Chevron Corporation (CVX)

NYSE: CVX · IEX Real-Time Price · USD
156.75
+0.23 (0.15%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.15%
Market Cap 288.89B
Revenue (ttm) 198.87B
Net Income (ttm) 20.30B
Shares Out 1.84B
EPS (ttm) 10.87
PE Ratio 14.42
Forward PE 11.80
Dividend $6.52 (4.16%)
Ex-Dividend Date May 16, 2024
Volume 5,833,469
Open 157.68
Previous Close 156.52
Day's Range 155.45 - 157.78
52-Week Range 139.62 - 171.70
Beta 1.11
Analysts Buy
Price Target 186.76 (+19.15%)
Earnings Date Aug 2, 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]

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

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 Statements

Analyst Forecast

According to 18 analysts, the average rating for CVX stock is "Buy." The 12-month stock price forecast is $186.76, which is an increase of 19.15% from the latest price.

Price Target
$186.76
(19.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Exxon and Chevron Are Among the Safest Dividend Stocks. Check These Out, Too.

U.S. stocks account for two-thirds of a UBS list of reliable dividend payers, but some of the highest-yielding companies are based overseas.

Other symbols: XOM
9 hours ago - Barrons

Gadget Software Launches TopicLake Policy Alerts and API to Simplify Compliance in the Wake of Supreme Court Chevron Decision

HACKENSACK, N.J.--(BUSINESS WIRE)--Gadget Software, a leading company in AI technology, proudly announces the launch of TopicLake Policy Alerts and the TopicLake Policy Insights API. TopicLake Policy ...

12 hours ago - Business Wire

Former FDA Commissioner Dr. Scott Gottlieb on Supreme Court overturning the 1984 Chevron precedent

Former FDA Commissioner Dr. Scott Gottlieb joins 'Squawk Box' to weigh in on the Supreme Court's decision to overturn the 1984 Chevron precedent and more.

1 day ago - CNBC Television

Advisory: Chevron Corporation's 2Q 2024 Earnings Conference Call and Webcast

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, August 2, 2024, at 11:00 a...

1 day ago - Business Wire

EV regulations 'most at risk' from overthrow of Chevron, says Capital Alpha's James Lucier

James Lucier, Capital Alpha Partners managing director, and Danny Cervallos, NBC News and MSNBC legal analyst, join CNBC's 'The Exchange' to discuss the Supreme Court ruling that reduces government re...

4 days ago - CNBC Television

Chevron Doctrine overturned: Republicans, big business praise Supreme Court decision

Republican lawmakers and the U.S. Chamber of Commerce praised the Supreme Court's overturning of Chevron v. Natural Resources Defense Council.

4 days ago - CNBC

In Landmark Victory for Civil Liberties, NCLA Persuades Supreme Court to Overturn Chevron Deference

Relentless Inc., Huntress Inc., and Seafreeze, Fleet LLC v. U.S. Department of Commerce, et al. Relentless Inc., Huntress Inc., and Seafreeze, Fleet LLC v. U.S. Department of Commerce, et al.

4 days ago - GlobeNewsWire

Supreme Court Overturns Chevron Ruling

The US Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws, issuing a blockbuster ruling that will constrain environmental, consumer and fi...

4 days ago - Bloomberg Markets and Finance

Supreme Court overturns 40-year-old Chevron decision

CNBC's Eamon Javers reports the latest news in politics.

4 days ago - CNBC Television

Supreme Court overturns Chevron decision, weakening federal regulators

WASHINGTON (AP) — The Supreme Court on Friday upended a 40-year-old decision that made it easier for the federal government to regulate the environment, public health, workplace safety and consumer pr...

4 days ago - Market Watch

US Senate committee probes 18 oil producers on price collusion with OPEC

The U.S. Senate budget committee on Thursday launched a probe of 18 domestic oil producers about any efforts to illegally coordinate oil prices with the Organization of the Petroleum Exporting Countri...

Other symbols: COPXOM
5 days ago - Reuters

OKX to List Convex Finance's CVX Token on its Perpetual Futures Market

NASSAU, The Bahamas, June 24, 2024 (GLOBE NEWSWIRE) -- OKX, a leading crypto exchange and Web3 technology company, has issued updates for June 25, 2024.

7 days ago - GlobeNewsWire

Exxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled

A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed, stalling a decision on whether Exxon...

Other symbols: HESXOM
12 days ago - Reuters

Final Trades: Electronic Arts, Chevron, Adobe and Flex LNG

The Investment Committee share their top stocks to watch for the second half.

Other symbols: ADBEEAFLNG
12 days ago - CNBC Television

Acquisition Premiums Return To The Oil Patch

The shale industry is showing signs of maturity. Some acquisition trends appear to be burgeoning, such as acquisition premiums, more debt, and looser hedging requirements.

Other symbols: SBOWXOMHES
13 days ago - Forbes

Venezuela mulls proposal to extend PDVSA-Chevron oil joint venture through 2047

Venezuela's National Assembly on Monday began discussing a proposal to extend through 2047 a contract between state oil company PDVSA and U.S. company Chevron to operate a joint venture in the country...

15 days ago - Reuters

Commodity Stocks Caught Fire. Now, It's Time to Get Out.

Investors have gotten ahead of themselves. These names have big gains, then big losses.

Other symbols: FCXSCCOXLEXOM
19 days ago - Barrons

Chevron Australia starts repair work on Wheatstone platform, says spokesperson

Chevron has commenced repair activities on its Wheatstone platform in Australia and the work is expected to be completed in the coming weeks, a spokesperson said on Thursday.

19 days ago - Reuters

Why You Should Have Defensive Stocks in Your Portfolio

What are defensive stocks? They are a worthy addition to any well-rounded portfolio.

Other symbols: HPQORI
27 days ago - Kiplinger

Exxon, Chevron, Conoco Stocks Extend Declines Along With Oil Prices

The OPEC announcement over the weekend was widely seen as a plan to add back production from members' current coordinated cuts.

Other symbols: BNOCOPDBOGUSHIEOOIHPXJ
4 weeks ago - Barrons

Oil giants Exxon, Chevron lean on big-ticket deals to build bigger reserves

Cash-rich Exxon Mobil and Chevron are bolstering their oil and gas drilling inventory with multi-billion-dollar takeovers as they bet on resilient demand for years to come.

Other symbols: XOM
4 weeks ago - Reuters

Hess shareholder vote on Chevron deal easily met majority required -filing

Hess shareholders cast 157.6 million 'yes' votes in favor of its sale to Chevron, a Securities and Exchange Commission filing on Friday showed, more than 3 million more than required to pass.

Other symbols: HES
4 weeks ago - Reuters

Schumer and 22 fellow Senate Democrats urge Justice Department to crack down on oil-price fixing

WASHINGTON (AP) — Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to “use every tool” at its disposal to prevent and prosecute alleged co...

Other symbols: XOM
4 weeks ago - Market Watch

Schumer Urges Big Oil, Gas Investigation

Senate Majority Leader Chuck Schumer and other Democrats are calling the justice department to investigate possible collusion or price fixing at oil and gas companies. Bloomberg's Kailey Leinz has the...

Other symbols: XOM
4 weeks ago - Bloomberg Markets and Finance

Chevron shareholders re-elect all directors, CEO confident on Hess deal

Chevron shareholders on Wednesday voted to re-elect all 12 sitting directors to its board, in a sign of support for the oil major.

Other symbols: HES
4 weeks ago - Reuters