Chevron Corporation (CVX)
| Market Cap | 297.16B |
| Revenue (ttm) | 200.95B |
| Net Income (ttm) | 21.37B |
| Shares Out | 1.86B |
| EPS (ttm) | 11.36 |
| PE Ratio | 14.08 |
| Forward PE | 12.92 |
| Dividend | $6.52 (4.08%) |
| Ex-Dividend Date | Feb 15, 2024 |
| Volume | 7,592,864 |
| Open | 158.75 |
| Previous Close | 157.57 |
| Day's Range | 158.15 - 160.75 |
| 52-Week Range | 139.62 - 172.38 |
| Beta | 1.13 |
| Analysts | Buy |
| Price Target | 184.61 (+15.38%) |
| 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; 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 $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 StatementsAnalyst Forecast
According to 19 analysts, the average rating for CVX stock is "Buy." The 12-month stock price forecast is $184.61, which is an increase of 15.38% from the latest price.
News
Chevron President Sees Lowering Carbon As the Future
Jeff Gustavson, President of Chevron New Energies, joins Paul Sweeney and Alix Steel at the BNEF Summit to discuss why Chevron believes the future of energy is lower carbon. -------- More on Bloomberg...
Chevron arm launches $500 million fund to invest in low carbon technologies
Chevron's venture capital arm launched on Tuesday its third fund to invest in renewable energy technologies with a $500 million commitment, as oil majors look to diversify their business in the face o...
XOM, CVX: What Middle East Tensions Mean for Energy Stocks
What do rising Middle East tensions mean for energy stocks? Stewart Glickman discusses energy stocks highlighting that Exxon Mobil (XOM) and Chevron (CVX) report earnings on Friday, April 26th.
Three Stock Lunch: Intel, Arista Networks and Chevron
Eva Ados, ERShares chief investment strategist and COO, joins 'Power Lunch' to discuss Ados' investing take on three stocks: Intel, Arista Networks, and Chevron.
Final Trades: Toast, Chevron, Chubb and GSG
Rich Saperstein shares his latest trade the Investment Committee give you their top stocks to watch for the second half.
Calls of the Day: Chevron, Qualcomm, Costco, Nasdaq and American Express
The Investment Committee discuss the latest Calls of the Day.
Brightmark® RNG Holdings Completes Eloy Development, Launching Renewable Natural Gas Production in the US Southwest
SAN FRANCISCO , April 10, 2024 /PRNewswire/ -- Brightmark RNG Holdings LLC announces the opening of its Eloy Renewable Natural Gas (RNG) center, which will produce RNG from dairy manure using anaerobi...
Chevron Joins Tesla as Most Shorted Large-Cap Security in March, Finds Hazeltree Shortside Crowdedness Report
NEW YORK & LONDON--(BUSINESS WIRE)--Chevron and Tesla topped the Americas large-cap list for most shorted stocks in March, according to the latest Shortside Crowdedness Report from Hazeltree, a leader...
Chevron CEO's pay rose 12% to $26.5 million in 2023
U.S. oil major Chevron's CEO Michael Wirth was paid $26.5 million in 2023, a 12.2% increase from the prior year, a securities filing showed on Wednesday.
Chevron Exits Myanmar With Withdrawal From Natural Gas Project
Chevron has completed its exit from Myanmar, two years after saying it would depart the troubled Southeast Asian nation in the wake of a military coup.
Chevron hands Myanmar gas field stake to junta, Thailand's PTTEP
U.S. energy company Chevron has quit the Yadana natural gas field in Myanmar, a spokesperson said on Monday, more than two years after it condemned violence and human rights abuses there and announced...
Big oil is racing to scale up carbon capture to slash emissions but the challenges are immense
The oil industry is betting carbon capture will serve heavy industries like cement- and steelmaking that now have few good options to slash greenhouse gases.
Three-Stock Lunch: Chevron, Coca-Cola & McDonald's
Gina Sanchez, chief market strategist at Lido Advisors, joins CNBC's 'Power Lunch' to discuss plays for three stocks: Chevron, Coca-Cola, and McDonald's.
XOM, CVX, OXY: Where Are Energy Stocks Headed?
Truist has a buy rating on Exxon Mobil (XOM) and Occidental Petroleum (OXY). Neal Dingmann discusses energy stocks.
ION Clean Energy Announces $45 Million Investment from Chevron New Energies and Carbon Direct Capital and Leadership Transition
BOULDER, Colo. & HOUSTON--(BUSINESS WIRE)--ION Clean Energy Announces $45 Million Investment from Chevron New Energies and Carbon Direct Capital and Leadership Transition.
Chevron Invests in Carbon Capture and Removal Technology Company, ION Clean Energy
HOUSTON & BOULDER, Colo.--(BUSINESS WIRE)--Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy (ION), a Boulder-based technology company that...
Energy stocks rise after crude oil prices touch five-month highs
Francisco Blanch, BofA Securities head of global commodity and derivatives research, joins 'The Exchange' to discuss what's driving energy prices, geopolitical impacts on energy supply and demand, and...
Joint venture of Venezuela's PDVSA, Chevron launches new drilling plan
Petroindependencia, a joint venture between Venezuelan state-owned oil company PDVSA and U.S.-based major Chevron has started a new drilling campaign, PDVSA said in a statement on Monday.
Advisory: Chevron Corporation's 1Q 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, April 26, 2024, at 11:00 a...
Hess board recommends shareholders vote in favor of Chevron merger -filing
Hess Corp on Thursday said in a securities filing that its board unanimously recommended shareholders vote in favor of the company's sale to Chevron Corp.
Chevron Announces Opening of Fab Labs at HBCUs
SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and the Fab Foundation today announced the official opening of Fab Labs at Fort Valley State U...
Chevron to pay over $13 million in settlement for California oil spills
Chevron will pay $13.1 million in settlement agreements with two California state agencies for past oil spills in Kern County, Bakersfield, the California natural resources agency said on Wednesday, a...
Chevron VP talks path to energy transition and carbon capture process
As companies around the world engage in the clean energy transition, carbon capture utilization and storage (CCUS) has been presented as a leading strategy to offset environmental harm. Chevron Vice P...