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.
Industry, Sector and Symbol
Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
Phone925-842-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$166.34 billion
Profitability
Miscellaneous
Employees48,600
Next Earnings Date4/26/2019 (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, January 30th. Investors of record on Friday, February 15th will be paid a dividend of $1.19 per share on Monday, March 11th. This represents a $4.76 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend is Thursday, February 14th. This is a boost from Chevron's previous quarterly dividend of $1.12. View Chevron's Dividend History.
How were Chevron's earnings last quarter?
Chevron Co. (NYSE:CVX) announced its quarterly earnings data on Friday, February, 1st. The oil and gas company reported $1.95 EPS for the quarter, topping the Zacks' consensus estimate of $1.87 by $0.08. The oil and gas company earned $42.35 billion during the quarter, compared to analyst estimates of $41.46 billion. Chevron had a net margin of 8.91% and a return on equity of 9.78%. The company's quarterly revenue was up 12.6% on a year-over-year basis. During the same period last year, the business earned $1.64 EPS. View Chevron's Earnings History.
When is Chevron's next earnings date?
What price target have analysts set for CVX?
17 Wall Street analysts have issued twelve-month price objectives for Chevron's stock. Their forecasts range from $112.95 to $158.00. On average, they anticipate Chevron's stock price to reach $134.9971 in the next year. This suggests a possible upside of 9.7% from the stock's current price. View Analyst Price Targets for Chevron.
What is the consensus analysts' recommendation for Chevron?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 6 hold ratings, 10 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. Barclays PLC analysts commented, "We reiterate our OW rating and raise our PT to $150." (3/6/2019)
- 2. According to Zacks Investment Research, "Chevron's financial results greatly improved over the past few quarters, aided by surging production and higher realizations. The company’s existing oil and gas development project pipeline is among the best in the industry, targeting volume growth of around 7% in 2018 thanks to planned expansion in the Permian Basin. The oil supermajor pumped 80% more out of the West Texas shale play in the third quarter compared with the same period last year, with production set to soar in coming years. Chevron recently announced first oil from the Big Foot project in the GoM, which should offer further production upside in the near-term. However, there are worries over drop in its downstream earnings due to weak international margins that once again cut into overall gains from rising E&P income. Hence, investors are advised to wait for a better entry point before buying shares in Chevron." (1/29/2019)
Has Chevron been receiving favorable news coverage?
Media coverage about CVX stock has trended somewhat negative on Sunday, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chevron earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.
Who are some of Chevron's key competitors?
Some companies that are related to Chevron include Exxon Mobil (XOM), Royal Dutch Shell (RDS.B), BP (BP), China Petroleum & Chemical (SNP), ConocoPhillips (COP), Equinor ASA (EQNR), Suncor Energy (SU), Phillips 66 (PSX), Marathon Petroleum (MPC), Valero Energy (VLO), Repsol (REPYY), Hess (HES), HollyFrontier (HFC), YPF (YPF) and CVR Energy (CVI).
What other stocks do shareholders of Chevron own?
Who are Chevron's key executives?
Chevron's management team includes the folowing people:
- Mr. Michael K. Wirth, Chairman & CEO (Age 58)
- Ms. Patricia E. Yarrington, VP & CFO (Age 63)
- Mr. Joseph C. Geagea, Exec. VP of Technology, Projects & Services (Age 60)
- Mr. James William Johnson, Exec. VP of Upstream (Age 60)
- Ms. Jeanette L. Ourada, Principal Accounting Officer, VP & Comptroller (Age 53)
Who are Chevron's major shareholders?
Chevron's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.69%), Oregon Public Employees Retirement Fund (2.93%), FMR LLC (1.59%), Northern Trust Corp (1.40%), Geode Capital Management LLC (1.27%) and Bank of New York Mellon Corp (1.06%). Company insiders that own Chevron stock include 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 institutional investors are selling Chevron stock?
CVX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Millennium Management LLC, Bessemer Group Inc., Bank of New York Mellon Corp, Los Angeles Capital Management & Equity Research Inc., American Century Companies Inc., American International Group Inc. and Barrow Hanley Mewhinney & Strauss LLC. Company insiders that have sold Chevron company stock in the last year include James William Johnson, Jeanette L Ourada, Joseph C Geagea, Michael K Wirth, Patricia E Yarrington, Pierre R Breber and R Hewitt Pate. View Insider Buying and Selling for Chevron.
Which institutional investors are buying Chevron stock?
CVX stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, BlackRock Inc., Geode Capital Management LLC, Prudential Financial Inc., Nordea Investment Management AB, Dimensional Fund Advisors LP and Royal London Asset Management Ltd.. 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 $123.09.
How big of a company is Chevron?
Chevron has a market capitalization of $233.88 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?
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)
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.
