Chevron Corporation (CVX)
| Market Cap | 299.74B |
| Revenue (ttm) | 198.87B |
| Net Income (ttm) | 20.30B |
| Shares Out | 1.84B |
| EPS (ttm) | 10.87 |
| PE Ratio | 14.97 |
| Forward PE | 12.44 |
| Dividend | $6.52 (4.01%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 4,012,518 |
| Open | 161.75 |
| Previous Close | 161.09 |
| Day's Range | 161.19 - 162.97 |
| 52-Week Range | 139.62 - 171.70 |
| Beta | 1.11 |
| Analysts | Buy |
| Price Target | 185.83 (+14.24%) |
| Earnings Date | Apr 26, 2024 |
About CVX
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and s... [Read more]
Financial Performance
In 2023, Chevron's revenue was $200.95 billion, a decrease of -18.40% compared to the previous year's $246.25 billion. Earnings were $21.37 billion, a decrease of -39.75%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for CVX stock is "Buy." The 12-month stock price forecast is $185.83, which is an increase of 14.24% from the latest price.
News
Chevron Calls Time On 55 Years Of North Sea Oil And Gas Operations
Energy giant Chevron Chevron has decided to call time on its operations in the North Sea, potentially ending more than five decades of oil and gas production in the ageing hydrocarbon basin.
Proxy adviser Glass Lewis urges Hess shareholders accept Chevron takeover offer
Hess shareholders should vote in favor of Chevron Corp's $53 billion offer at the company's May 28 special meeting, proxy adviser Glass Lewis said on Thursday.
Chevron to sell off its remaining North Sea oil and gas fields
US company denies decision is linked to UK's 35% windfall tax on North Sea producers
Exclusive: Chevron prepares for North Sea exit after more than 55 years
Chevron is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the U.S. energy giant's exit from the ageing basin after more than 55 years.
Chevron Tops List of Most Shorted Large-Cap Securities in April, Finds Hazeltree Shortside Crowdedness Report
NEW YORK & LONDON--(BUSINESS WIRE)--Chevron topped the Americas large-cap list for most shorted stocks in April, ousting Tesla from the top spot, according to the latest Shortside Crowdedness Report f...
Chevron tops Tesla as most-shorted stock in April, says Hazeltree
Oil company Chevron was the most shorted U.S. stock in April, overtaking long-standing top target Tesla as short-sellers up their bets on weaker energy prices, according to a monthly report by data an...
ISS recommends Hess shareholders abstain from voting for merger with Chevron
Proxy advisory firm ISS recommended on Monday that Hess shareholders abstain from voting for Chevron's proposed $53 billion acquisition of Hess.
Schumer urges FTC to hit the brakes on $53 billion Chevron-Hess merger
U.S Senate Majority Leader Chuck Schumer on Sunday urged the Federal Trade Commission to "pump the breaks" on Chevron Corp's proposed $53 billion acquisition of Hess Corp.
US competitiveness, security can be undermined by these policies, Chevron CEO warns
Chevron Chairman & CEO Mike Wirth sits down with FOX Business' Maria Bartiromo to discuss America's energy agenda, the demand for data centers and the regulatory environment.
Insurance firms deny Chevron's $57 million claim for Iran oil seizure
Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California.
Hess contests claims of inadequate disclosures in Chevron deal
Oil producer Hess on Tuesday said it disputes claims in several shareholder letters and at least two lawsuits alleging inadequate disclosures over its proposed sale to Chevron.
3 Stocks with High Dividend Yields that Warren Buffett Likes
#Morningstar #WarrenBuffet #StockInvesting The dividend yields on these stocks in Berkshire Hathway's portfolio are twice that of the market. 00:00 Introduction 00:37 Coca-Cola KO 01:13 Chevron CVX 0...
Chevron CEO reveals when US will see the 'end of the oil age'
Despite the oil and natural gas markets being riddled with "real concern," Chevron CEO Mike Wirth gives an optimistic argument for demand and production growth.
‘PAY ATTENTION': Big Oil boss warns over prices, market impact
Chevron Chairman and CEO Mike Wirth talks the Hess purchase, latest earnings, new oil production projects and the future of the natural gas market in a wide-ranging interview on 'Mornings with Maria.'
4 most active stocks on Dow Jones after US Fed kept interest rates unchanged
U.S. Federal Reserve left its benchmark overnight borrowing rate unchanged but kept hopes of rate cuts in the coming months alive on May 1st (read more). Here are the three most active stocks on Dow J...
Exxon, Chevron CEOs seek clear rules on US clean energy subsidies
Top executives at U.S. oil giants Exxon Mobil and Chevron Corp said on Monday that the U.S. needs to clarify rules on energy subsidies to drive the rapid, large-scale investments needed to fight clima...
Chevron CEO Mike Wirth on powering electric grids
Chevron CEO Mike Wirth joins ‘Money Movers' to discuss the geopolitical risk to the oil sector, natural gas demand, and supply concerns.
Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025
Exxon claims right of first refusal on Hess' assets in Guyana under an agreement that governs a consortium developing the country's oil resources.
Chevron CEO says natural gas demand will outpace expectations on data center electricity needs
Chevron CEO Mike Wirth says natural gas will play a key role in powering data centers as renewables still face challenges supplying peak demand.
Chevron CEO Mike Wirth: Demand for natural gas will be higher than expected
Chevron CEO Mike Wirth joins 'Money Movers' to discuss the geopolitical risk to the oil sector, natural gas demand, and supply concerns.
Chevron Pipe Line Company and American Aerospace Technologies to Fly Unmanned Aircraft in San Joaquin Valley
HOUSTON--(BUSINESS WIRE)--Chevron Pipe Line Company (CPL), a subsidiary of Chevron Corporation, and American Aerospace Technologies, Inc. (AATI) received a first-of-its-kind waiver from the U.S. Feder...
Final Trade: TRU, HD, CVX, DIS
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Why energy plays are for long-term investors
The energy sector (XLE) has continued to outperform throughout 2024. Alpine Saxon Woods Chief Market Strategist Sarah Hunt and CFRA Energy Equity Analyst and Deputy Research Director Stewart Glickman ...