Chevron Corporation (CVX)

NYSE: CVX · Real-Time Price · USD
157.23
+1.07 (0.69%)
Feb 19, 2025, 4:00 PM EST - Market closed
0.69%
Market Cap 282.56B
Revenue (ttm) 198.20B
Net Income (ttm) 17.66B
Shares Out 1.80B
EPS (ttm) 9.72
PE Ratio 16.18
Forward PE 15.07
Dividend $6.84 (4.35%)
Ex-Dividend Date Feb 14, 2025
Volume 4,943,089
Open 156.52
Previous Close 156.16
Day's Range 156.00 - 158.36
52-Week Range 135.37 - 167.11
Beta 1.10
Analysts Buy
Price Target 174.43 (+10.94%)
Earnings Date Jan 31, 2025

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]

Sector Energy
Founded 1879
Employees 45,600
Stock Exchange NYSE
Ticker Symbol CVX
Full Company Profile

Financial Performance

In 2024, Chevron's revenue was $198.20 billion, an increase of 1.74% compared to the previous year's $194.80 billion. Earnings were $17.66 billion, a decrease of -17.35%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for CVX stock is "Buy." The 12-month stock price forecast is $174.43, which is an increase of 10.94% from the latest price.

Price Target
$174.43
(10.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why this analyst says buy Chevron stock and skip Starbucks

In today's Good Buy or Goodbye segment, Genter Capital Management CEO and president Dan Genter joins host Julie Hyman to share his investment recommendations. Genter identifies Chevron (CVX) as a comp...

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11 hours ago - Yahoo Finance

The More It Drops, The More Buffett And I Buy

Buffett and I are both doubling down on a sector that has lagged the market recently. This sector is filled with stocks that trade at deep discounts with strong balance sheets and rising dividends. He...

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21 hours ago - Seeking Alpha

Chevron staffers absorb long-awaited layoffs as CEO pledges accountability

During an internal town hall meeting last week, roughly 40,000 Chevron employees were shown a video touting the oil giant's success in Colorado as the largest oil and gas producer in the state.

1 day ago - Reuters

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Chevron: Why I Am Backing Up The Truck

Chevron's earnings-related slump presents a buying opportunity for passive income investors, offering a high-quality 5% dividend yield and future dividend growth prospects. Despite missing 4Q24 estima...

7 days ago - Seeking Alpha

Chevron trimming headcount by 15%-20% in layoffs

Chevron is seeking to trim its headcount by a sizable amount, with Vice Chair Mark Nelson saying they will impact 15%-20% of workers.

7 days ago - Fox Business

Chevron: $70 Oil Price Won't Last

Since my last writing, oil prices have suffered a sizable correction. The current oil price is too compressed in my view, creating a large bias for CVX's profits to expand. Key catalysts that can driv...

7 days ago - Seeking Alpha

Oil giant Chevron to lay off thousands in bid to cut up to 20% of global workforce

No 2 US oil firm aims for $3bn in cost cuts through 2026 and seeks to simplify business after production challenges

7 days ago - The Guardian

Chevron Will Lay Off Up To 20% Of Employees—Impacting Up To 9,100

Energy giant Chevron will let go of up to a fifth of its more than 45,000 employees, the company confirmed in a statement Wednesday to Forbes, becoming the latest American giant to announce a signific...

7 days ago - Forbes

Chevron to cut up to 20% of workforce by 2026 amid cost-cutting push, Exxon legal battle

Chevron plans to lay off between 15% and 20% of its global workforce by the end of 2026 as part of a broader effort to reduce costs and streamline operations, the US oil giant announced on Wednesday.

7 days ago - Invezz

Chevron slashing up to 8K jobs — as much as 20% of workforce — in major revamp of oil giant

The layoffs come as the company has said it is targeting $3 billion in cost cuts through 2026 from leveraging technology, asset sales and changing how and where work is performed.

7 days ago - New York Post

Chevron wants to save about $3 billion. Layoffs are on the horizon.

The integrated energy company said that layoffs will affect 15% to 20% of its employees, starting this year and with most layoffs completed before the end of 2026.

7 days ago - Market Watch

Chevron will slash up to 20% of its workforce as part of cost-cutting plan

Chevron will slash up to 20% of its workforce as part of cost-cutting plan

7 days ago - CNBC

Chevron announces 15% to 20% layoff of global workforce, source says

Chevron will lay off 15% to 20% of its global workforce, the U.S. oil company said on Wednesday during an internal employee townhall meeting, according to a source familiar with the matter.

7 days ago - Reuters

Chevron struggles to replace oil, gas reserves amid Hess deal limbo

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S. major's planned acquisition of oil producer Hess that has stalled due to a ...

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8 days ago - Reuters

Chevron Has Continued Cash Flow Potential

Chevron has continued to pay a strong and increasing dividend funded by FCF. The company has a number of exciting growth projects coming online to drive returns. Investors who invest today and hold on...

9 days ago - Seeking Alpha

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12 days ago - Seeking Alpha

Chevron accelerates Kazakh oilfield ramp-up, sources say

Chevron is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, raising its output to around 1% of global crude supply.

12 days ago - Reuters

The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead

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