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 2.6% and is now trading at $85.23. 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, July 31st 2020. View our earnings forecast for Chevron.

Chevron will be holding an earnings conference call on Friday, July 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Chevron Co. (NYSE:CVX) announced its quarterly earnings results on Friday, May, 1st. The oil and gas company reported $1.93 EPS for the quarter, topping the Zacks' consensus estimate of $0.64 by $1.29. The oil and gas company had revenue of $31.50 billion for the quarter, compared to analyst estimates of $30.46 billion. Chevron had a net margin of 2.71% and a return on equity of 8.28%. The company's revenue for the quarter was down 10.5% compared to the same quarter last year. During the same period last year, the firm earned $1.47 EPS. View Chevron's earnings history.

Chevron announced a quarterly dividend on Wednesday, April 29th. Investors of record on Tuesday, May 19th will be paid a dividend of $1.29 per share on Wednesday, June 10th. This represents a $5.16 annualized dividend and a dividend yield of 6.05%. The ex-dividend date of this dividend is Monday, May 18th. View Chevron's dividend history.

22 equities research analysts have issued 1-year price targets for Chevron's stock. Their forecasts range from $88.00 to $165.00. On average, they expect Chevron's stock price to reach $113.33 in the next twelve months. This suggests a possible upside of 33.0% from the stock's current price. View analysts' price targets for Chevron.

Press coverage about CVX stock has trended negative recently, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Chevron earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news about Chevron.

Chevron saw a drop in short interest in 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 days-to-cover 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 many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), Confluence Investment Management LLC (0.05%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Park National Corp OH (0.01%) and Gradient Investments LLC (0.01%). 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, Rockland Trust Co., 6 Meridian, Park National Corp OH, Municipal Employees Retirement System of Michigan, Confluence Investment Management LLC, Martin Capital Partners LLC, and Clarius Group LLC. 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 Envestnet Asset Management Inc., Canandaigua National Corp, Mountain Capital Investment Advisors Inc, Spirit of America Management Corp NY, Bright Rock Capital Management LLC, Chemung Canal Trust Co., Gradient Investments LLC, and Trinity Legacy Partners 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 $85.23.

Chevron has a market capitalization of $159.12 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]