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 (WHO). Since then, CVX shares have increased by 10.5% and is now trading at $91.73.
View which stocks have been most impacted by COVID-19.

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 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 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.
View MarketBeat's top stock picks here.

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

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

Chevron will be holding an earnings conference call on Friday, January 29th 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) announced its quarterly earnings results on Wednesday, November, 4th. The oil and gas company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.27) by $0.38. The oil and gas company had revenue of $24.45 billion for the quarter, compared to the consensus estimate of $26.34 billion. Chevron had a positive trailing twelve-month return on equity of 1.75% and a negative net margin of 10.86%. The company's quarterly revenue was down 32.3% compared to the same quarter last year. During the same period last year, the company earned $1.55 EPS.
View Chevron's earnings history.

Chevron declared a quarterly dividend on Wednesday, October 28th. Shareholders 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 dividend yield of 5.63%. The ex-dividend date is Tuesday, November 17th.
View Chevron's dividend history.

Chevron pays an annual dividend of $5.16 per share and currently has a dividend yield of 5.63%. 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 32 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 Wall Street analysts have issued 1 year target prices for Chevron's shares. Their forecasts range from $88.00 to $121.00. On average, they expect Chevron's share price to reach $104.24 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price.
View analysts' price targets for Chevron or view Wall Street analyst' top-rated stocks.

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), HollyFrontier (HFC) and Sunoco (SUN).
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 many different retail and institutional investors. Top institutional investors include ACR Alpine Capital Research LLC (0.07%), Gateway Investment Advisers LLC (0.04%), Huntington National Bank (0.03%), Douglas Lane & Associates LLC (0.02%), RNC Capital Management LLC (0.02%) and State of Alaska Department of Revenue (0.02%). 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 Manning & Napier Group LLC, Avantax Advisory Services Inc., Edge Wealth Management LLC, RNC Capital Management LLC, Cullinan Associates Inc., Pacer Advisors Inc., Gillespie Robinson & Grimm Inc., and Fluent Financial LLC. 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 CHURCHILL MANAGEMENT Corp, ACR Alpine Capital Research LLC, Stack Financial Management Inc, Kestra Advisory Services LLC, Douglas Lane & Associates LLC, F&V Capital Management LLC, DNB Asset Management AS, and Founders Capital Management. 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.

One share of CVX stock can currently be purchased for approximately $91.73.

Chevron has a market capitalization of $171.29 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]