Chevron Stock Forecast, Price & News

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 9 hold ratings and 16 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 top-rated stocks.

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.
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Chevron saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 15,790,000 shares, a decrease of 30.9% from the March 15th total of 22,850,000 shares. Based on an average daily trading volume, of 11,150,000 shares, the days-to-cover ratio is presently 1.4 days.
View Chevron's Short Interest.

Chevron is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for Chevron.

Chevron Co. (NYSE:CVX) posted its quarterly earnings results on Thursday, April, 29th. The oil and gas company reported $0.90 EPS for the quarter, missing the consensus estimate of $0.92 by $0.02. The oil and gas company earned $32.03 billion during the quarter, compared to analysts' expectations of $31.82 billion. Chevron had a positive trailing twelve-month return on equity of 1.75% and a negative net margin of 10.86%. The business's revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.29 EPS.
View Chevron's earnings history.

Chevron's stock was trading at $83.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CVX shares have increased by 32.7% and is now trading at $110.17.
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Chevron declared a quarterly dividend on Wednesday, April 28th. Investors of record on Wednesday, May 19th will be paid a dividend of $1.34 per share on Thursday, June 10th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 4.87%. The ex-dividend date of this dividend is Tuesday, May 18th. This is a boost from Chevron's previous quarterly dividend of $1.29.
View Chevron's dividend history.

Chevron pays an annual dividend of $5.16 per share and currently has a dividend yield of 4.74%. 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 34 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.

25 Wall Street analysts have issued 1-year target prices for Chevron's shares. Their forecasts range from $90.00 to $130.00. On average, they anticipate Chevron's share price to reach $111.42 in the next year. This suggests a possible upside of 1.1% from the stock's current price.
View analysts' price targets for Chevron or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Chevron include Exxon Mobil (XOM), BP (BP), ConocoPhillips (COP), Equinor ASA (EQNR), China Petroleum & Chemical (SNP), Marathon Petroleum (MPC), Phillips 66 (PSX), Suncor Energy (SU), Valero Energy (VLO), Hess (HES), Imperial Oil (IMO), Repsol (REPYY), HollyFrontier (HFC), Sunoco (SUN) and CVR Energy (CVI).
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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 a variety of institutional and retail investors. Top institutional shareholders include Swiss National Bank (0.38%), Sumitomo Mitsui Trust Holdings Inc. (0.36%), Alliancebernstein L.P. (0.33%), Fisher Asset Management LLC (0.30%), Diamond Hill Capital Management Inc. (0.23%) and The PNC Financial Services Group Inc. (0.20%). Company insiders that own Chevron stock include David A Inchausti, Debra L Reed, Enrique Hernandez Jr, 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 DekaBank Deutsche Girozentrale, Alliancebernstein L.P., Strs Ohio, Ferguson Wellman Capital Management Inc., Robeco Institutional Asset Management B.V., Rhumbline Advisers, Pacific Heights Asset Management LLC, and The PNC Financial Services Group Inc.. 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 bought by a variety of institutional investors in the last quarter, including GSB Wealth Management LLC, Envestnet Asset Management Inc., Assenagon Asset Management S.A., Diamond Hill Capital Management Inc., Los Angeles Capital Management LLC, Wesbanco Bank Inc., Smead Capital Management Inc., and Fisher Asset Management 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 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.
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One share of CVX stock can currently be purchased for approximately $110.17.

Chevron has a market capitalization of $212.41 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 47,736 workers across the globe.

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.

Chevron was founded in 1879.

The official website for Chevron is www.chevron.com.

Chevron is headquartered at 6001 BOLLINGER CANYON ROAD, SAN RAMON CA, 94583.

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]