Chevron Corporation (CVX)
| Market Cap | 256.71B |
| Revenue (ttm) | 191.69B |
| Net Income (ttm) | 16.68B |
| Shares Out | 1.80B |
| EPS (ttm) | 9.06 |
| PE Ratio | 15.76 |
| Forward PE | 14.18 |
| Dividend | $6.52 (4.56%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 31,721,875 |
| Open | 140.83 |
| Previous Close | 141.15 |
| Day's Range | 140.55 - 142.85 |
| 52-Week Range | 135.37 - 167.11 |
| Beta | 1.09 |
| Analysts | Buy |
| Price Target | 174.56 (+22.2%) |
| 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]
Financial Performance
In 2023, Chevron's revenue was $194.80 billion, a decrease of -17.43% compared to the previous year's $235.92 billion. Earnings were $21.37 billion, a decrease of -39.75%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CVX stock is "Buy." The 12-month stock price forecast is $174.56, which is an increase of 22.20% from the latest price.
News
Defensive Oil Stocks To Watch In 2025 Amid $70 Brent Forecast: JP Morgan
JP Morgan analyst John M Royall highlighted key trends for the North American Integrated Oils sector entering 2025, with updates on forecasts, price targets, and ratings on major companies.
Chevron: The Superior Supermajor
Chevron's consistent strategy and focus on oil and gas have led to superior performance and strong dividend growth, making it a standout among supermajors. Unlike rivals Shell and BP, Chevron avoids t...
Woodside, Chevron Agree to Asset Swap
Chevron and Woodside Energy agreed to an asset swap that they said will sharpen their focus on the massive LNG operations they each operate in Western Australia.
Woodside Energy partners with Chevron to swap stakes in various energy projects
Australia's Woodside Energy said on Thursday it had entered into a deal with Chevron to exchange stakes in a number of energy projects, with the U.S. oil and gas giant making a cash payment of up to $...
Chevron: Cash, Baby, Cash Is Good News For Shareholders
Chevron's share price has been underperforming the market over the past year, but this is not bothering me. The stock is attractively priced and production is growing at healthy levels, which reduces ...
Berkshire Hathaway For Dividend Investors: My Favorite Buffett Dividend Stock
Warren Buffett's Berkshire Hathaway doesn't pay dividends because Buffett believes his team allocates capital better than individual investors could. Dividend investors seek reliable cash flows for re...
Dow Jones: Market Declines Led by Chevron and Sector Weakness Ahead of Fed
Dow Jones falls nearly 300 points as Chevron drags, all major US indices slide ahead of the Fed's rate decision and strong retail sales add to investor uncertainty.
Chevron Australia signs long-term gas supply deal with Alcoa
U.S. oil giant Chevron's Australian unit said on Tuesday it would supply a total of 130 petajoules of gas to aluminium producer Alcoa over a 10-year period starting 2028.
Big Oil wants to help Big Tech power artificial intelligence data centers
Exxon Mobil and Chevron are jumping into the race to power AI data centers. Exxon plans to build a natural gas plant to power a data center and use carbon capture technology to slash the plant's emiss...
Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value
Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "M...
Chevron' Stock Up 10%, What's Next?
Up 10% in the last year, at the current price of around $156 per share (as of Dec 11), we believe Chevron Corporation (NYSE: CVX), a company manufacturing and selling a range of refined petroleum prod...
10 High-Yield Dividend Aristocrats For Growth And Bargain Hunters
The S&P is up almost 30% this year, and many investors are worried about an impending crash. PEGY (PE divided by growth and yield) ratio combines yield, growth, quality and value, creating the potenti...
Chevron working on supply of power to data centers, executive says
U.S. oil major Chevron Corp is considering ways to supply lower carbon power for data center operators, Jeff Gustavson, president of Chevron New Energies said in an interview at the Reuters NEXT confe...
Chevron Maintains Hold as Most Crowded Shorted Security in November, Finds Hazeltree Report
NEW YORK & LONDON--(BUSINESS WIRE)--Chevron retained its position as the most crowded large-cap stock in the Americas for November, according to the latest Shortside Crowdedness Report from Hazeltree,...
Chevron Upgrades Pasadena Refinery to Increase Capacity, Feedstock and Product Flexibility
PASADENA, Texas--(BUSINESS WIRE)--Chevron U.S.A., Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), has completed a retrofit of its refinery in Pasadena, Texas, which is expec...
The Big 3: MSTR, NXPI, CVX
Mike Shorr with @ProsperTradingAcademy turns to A.I., crypto and energy trades in today's Big 3.
Cramer's Stop Trading: Chevron
CNBC's Jim Cramer explains why he is keeping an eye on shares of Chevron.
Don't Miss The Dividend Train: 2 Top Buys To End 2024
Time in the market generally beats timing the market. This can be enhanced by buying low and selling high. Here's how. Being an active investor, I believe that timing individual equities can complemen...
Chevron: Oil Prices Break Below $70, But CVX Remains Undervalued
I maintain a buy rating on Chevron (CVX) due to its modest earnings multiple, solid free cash flow, and healthy share repurchases. Chevron's Q3 results were strong, with EPS and revenue beating foreca...
Top Wall Street analysts tout these energy stocks for attractive dividends
TipRanks' analyst ranking service spotlights three dividend-paying stocks, including Chevron and Energy Transfer.
Final Trade: GRAB, ULTA, CVX, FXI
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Chevron CEO says no discussions with President-elect Trump on Venezuela
Chevron , the only U.S. oil producer now working in Venezuela's oilfields, has not held any discussions with President-elect Donald Trump's team over the company's operations in the country, CEO Micha...
Chevron to take up to $1.5 billion in fourth-quarter charges
U.S. oil producer Chevron on Thursday said it will take up to $1.5 billion in fourth-quarter charges for restructuring, asset impairments and property sales costs.
Chevron Announces 2025 Capex Budget & 4Q24 Interim Updates
SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation today announced an organic capital expenditure range of $14.5 to $15.5 billion for consolidated subsidiaries (capex) and an affiliate capital ex...