Chevron Corporation (CVX)

NYSE: CVX · IEX Real-Time Price · USD
152.16
-2.29 (-1.48%)
At close: Feb 27, 2024, 4:02 PM
152.11
-0.05 (-0.03%)
After-hours: Feb 27, 2024, 7:59 PM EST
-1.48%
Market Cap 285.89B
Revenue (ttm) 200.95B
Net Income (ttm) 21.37B
Shares Out 1.85B
EPS (ttm) 11.36
PE Ratio 13.39
Forward PE 12.24
Dividend $6.52 (4.29%)
Ex-Dividend Date Feb 15, 2024
Volume 15,025,508
Open 153.20
Previous Close 154.45
Day's Range 149.90 - 153.88
52-Week Range 139.62 - 172.88
Beta 1.13
Analysts Buy
Price Target 181.70 (+19.41%)
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; liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and processing, transportation, storage, and marketing of natural gas, as well... [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 20 analysts, the average rating for CVX stock is "Buy." The 12-month stock price forecast is $181.7, which is an increase of 19.41% from the latest price.

Price Target
$181.7
(19.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Hess says pre-emption provision doesn't apply to buyout deal with Chevron

Hess said on Tuesday that a pre-emption provision does not apply to its proposed $53-billion buyout by Chevron and it remains "fully committed" to the deal.

Other symbols: HES
3 hours ago - Reuters

Occidental Petroleum CEO talks the CrownRock deal, Chevron and Hess and natural gas prices

Vicki Hollub, Occidental Petroleum CEO, joins 'Closing Bell' to discuss the company, the CrownRock deal and Chevron and Hess deal and consolidation.

Other symbols: HESOXY
4 hours ago - CNBC Television

Chevron-Hess deal in Jeopardy?

The Investment Committee debate whether the deal goes through with a possible challenge from Exxon.

Other symbols: HES
8 hours ago - CNBC Television

Chevron Says Its $53B Purchase of Hess Could Be Jeopardized by Oil Field Agreement

Chevron (CVX) shares fell 2% in intraday trading Tuesday after the energy giant warned its planned $53 billion purchase of Hess (HES) could be jeopardized by a challenge from ExxonMobil (XOM) and Chin...

Other symbols: HES
8 hours ago - Investopedia

Chevron-Hess deal could face possible challenge from Exxon

Chevron (CVX) could be facing challenges from Exxon Mobil (XOM) and CNOOC Limited (0883.HK) in the oil producer's acquisition of Hess (HES). Exxon and CNOOC are considering demonstrating their preempt...

Other symbols: HESXOM
9 hours ago - Yahoo Finance

Hess shares drop as fight with Exxon Mobil over Guyana oil threatens Chevron takeover

Chevron warned investors that Exxon and Cnooc are claiming a right to purchase Hess's stake in Guyana's offshore oil assets under a joint operating agreement.

Other symbols: HESXOM
10 hours ago - CNBC

Is Chevron's $53 Billion Buyout Of Hess In Trouble?

A story published at the Wall Street Journal late Monday characterizes Chevron's CVX proposed $53 billion buyout of Houston-based Hess HES Corp. as being “in jeopardy” related to Hess's 30 percent own...

Other symbols: HES
11 hours ago - Forbes

Chevron-Hess deal in jeopardy? Here's what to know

Neal Dingmann, Truist Securities energy research energy, joins 'Squawk Box' to discuss the state of Chevron's $53 billion deal to buy Hess, the possible challenge posed from Exxon, how likely the deal...

Other symbols: HES
12 hours ago - CNBC Television

Chevron Warns $53 Billion Hess Deal May Be at Risk After Exxon Challenge

If the deal falls through, it would be a setback to Chevron, which has recently underperformed rivals and was hoping to get a boost from Hess's 30% stake in the offshore project in South America.

Other symbols: HESXOM
14 hours ago - Barrons

Chevron, Exxon in dispute over Hess stake in Guyana oil block

Chevron Corp on Monday said it is in talks with Exxon Mobil Corp and China's CNOOC over whether the two have a right of first refusal to acquire Hess Corp.'s stake in the Stabroek oil block in Guyana.

Other symbols: HESXOM
1 day ago - Reuters

Exxon Throws a Wrench in Chevron's $53 Billion Deal for Hess

The Texas oil company has said it could pre-emptively match the price Chevron offered Hess for its 30% stake in a booming oil prospect off of Guyana's coast.

Other symbols: HESXOM
1 day ago - WSJ

Top Wall Street analysts pick these dividend stocks for enhanced returns

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Coca-Cola and Chevron.

Other symbols: KOOWL
2 days ago - CNBC

What's Fueling Climate Lawsuits Against BP, Chevron, ConocoPhillips, ExxonMobil And Shell?

The city of Chicago is the latest to file a climate lawsuit against BP, Chevron CVX , ConocoPhillips COP , ExxonMobil and Shell, alleging that the companies hid information regarding climate change fr...

Other symbols: BPCOPSHELXOM
4 days ago - Forbes

BP and Shell Are Worth Less Than Exxon and Chevron. Here's Why.

The European oil majors are valued at about a one-third discount to their American counterparts.

Other symbols: BPSHELXOM
4 days ago - Barrons

Oil: Top 3 energy stocks as sector transitions to renewables

As conflicts in the Middle East continue, oil prices (BZ=F, CL=F) near 3-week highs. As investors look to balance their portfolios, the energy sector may seem daunting to buy into.

Other symbols: BPSHEL
7 days ago - Yahoo Finance

Warren Buffett goes ex-tech and pro-oil, sell Apple buy Chevron?

Every market brings you a cycle to take advantage of, that is for sure, and there will always be cycles to come. Warren Buffett has been quoted saying that timing the market can turn out to be a futil...

Other symbols: AAPL
7 days ago - MarketBeat

3 Stocks Warren Buffett Is Buying (and 7 He's Selling)

Warren Buffett upped Berkshire Hathaway's holdings in the oil patch and trimmed its Apple stake, among other moves in Q4.

Other symbols: AAPLDHIGLHPQMKLOXYPARA
12 days ago - Kiplinger

Chevron, PBF agree to settlements over Northern California air-quality compliance

Northern California's Bay Area Air Quality Management District on Tuesday said it had reached separate agreements with Chevron and PBF Energy that will settle legal challenges the refiners brought aga...

Other symbols: PBF
13 days ago - Market Watch

Berkshire Hathaway loads up on shares of Sirius XM and Chevron, exits home builder D.R. Horton

Warren Buffett's Berkshire Hathaway Inc. loaded up on shares of Sirius XM Holding Inc. and Chevron Corp. in the fourth quarter, while selling out of a previous stake in home builder D.R. Horton Inc., ...

Other symbols: DHISIRI
13 days ago - Market Watch

Berkshire Sells Apple, Paramount, HP Stock, Buys More Chevron

Berkshire sold 10 million shares of Apple and now holds 905 million shares, or nearly half of the company's equity portfolio.

Other symbols: AAPLHPQPARAPARAA
13 days ago - Barrons

Energy sector strength: Drill down with refinery stocks

The oil refiners' exchange-traded fund (ETF), the VanEck Oil Refiners ETF NYSEARCA: CRAK, is outperforming the broader Energy Select Sector SPDR Fund NYSEARCA: XLE on a one-month, three-month and one-...

Other symbols: BPMPCPSXVLOXOM
13 days ago - MarketBeat

Energy sector: assessing breakout potential and key players

As the overall market continues to ramp up and trade near all-time highs, one sector has quietly consolidated. The energy sector remains close to flat this year despite the recent melt-up experienced ...

Other symbols: SLB
13 days ago - MarketBeat

Phillips 66 & Chevron Alum Kimberly Ruth Named VP of Business Development and Supply at MercFuel

HOUSTON--(BUSINESS WIRE)--MercFuel, a Mercury Aviation LLC division that provides aviation fuels to the commercial aviation, general aviation, and business jet industries, today announced the hiring o...

Other symbols: PSX
15 days ago - Business Wire

Chevron Phillips Chemical names Steve Prusak President and Chief Executive Officer

THE WOODLANDS, Texas--(BUSINESS WIRE)--CPChem announced today that Steve Prusak will become president and chief executive officer, effective March 1, 2024.

19 days ago - Business Wire

Big Oil's Got a New Buzzword

Oil companies want to signal they will still make money from fossil fuels, while taking a flexible approach to the energy transition.

Other symbols: BPSHELTTEXOM
19 days ago - Barrons