NYSE:CVXChevron Stock Price, Forecast & 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 8.7% and is now trading at $90.28. 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 6 hold ratings and 16 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, August 7th 2020. View our earnings forecast for Chevron.

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

Chevron declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Tuesday, May 19th will be given a dividend of $1.29 per share on Wednesday, June 10th. This represents a $5.16 annualized dividend and a yield of 5.72%. The ex-dividend date of this dividend is Monday, May 18th. View Chevron's dividend history.

22 brokerages have issued 1-year price objectives for Chevron's stock. Their forecasts range from $88.00 to $165.00. On average, they anticipate Chevron's stock price to reach $113.05 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price. View analysts' price targets for Chevron.

News articles about CVX stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring 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 news impact score of 1.4 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutChevron.

Chevron saw a increase in short interest in May. As of May 15th, there was short interest totaling 22,750,000 shares, an increase of 13.4% from the April 30th total of 20,060,000 shares. Based on an average daily trading volume, of 15,080,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.2% 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), Valero Energy (VLO), Suncor Energy (SU), Marathon Petroleum (MPC), Hess (HES), Repsol (REPYY), HollyFrontier (HFC), CVR Energy (CVI) and YPF (YPF). 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.14%), State Street Corp (6.27%), Capital International Investors (1.97%), Geode Capital Management LLC (1.51%), Wellington Management Group LLP (1.17%) and Bank of New York Mellon Corp (1.14%). 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 Wellington Management Group LLP, Capital World Investors, Alliancebernstein L.P., Parametric Portfolio Associates LLC, Johanson Financial Advisors Inc., APG Asset Management N.V., APG Asset Management N.V., and Capital Research Global Investors. 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Franklin Resources Inc., Capital International Investors, State Street Corp, Eaton Vance Management, ACR Alpine Capital Research LLC, Advisor Group Holdings Inc., and Swiss National Bank. 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 $90.28.

Chevron has a market capitalization of $168.55 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]