NYSE:CVXChevron Stock Price, Forecast & News

Chevron's stock was trading at $83.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CVX stock has increased by 6.4% and is now trading at $88.33. 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 1 sell rating, 6 hold ratings and 15 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) released its quarterly earnings data on Friday, May, 1st. The oil and gas company reported $1.93 earnings per share for the quarter, beating the consensus estimate 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 firm's quarterly revenue was down 10.5% on a year-over-year basis. During the same period last year, the company posted $1.47 EPS. View Chevron's earnings history.

Chevron declared a quarterly dividend on Wednesday, April 29th. Investors of record on Tuesday, May 19th will be paid a dividend of $1.29 per share on Wednesday, June 10th. This represents a $5.16 annualized dividend and a dividend yield of 5.84%. The ex-dividend date is Monday, May 18th. View Chevron's dividend history.

22 analysts have issued 12-month target prices for Chevron's shares. Their forecasts range from $88.00 to $165.00. On average, they anticipate Chevron's stock price to reach $113.33 in the next twelve months. This suggests a possible upside of 28.3% from the stock's current price. View analysts' price targets for Chevron.

News headlines about CVX stock have trended somewhat negative on Friday, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. 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 news impact score of -1.3 on InfoTrie's scale. They also gave news 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 company's share price in the immediate future. View the latest news about Chevron.

Chevron saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 17,720,000 shares, a decrease of 16.9% from the May 31st total of 21,330,000 shares. Based on an average trading volume of 14,990,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.0% of the company's shares 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), Suncor Energy (SU), Marathon Petroleum (MPC), Valero Energy (VLO), Hess (HES), Repsol (REPYY), HollyFrontier (HFC), YPF (YPF) and CVR Energy (CVI). 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 many different institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.05%), Park National Corp OH (0.01%), First Financial Bank Trust Division (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%), Gantzert Investment Co. LLC ADV (0.00%) and M&R Capital Management Inc. (0.00%). 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 Park National Corp OH, Confluence Investment Management LLC, M&R Capital Management Inc., Thomasville National Bank, Smithbridge Asset Management Inc. DE, and Gantzert Investment Co. LLC ADV. 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 purchased by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC, First Financial Bank Trust Division, Ellenbecker Investment Group, and Cox Capital Mgt LLC. 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 $88.33.

Chevron has a market capitalization of $164.91 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]