NYSE:CVX - Chevron 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 shares have decreased by 12.7% and is now trading at $72.46. 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) announced its earnings results on Friday, January, 31st. The oil and gas company reported $1.49 earnings per share for the quarter, beating the 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 firm's quarterly revenue was down 14.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.95 EPS. View Chevron's earnings history.

Chevron declared a quarterly dividend on Wednesday, January 29th. Shareholders of record on Tuesday, February 18th will be given a dividend of $1.29 per share on Tuesday, March 10th. This represents a $5.16 annualized dividend and a yield of 7.12%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Chevron's previous quarterly dividend of $1.19. View Chevron's dividend history.

18 equities research analysts have issued 1-year price objectives for Chevron's shares. Their forecasts range from $88.00 to $165.00. On average, they anticipate Chevron's stock price to reach $119.56 in the next year. This suggests a possible upside of 65.0% from the stock's current price. View analysts' price targets for Chevron.

News headlines about CVX stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 3.0 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutChevron.

Chevron saw a increase in short interest in 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 volume of 8,300,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.2% of the company's stock 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."

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 $72.46.

Chevron has a market capitalization of $136.18 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]