Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as plastics for industrial uses. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.
Industry, Sector and Symbol
Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
Phone925-842-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$166.34 billion
Profitability
Miscellaneous
Employees48,600
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable
Chevron (NYSE:CVX) Frequently Asked Questions
What is Chevron's stock symbol?
Chevron trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVX."
How often does Chevron pay dividends? What is the dividend yield for Chevron?
Chevron declared a quarterly dividend on Wednesday, April 24th. Stockholders of record on Friday, May 17th will be given a dividend of $1.19 per share on Monday, June 10th. This represents a $4.76 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Thursday, May 16th. View Chevron's Dividend History.
How were Chevron's earnings last quarter?
Chevron Co. (NYSE:CVX) posted its earnings results on Friday, April, 26th. The oil and gas company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.26 by $0.13. The oil and gas company earned $35.20 billion during the quarter, compared to analysts' expectations of $38.42 billion. Chevron had a return on equity of 9.07% and a net margin of 8.45%. The company's revenue for the quarter was down 6.8% on a year-over-year basis. During the same period last year, the company posted $1.90 earnings per share. View Chevron's Earnings History.
When is Chevron's next earnings date?
What price target have analysts set for CVX?
19 Wall Street analysts have issued 1-year price targets for Chevron's shares. Their forecasts range from $112.95 to $158.00. On average, they anticipate Chevron's share price to reach $135.6083 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Price Targets for Chevron.
What is the consensus analysts' recommendation for Chevron?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 5 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Chevron.
What are Wall Street analysts saying about Chevron stock?
Here are some recent quotes from research analysts about Chevron stock:
- 1. According to Zacks Investment Research, "Chevron's Q1 earnings were ahead of analysts' expectations, while upstream production exceeded 3 million barrels per day for the second successive quarter. Chevron’s existing oil and gas development project pipeline is among the best in the industry, targeting volume growth of around 4-7% in 2019 thanks to planned expansion in the Permian Basin. The company's recently announced $50 billion Anadarko acquisition also looks compelling. However, there are worries over continued drop in its downstream earnings that once again cut into overall gains from rising production. The massive capex might also play a spoilsport. Hence, investors are advised to wait for a better entry point before buying shares in Chevron." (5/7/2019)
- 2. Barclays PLC analysts commented, "We reiterate our OW rating and raise our PT to $150." (3/6/2019)
Has Chevron been receiving favorable news coverage?
News stories about CVX stock have been trending somewhat negative on Wednesday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Chevron earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.
Are investors shorting Chevron?
Chevron saw a increase in short interest in the month of April. As of April 30th, there was short interest totalling 28,448,531 shares, an increase of 67.3% from the April 15th total of 17,007,784 shares. Based on an average daily volume of 12,562,691 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.5% of the shares of the stock are sold short. View Chevron's Current Options Chain.
Who are some of Chevron's key competitors?
Some companies that are related to Chevron include Exxon Mobil (XOM), Royal Dutch Shell (RDS.B), BP (BP), China Petroleum & Chemical (SNP), ConocoPhillips (COP), Equinor ASA (EQNR), Suncor Energy (SU), Phillips 66 (PSX), Marathon Petroleum (MPC), Valero Energy (VLO), Repsol (REPYY), Hess (HES), HollyFrontier (HFC), YPF (YPF) and CVR Energy (CVI).
What other stocks do shareholders of Chevron own?
Who are Chevron's key executives?
Chevron's management team includes the folowing people:
- Mr. Michael K. Wirth, Chairman & CEO (Age 58)
- Mr. Pierre R. Breber, VP & CFO (Age 55)
- Mr. Joseph C. Geagea, Exec. VP of Technology, Projects & Services (Age 60)
- Mr. James William Johnson, Exec. VP of Upstream (Age 60)
- Mr. R. Hewitt Pate, VP & Gen. Counsel (Age 56)
Who are Chevron's major shareholders?
Chevron's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.67%), Wellington Management Group LLP (2.13%), Northern Trust Corp (1.43%), FMR LLC (1.37%), Geode Capital Management LLC (1.33%) and Dimensional Fund Advisors LP (0.84%). Company insiders that own Chevron stock include Enrique Hernandez Jr, James William Johnson, Jeanette L Ourada, Jeffrey Norman Kendrick, Joseph C Geagea, Linnet F Deily, Michael K Wirth, Patricia E Yarrington, Pierre R Breber and R Hewitt Pate. View Institutional Ownership Trends for Chevron.
Which institutional investors are selling Chevron stock?
CVX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Wellington Management Group LLP, Morgan Stanley, AQR Capital Management LLC, Federated Investors Inc. PA, BlackRock Inc., Nordea Investment Management AB and Assenagon Asset Management S.A.. Company insiders that have sold Chevron company stock in the last year include Enrique Hernandez Jr, James William Johnson and Jeanette L Ourada. View Insider Buying and Selling for Chevron.
Which institutional investors are buying Chevron stock?
CVX stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Renaissance Technologies LLC, AJO LP, Geode Capital Management LLC, Hexavest Inc., FIL Ltd, Ellis Investment Partners LLC and Northern Trust Corp. View Insider Buying and Selling for Chevron.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Chevron's stock price today?
One share of CVX stock can currently be purchased for approximately $121.34.
How big of a company is Chevron?
Chevron has a market capitalization of $231.12 billion and generates $166.34 billion in revenue each year. The oil and gas company earns $14.82 billion in net income (profit) each year or $8.25 on an earnings per share basis. Chevron employs 48,600 workers across the globe.
What is Chevron's official website?
How can I contact Chevron?
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]
MarketBeat Community Rating for Chevron (NYSE CVX)
MarketBeat's community ratings are surveys of what our community members think about Chevron and other stocks. Vote "Outperform" if you believe CVX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVX will underperform the S&P 500 over the long term. You may vote once every thirty days.
