NYSE:CVX - Chevron Stock Price, Forecast & News

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 decreased by 17.2% and is now trading at $68.78. View which stocks have been mosted impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chevron in the last year. There are currently 5 hold ratings and 13 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, April 24th 2020. View our earnings forecast for Chevron.

Chevron Co. (NYSE:CVX) released its earnings results on Friday, January, 31st. The oil and gas company reported $1.49 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.47 by $0.02. The oil and gas company earned $36.35 billion during the quarter, compared to analyst estimates of $38.98 billion. Chevron had a return on equity of 8.29% and a net margin of 2.00%. The business's quarterly revenue was down 14.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.95 earnings per share. View Chevron's earnings history.

Chevron declared a quarterly dividend on Wednesday, January 29th. Stockholders of record on Tuesday, February 18th will be paid a dividend of $1.29 per share on Tuesday, March 10th. This represents a $5.16 annualized dividend and a dividend yield of 7.50%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Chevron's previous quarterly dividend of $1.19. View Chevron's dividend history.

18 Wall Street analysts have issued 1 year price targets for Chevron's stock. Their forecasts range from $88.00 to $165.00. On average, they anticipate Chevron's stock price to reach $119.56 in the next twelve months. This suggests a possible upside of 73.8% from the stock's current price. View analysts' price targets for Chevron.

News coverage about CVX stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chevron earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned media stories 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 stock's share price in the immediate future. View the latest news aboutChevron.

Chevron saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 21,634,300 shares, an increase of 29.8% from the February 27th total of 16,670,000 shares. Based on an average daily trading volume, of 8,300,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.2% of the shares of the company are sold short. 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), Valero Energy (VLO), Suncor Energy (SU), Marathon Petroleum (MPC), Repsol (REPYY), Hess (HES), HollyFrontier (HFC), CVR Energy (CVI) and YPF (YPF).

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), Intel (INTC), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), General Electric (GE) and Pfizer (PFE).

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 Wealth Quarterback LLC (8.82%), State Street Corp (6.04%), Capital International Investors (1.72%), Geode Capital Management LLC (1.46%), Norges Bank (1.13%) and Bank of New York Mellon Corp (1.06%). 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, Patricia E Yarrington, Pierre R Breber, R Hewitt Pate 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 LSV Asset Management, Barrow Hanley Mewhinney & Strauss LLC, Boston Partners, Investec Asset Management LTD, Prudential Financial Inc., California Public Employees Retirement System, AJO LP, and State of Tennessee Treasury Department. Company insiders that have sold Chevron company stock in the last year include David A Inchausti, Enrique Hernandez Jr, James William Johnson, Joseph C Geagea, Michael K Wirth, Pierre R Breber, and Rhonda J Morris. View insider buying and selling activity for Chevron.

CVX stock was purchased by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, Norges Bank, State Street Corp, Capital International Investors, Johanson Financial Advisors Inc., Renaissance Technologies LLC, Diamond Hill Capital Management Inc., and Alliancebernstein L.P.. 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 $68.78.

Chevron has a market capitalization of $129.26 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. View additional information about Chevron.

The official website for Chevron is http://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]