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S&P 500   4,140.06
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How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
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Pfizer buying spree continues with $5.4B hematology deal
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
'The Sacrifice Zone': Myanmar bears cost of green energy
Can Etsy Continue to Thrive After the Pandemic?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
'The Sacrifice Zone': Myanmar bears cost of green energy
Can Etsy Continue to Thrive After the Pandemic?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
'The Sacrifice Zone': Myanmar bears cost of green energy
Can Etsy Continue to Thrive After the Pandemic?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)

Chevron - CVX Stock Forecast, Price & News

$153.41
-0.23 (-0.15%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$153.15
$154.98
50-Day Range
$135.94
$181.13
52-Week Range
$92.86
$182.40
Volume
5.96 million shs
Average Volume
8.13 million shs
Market Capitalization
$301.42 billion
P/E Ratio
10.23
Dividend Yield
3.70%
Price Target
$173.00

Chevron MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
12.8% Upside
$173.00 Price Target
Short Interest
Healthy
1.01% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.96
Upright™ Environmental Score
News Sentiment
0.22mentions of Chevron in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$67.01 M Sold Last Quarter
Proj. Earnings Growth
-2.34%
From $17.51 to $17.10 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Oils/Energy Sector

41st out of 254 stocks

Petroleum Refining Industry

6th out of 20 stocks

CVX stock logo

About Chevron (NYSE:CVX) Stock

Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation 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, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. 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 based in San Ramon, California.

Chevron Stock Down 0.1 %

CVX opened at $153.41 on Tuesday. Chevron has a 12 month low of $92.86 and a 12 month high of $182.40. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.31 and a quick ratio of 1.11. The stock has a market cap of $301.42 billion, a P/E ratio of 10.23, a P/E/G ratio of 0.62 and a beta of 1.15. The stock's 50 day moving average price is $153.87 and its 200 day moving average price is $155.92.

Chevron (NYSE:CVX - Get Rating) last posted its earnings results on Friday, July 29th. The oil and gas company reported $5.82 EPS for the quarter, beating the consensus estimate of $4.66 by $1.16. Chevron had a return on equity of 19.73% and a net margin of 13.45%. The firm had revenue of $68.76 billion for the quarter, compared to analysts' expectations of $57.69 billion. During the same period last year, the firm earned $1.71 EPS. The firm's revenue was up 82.9% compared to the same quarter last year. As a group, research analysts predict that Chevron will post 17.51 earnings per share for the current year.

Chevron Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 12th. Stockholders of record on Friday, August 19th will be given a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Thursday, August 18th. Chevron's dividend payout ratio (DPR) is presently 37.89%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CVX. Credit Suisse Group increased their target price on Chevron from $190.00 to $202.00 and gave the company an "outperform" rating in a research note on Thursday, June 9th. Barclays increased their price target on Chevron from $183.00 to $196.00 and gave the company an "overweight" rating in a report on Tuesday, May 31st. Cowen reduced their price target on Chevron from $179.00 to $160.00 and set an "outperform" rating for the company in a report on Friday, July 1st. Wells Fargo & Company increased their price target on Chevron from $181.00 to $185.00 and gave the company an "overweight" rating in a report on Monday, August 1st. Finally, Bank of America increased their price target on Chevron from $178.00 to $180.00 and gave the company a "buy" rating in a report on Monday, August 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $173.00.

Insider Activity

In related news, insider David A. Inchausti sold 5,600 shares of Chevron stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $164.85, for a total value of $923,160.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider David A. Inchausti sold 5,600 shares of Chevron stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $164.85, for a total value of $923,160.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Enrique Hernandez, Jr. sold 39,773 shares of Chevron stock in a transaction on Monday, May 16th. The stock was sold at an average price of $173.99, for a total value of $6,920,104.27. Following the completion of the transaction, the director now owns 22,978 shares in the company, valued at $3,997,942.22. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 281,643 shares of company stock worth $48,289,065. 0.32% of the stock is owned by company insiders.

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CVX Stock News Headlines

ConocoPhillips Shares Advance On Strong Q2 Revenue (CVX)
After reporting strong Q2 results, ConocoPhillips rallied more than 3%, outpacing the S&P 500, which declined Friday. Other oil-and-gas companies also gained.
Devon Energy Looks Attractive if You Look Past the Headlines (CVX)
There are some very sound reasons to invest in DVN stock. However, it’s important to separate the long-term outlook from some short-term headwinds
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors
According to Bloomberg NEF, changing the world to "All Green Energy" could cost about $173 trillion. And without this rare metal, going green would be IMPOSSIBLE. That's why there's a literal "gold rush" to find it. (HINT: It's not electric vehicles, nuclear power, or wind energy).
MarketBeat: Week in Review 7/25 – 7/29 (CVX)
The markets are rallying as big tech earnings are lifting investors' spirits. Here are some of the stocks our analysts were looking at this week.
Windfall Profits Have Exxon Mobil On Track For New Highs (CVX)
Results from Exxon Mobil and its competitors proved the thesis of windfall profits correct, now its time for dividend increases and share repurchases.
Occidental Petroleum Leads Exxon Mobil, Chevron Ahead Of Earnings (CVX)
Like Exxon Mobil , Chevron, and other oil-and-gas producers, Occidental Petroleum (NYSE: OXY) has been forming a potentially constructive consolidation,
Exxon Mobil Leads The Oil Sector: Have Both Peaked? (CVX)
In recent sessions, Exxon Mobil has rallied along with the broader market, with the stock advancing 4.2% so far in July. Is Exxon Mobil representative of the broader energy sector, or an outlier? And did the sector’s mid-June peak mark the apex for the foreseeable future?
The Top-Rated Consumer Defensive Stocks With Yield Above 3.5%  (CVX)
We like using stock screens to look for investing ideas, not so much to find new investments but to remind us (after all these years) of good investments and, more specifically, the right investments for the right times.
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing
The White House is scared of our country's lithium supply running out. That's why Biden issued executive order 14017 to figure out how to expand our lithium production. And this is GREAT news for one company who's gobbling up land in the lithium-rich Nevada desert.
Chevron (NYSE:CVX) Raised to Buy at Societe Generale
No, I'm Not Selling Exxon and Chevron Here - RealMoney
See More Headlines
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CVX Company Calendar

Ex-Dividend for 6/10 Dividend
5/18/2022
Dividend Payable
6/10/2022
Last Earnings
7/29/2022
Today
8/09/2022
Ex-Dividend for 9/12 Dividend
8/18/2022
Dividend Payable
9/12/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Integrated Oil & Gas
CUSIP
16676410
Employees
42,595
Year Founded
1879

Price Target and Rating

Average Stock Price Forecast
$173.00
High Stock Price Forecast
$202.00
Low Stock Price Forecast
$114.00
Forecasted Upside/Downside
+12.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
21 Analysts

Profitability

Net Income
$15.63 billion
Pretax Margin
18.57%

Debt

Sales & Book Value

Annual Sales
$162.47 billion
Cash Flow
$17.37 per share
Book Value
$72.60 per share

Miscellaneous

Outstanding Shares
1,964,810,000
Free Float
1,958,526,000
Market Cap
$301.42 billion
Optionable
Optionable
Beta
1.15

Social Links















CVX Stock - Frequently Asked Questions

Should I buy or sell Chevron stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CVX shares.
View CVX analyst ratings
or view top-rated stocks.

What is Chevron's stock price forecast for 2022?

21 Wall Street analysts have issued 1-year target prices for Chevron's shares. Their CVX share price forecasts range from $114.00 to $202.00. On average, they anticipate the company's share price to reach $173.00 in the next year. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for CVX
or view top-rated stocks among Wall Street analysts.

How has Chevron's stock performed in 2022?

Chevron's stock was trading at $117.35 at the beginning of 2022. Since then, CVX stock has increased by 30.7% and is now trading at $153.41.
View the best growth stocks for 2022 here
.

When is Chevron's next earnings date?

Chevron is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our CVX earnings forecast
.

How were Chevron's earnings last quarter?

Chevron Co. (NYSE:CVX) issued its quarterly earnings data on Friday, July, 29th. The oil and gas company reported $5.82 earnings per share for the quarter, topping the consensus estimate of $4.66 by $1.16. The oil and gas company had revenue of $68.76 billion for the quarter, compared to analysts' expectations of $57.69 billion. Chevron had a net margin of 13.45% and a trailing twelve-month return on equity of 19.73%. The firm's revenue for the quarter was up 82.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.71 EPS.
Read the conference call transcript
.

How often does Chevron pay dividends? What is the dividend yield for Chevron?

Chevron announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Friday, August 19th will be paid a dividend of $1.42 per share on Monday, September 12th. This represents a $5.68 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend is Thursday, August 18th.
Read our dividend analysis for CVX
.

Is Chevron a good dividend stock?

Chevron (NYSE:CVX) pays an annual dividend of $5.68 per share and currently has a dividend yield of 3.70%. The company has been increasing its dividend for 35 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVX will have a dividend payout ratio of 33.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CVX.

What is Mike Wirth's approval rating as Chevron's CEO?

421 employees have rated Chevron Chief Executive Officer Mike Wirth on Glassdoor.com. Mike Wirth has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Chevron own?

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 Walt Disney (DIS).

What is Chevron's stock symbol?

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

Who are Chevron's major shareholders?

Chevron's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.31%), TD Asset Management Inc. (0.19%), Envestnet Asset Management Inc. (0.15%), Truist Financial Corp (0.12%), New York State Teachers Retirement System (0.12%) and State Board of Administration of Florida Retirement System (0.11%). Insiders that own company stock include Colin E Parfitt, David A Inchausti, David A Inchausti, Eimear P Bonner, Eimear P Bonner, Enrique Hernandez Jr, Enrique Hernandez, Jr, James William Johnson, John Frank, Joseph C Geagea, Mark A Nelson, Michael K Wirth, Pierre R Breber, Pierre R Breber, R Hewitt Pate, Rhonda J Morris, Rhonda J Morris and Wanda M Austin.
View institutional ownership trends
.

How do I buy shares of Chevron?

Shares of CVX stock 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.
Compare Top Brokerages Here.

What is Chevron's stock price today?

One share of CVX stock can currently be purchased for approximately $153.41.

How much money does Chevron make?

Chevron (NYSE:CVX) has a market capitalization of $301.42 billion and generates $162.47 billion in revenue each year. The oil and gas company earns $15.63 billion in net income (profit) each year or $14.99 on an earnings per share basis.

How many employees does Chevron have?

Chevron employs 42,595 workers across the globe.

Does Chevron have any subsidiaries?

The following companies are subsidiares of Chevron: Atlas Energy Inc, Cabinda Gulf Oil Company Limited, Chevron (Overseas) Holdings Limited, Chevron (Thailand) Limited, Chevron Argentina S.R.L., Chevron Australia Holdings Pty Ltd., Chevron Australia Pty Ltd., Chevron Canada Limited, Chevron Global Energy Inc., Chevron Global Technology Services Company, Chevron Investments Inc., Chevron LNG Shipping Company Limited, Chevron Nigeria Limited, Chevron Overseas Company, Chevron Overseas Petroleum Limited, Chevron Petroleum Company, Chevron Petroleum Limited, Chevron Petroleum Nigeria Limited, Chevron Thailand Exploration and Production Ltd., Chevron Thailand LLC, Chevron U.S.A. Holdings Inc., Chevron U.S.A. Inc., Chevron Venezuela Holdings LLC, Noble Energy, PT Chevron Pacific Indonesia, Puma Energy Asia Pacific B.V., Saudi Arabian Chevron Inc., Star Petroleum Refining Public Company Limited, Texaco Inc., Texaco Overseas Holdings Inc., Texaco Venezuela Holdings (I) Company, Union Oil Company of California, Unocal Corporation, and Unocal International Corporation.
Read More

When was Chevron founded?

Chevron was founded in 1879.

How can I contact Chevron?

Chevron's mailing address is 6001 BOLLINGER CANYON ROAD, SAN RAMON CA, 94583. The official website for the company is www.chevron.com. The oil and gas company can be reached via phone at (925) 842-1000, via email at invest@chevron.com, or via fax at 415-894-6817.

This page (NYSE:CVX) was last updated on 8/9/2022 by MarketBeat.com Staff

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