NYSE:CVX - Chevron Stock Price, News, & Analysis

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$117.32 -3.25 (-2.70 %)
(As of 05/23/2019 01:43 PM ET)
Previous Close$120.57
Today's Range$116.86 - $121.43
52-Week Range$100.22 - $128.79
Volume6.23 million shs
Average Volume10.01 million shs
Market Capitalization$223.46 billion
P/E Ratio14.22
Dividend Yield3.92%
Beta1
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.

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Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
CUSIP16676410
Phone925-842-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$166.34 billion
Cash Flow$17.8298 per share
Book Value$81.96 per share

Profitability

Net Income$14.82 billion

Miscellaneous

Employees48,600
Outstanding Shares1,904,740,000
Market Cap$223.46 billion
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. Investors 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 yield of 4.07%. 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 quarterly earnings results on Friday, April, 26th. The oil and gas company reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.13. The oil and gas company had revenue of $35.20 billion for the quarter, compared to analyst estimates of $38.42 billion. Chevron had a return on equity of 9.07% and a net margin of 8.45%. The company's quarterly revenue was down 6.8% on a year-over-year basis. During the same period last year, the business posted $1.90 EPS. View Chevron's Earnings History.

When is Chevron's next earnings date?

Chevron is scheduled to release their next quarterly earnings announcement on Friday, July 26th 2019. View Earnings Estimates for Chevron.

What price target have analysts set for CVX?

19 brokerages have issued 1 year price objectives for Chevron's shares. Their predictions range from $112.95 to $158.00. On average, they expect Chevron's share price to reach $135.6083 in the next year. This suggests a possible upside of 15.9% 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?

Headlines about CVX stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. 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 news impact score of 1.9 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Chevron?

Chevron saw a increase in short interest during 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 trading volume, of 12,562,691 shares, the short-interest ratio is currently 2.3 days. Currently, 1.5% of the shares of the stock are short sold. View Chevron's Current Options Chain.

Who are some of Chevron's key competitors?

What other stocks do shareholders of Chevron own?

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), General Electric (GE), Intel (INTC), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Boeing (BA) and Pfizer (PFE).

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 a number of of retail and institutional investors. Top institutional shareholders 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 major 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 major 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 $117.01.

How big of a company is Chevron?

Chevron has a market capitalization of $222.87 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?

The official website for Chevron is http://www.chevron.com/.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  937 (Vote Outperform)
Underperform Votes:  780 (Vote Underperform)
Total Votes:  1,717
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.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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