Chevron Corporation (CVX)

NYSE: CVX · Real-Time Price · USD
154.90
-2.54 (-1.61%)
At close: Feb 12, 2025, 4:00 PM
155.05
+0.15 (0.10%)
After-hours: Feb 12, 2025, 6:20 PM EST
-1.61%
Market Cap 278.37B
Revenue (ttm) 198.20B
Net Income (ttm) 17.66B
Shares Out 1.80B
EPS (ttm) 9.72
PE Ratio 15.94
Forward PE 14.85
Dividend $6.84 (4.42%)
Ex-Dividend Date Feb 14, 2025
Volume 5,172,837
Open 156.75
Previous Close 157.44
Day's Range 154.57 - 157.47
52-Week Range 135.37 - 167.11
Beta 1.10
Analysts Buy
Price Target 174.43 (+12.61%)
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 12.61% from the latest price.

Price Target
$174.43
(12.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 hour 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

3 hours 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...

4 hours 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.

4 hours 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.

4 hours 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.

4 hours 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

6 hours 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.

6 hours 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 ...

Other symbols: HES
1 day 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...

1 day ago - Seeking Alpha

A Historic Opportunity To Win Big With Dividend Stocks

The current market offers a historic opportunity for dividend stocks. We detail why this is a historic opportunity for dividend investors. We also discuss some of the names that we are buying to take ...

2 days ago - Seeking Alpha

One 'Safer' Buy In 10 February Dogs Of The Dow

Verizon is the only Dow Dog meeting the ideal of dividends from $1K invested exceeding single share price, supported by adequate free cash flow. Analysts project net gains of 15.23% to 33.94% for the ...

Other symbols: AMGNBACRMCSCODISHONIBM
4 days ago - Seeking Alpha

23 Upcoming Dividend Increases, Including 2 Kings

Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indica...

5 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.

5 days ago - Reuters

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

I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my po...

Other symbols: APHBCCCATCNQCPCSLDE
5 days ago - Seeking Alpha

These S&P 500 stocks could benefit from rally expansion beyond the ‘Magnificent Seven'

The dominance of the Magnificent Seven stocks may be fading as investors broaden their focus beyond Big Tech. While the group of market-leading companies, including Nvidia, Meta, and Amazon, continues...

Other symbols: HSY
6 days ago - Invezz

Chevron Talking to Trump Administration About Venezuela

Chevron Chairman and CEO Mike Wirth says the company is talking to the Trump administration about doing business in Venezuela. Chevron is the only major oil producer with a waiver to operate there des...

7 days ago - Bloomberg Markets and Finance

View on Energy Has Changed Under Trump, Says Chevron CEO

Chevron Chairman and CEO Mike Wirth discusses the outlook for energy under President Donald Trump. He says the company is bringing more energy to markets in a more "capital efficient way.

7 days ago - Bloomberg Markets and Finance

Venezuela oil exports rise on Chevron's cargoes, more supply to China

Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major Chevron Corp from its joint ventures with state firm PDVSA, and more cargo...

8 days ago - Reuters

11 Dividend Increases Expected In February 2025

February 2025 will see 11 expected dividend increases from companies with a history of consistent annual dividend hikes, enhancing predictability for investors. Dividend growth is crucial for achievin...

Other symbols: CINFCSCOETNGPCHDKOMMM
8 days ago - Seeking Alpha

LNG Shipping Stocks: Sideways Cruises

The UP World LNG Shipping Index (UPI) gained 0.40%, while the S&P 500 lost 1%, reflecting stable market conditions and cold weather in Europe. LNG tankers are diverting from Asia to Europe due to lowe...

Other symbols: CCECDLNGEEFLNGGLNGTEN
8 days ago - Seeking Alpha

Chevron: A Capital Return Investment In 2025

Chevron's strong earnings, driven by U.S. production growth and high petroleum prices, make it an attractive investment for long-term energy investors. Despite a Q4 earnings miss, Chevron's free cash ...

8 days ago - Seeking Alpha

One Film, Endless Possibilities: Harpak-ULMA Unveils the ARTIC SS Chevron for Medical Applications

TAUNTON, Mass.--(BUSINESS WIRE)-- #automatedpackaging--Harpak-ULMA introduces the ARTIC SS Chevron, an advanced horizontal flow wrap machine designed for medical and pharmaceutical packaging applicati...

9 days ago - Business Wire

Buy And Sleep Well: 10 High‐Yield Dividend Aristocrats For A Record‐High Stock Market

The market's recent volatility highlights the irrationality of short-term movements, making high-yield dividend aristocrats attractive for stable, long-term returns. High-yield aristocrats offer an av...

Other symbols: BTIEPDFRTHRLKMBMOO
11 days ago - Seeking Alpha

WRAPUP Big Oil bleak on refining profits going into 2025

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard by a downt...

Other symbols: SHELXOM
12 days ago - Reuters