Chevron Stock Forecast, Price & News

Chevron's stock was trading at $83.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CVX stock has increased by 14.7% and is now trading at $95.20.
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26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last twelve months. There are currently 7 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Chevron stock.
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Chevron is scheduled to release its next quarterly earnings announcement on Friday, January 29th 2021.
View our earnings forecast for Chevron.

Chevron will be holding an earnings conference call on Friday, January 29th 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) released its quarterly earnings data on Wednesday, November, 4th. The oil and gas company reported $0.11 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.27) by $0.38. The oil and gas company earned $24.45 billion during the quarter, compared to analyst estimates of $26.34 billion. Chevron had a positive return on equity of 1.75% and a negative net margin of 10.86%. Chevron's quarterly revenue was down 32.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.55 EPS.
View Chevron's earnings history.

Chevron announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Wednesday, November 18th will be given a dividend of $1.29 per share on Thursday, December 10th. This represents a $5.16 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date of this dividend is Tuesday, November 17th.
View Chevron's dividend history.

Chevron pays an annual dividend of $5.16 per share and currently has a dividend yield of 5.60%. 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 32 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.

26 brokerages have issued twelve-month price objectives for Chevron's shares. Their forecasts range from $88.00 to $121.00. On average, they anticipate Chevron's stock price to reach $104.64 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price.
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Some companies that are related to Chevron include Exxon Mobil (XOM), (RDS.B) (RDS.B), BP (BP), Equinor ASA (EQNR), China Petroleum & Chemical (SNP), ConocoPhillips (COP), Phillips 66 (PSX), Marathon Petroleum (MPC), Suncor Energy (SU), Valero Energy (VLO), Hess (HES), Repsol (REPYY), Imperial Oil (IMO), HollyFrontier (HFC) and Sunoco (SUN).
View all of CVX's competitors.

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 number of retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.04%), Huntington National Bank (0.03%), Douglas Lane & Associates LLC (0.02%), RNC Capital Management LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Signature Estate & Investment Advisors LLC (0.02%). 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 Edge Wealth Management LLC, RNC Capital Management LLC, Cullinan Associates Inc., Gillespie Robinson & Grimm Inc., Centre Asset Management LLC, Abner Herrman & Brock LLC, Fulton Breakefield Broenniman LLC, and Private Asset Management Inc.. Company insiders that have sold Chevron company stock in the last year include David A Inchausti, and Rhonda J Morris.
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CVX stock was acquired by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, Stack Financial Management Inc, Douglas Lane & Associates LLC, F&V Capital Management LLC, DNB Asset Management AS, Founders Capital Management, IFM Investors Pty Ltd, and Mirador Capital Partners LP. 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.

One share of CVX stock can currently be purchased for approximately $95.20.

Chevron has a market capitalization of $177.77 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]