysts' consensus estimates of ($0.93) by $0.66. The oil and gas company had revenue of $13.95 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was down 64.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.77 earnings per share.
View Chevron's earnings history.

Chevron announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Wednesday, August 19th will be paid a dividend of $1.29 per share on Thursday, September 10th. This represents a $5.16 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date of this dividend is Tuesday, August 18th.
View Chevron's dividend history.

27 analysts have issued twelve-month price targets for Chevron's stock. Their forecasts range from $86.00 to $143.00. On average, they expect Chevron's stock price to reach $107.12 in the next year. This suggests a possible upside of 47.6% from the stock's current price.
View analysts' price targets for Chevron.

News stories about CVX stock have trended somewhat negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Chevron earned a coverage optimism score of -1.5 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the stock's share price in the next several days.
View the latest news about Chevron.

Some companies that are related to Chevron include Exxon Mobil (XOM), (RDS.B) (RDS.B), BP (BP), Equinor ASA (EQNR), China Petroleum & Chemical (SNP), ConocoPhillips (COP), Phillips 66 (PSX), Marathon Petroleum (MPC), Suncor Energy (SU), Valero Energy (VLO), Hess (HES), Repsol (REPYY), Imperial Oil (IMO), Imperial Oil (IMO) and HollyFrontier (HFC).
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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 many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), Standard Life Aberdeen plc (0.07%), Retirement Systems of Alabama (0.07%), ACR Alpine Capital Research LLC (0.07%), Confluence Investment Management LLC (0.05%) and Hamlin Capital Management LLC (0.05%). 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 Assenagon Asset Management S.A., Atalanta Sosnoff Capital LLC, DAVENPORT & Co LLC, Aptus Capital Advisors LLC, Adams Natural Resources Fund Inc., Standard Life Aberdeen plc, DNB Asset Management AS, and Bartlett & Co. LLC. 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 purchased by a variety of institutional investors in the last quarter, including ACR Alpine Capital Research LLC, Avantax Advisory Services Inc., Hamlin Capital Management LLC, Envestnet Asset Management Inc., Signature Estate & Investment Advisors LLC, Garland Capital Management Inc., Douglas Lane & Associates LLC, and Corbenic Partners 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.

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 $72.57.

Chevron has a market capitalization of $135.51 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]