NYSE:CVXChevron Stock Price, Forecast & 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 increased by 6.0% and is now trading at $88.04. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 1 sell rating, 6 hold ratings and 15 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, August 7th 2020. View our earnings forecast for Chevron.

Chevron Co. (NYSE:CVX) posted its earnings results on Friday, May, 1st. The oil and gas company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $0.64 by $1.29. The oil and gas company had revenue of $31.50 billion for the quarter, compared to the consensus estimate of $30.46 billion. Chevron had a return on equity of 8.28% and a net margin of 2.71%. Chevron's revenue was down 10.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.47 EPS. View Chevron's earnings history.

Chevron declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Tuesday, May 19th will be given a dividend of $1.29 per share on Wednesday, June 10th. This represents a $5.16 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date is Monday, May 18th. View Chevron's dividend history.

22 Wall Street analysts have issued twelve-month price objectives for Chevron's shares. Their forecasts range from $88.00 to $165.00. On average, they expect Chevron's share price to reach $113.33 in the next twelve months. This suggests a possible upside of 28.7% from the stock's current price. View analysts' price targets for Chevron.

Media stories about CVX stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chevron earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Chevron.

Chevron saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 16,410,000 shares, a drop of 7.4% from the June 15th total of 17,720,000 shares. Based on an average daily volume of 12,510,000 shares, the short-interest ratio is currently 1.3 days. Approximately 0.9% of the shares of the stock are short sold. View Chevron's Current Options Chain.

Some companies that are related to Chevron include Exxon Mobil (XOM), Royal Dutch Shell (RDS.B), BP (BP), China Petroleum & Chemical (SNP), Equinor ASA (EQNR), ConocoPhillips (COP), Phillips 66 (PSX), Suncor Energy (SU), Marathon Petroleum (MPC), Valero Energy (VLO), Hess (HES), Repsol (REPYY), HollyFrontier (HFC), YPF (YPF) and CVR Energy (CVI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chevron investors own include Exxon Mobil (XOM), AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), Intel (INTC), Cisco Systems (CSCO), Walt Disney (DIS), Pfizer (PFE) and Boeing (BA).

Chevron trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVX."

Chevron's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.05%), State of Alaska Department of Revenue (0.02%), Park National Corp OH (0.01%), Private Asset Management Inc. (0.01%), First Financial Bank Trust Division (0.00%) and Courier Capital LLC (0.00%). 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 HNP Capital LLC, Park National Corp OH, Municipal Employees Retirement System of Michigan, Confluence Investment Management LLC, M&R Capital Management Inc., Thomasville National Bank, State of Alaska Department of Revenue, and Private Asset Management Inc.. Company insiders that have sold Chevron company stock in the last year include David A Inchausti, Joseph C Geagea, Michael K Wirth, Pierre R Breber, 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 Truehand Inc, Ellevest Inc., Fulton Bank N. A., Nelson Van Denburg & Campbell Wealth Management Group LLC, First Financial Bank Trust Division, Red Door Wealth Management LLC, Stillwater Investment Management LLC, and Courier Capital 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 $88.04.

Chevron has a market capitalization of $164.37 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]