Chevron Corporation (CVX)

NYSE: CVX · IEX Real-Time Price · USD
155.41
-0.14 (-0.09%)
At close: Mar 18, 2024, 4:01 PM
155.27
-0.14 (-0.09%)
After-hours: Mar 18, 2024, 7:58 PM EDT
-0.09%
Market Cap 288.90B
Revenue (ttm) 200.95B
Net Income (ttm) 21.37B
Shares Out 1.86B
EPS (ttm) 11.36
PE Ratio 13.68
Forward PE 12.61
Dividend $6.52 (4.20%)
Ex-Dividend Date Feb 15, 2024
Volume 6,075,538
Open 156.03
Previous Close 155.55
Day's Range 154.94 - 156.67
52-Week Range 139.62 - 172.88
Beta 1.12
Analysts Buy
Price Target 180.94 (+16.43%)
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]

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 $180.94, which is an increase of 16.43% from the latest price.

Price Target
$180.94
(16.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chevron and JX Sign MOU for Collaboration on Development of CCS Value Chain

HOUSTON--(BUSINESS WIRE)--JX Nippon Oil & Gas Exploration Corporation (“JX”; President & CEO: Toshiya Nakahara) and Chevron New Energies (“Chevron”), a division of Chevron U.S.A. Inc., have signed a M...

6 hours ago - Business Wire

Exxon is not trying to acquire Hess in dispute with Chevron over Guyana oil assets, CEO says

When asked directly, Darren Woods said acquiring Hess is not one of Exxon's objectives in the dispute with Chevron.

Other symbols: HESXOM
12 hours ago - CNBC

Cerebre Selected by Chevron Technology Ventures for Catalyst Program

HOUSTON--(BUSINESS WIRE)-- #CERAWeek--Chevron Technology Ventures selects Cerebre, a software provider that builds data foundations for the Process Industry, to join its Catalyst Program.

4 days ago - Business Wire

Cerilon and Chevron Enter into Technology Licensing Agreements for the Production of Superior-Quality Group III+ Base Oils and Ultra-Low Sulphur Diesel at its Gas-To-Liquids (GTL) Facility in Williams County, North Dakota

Calgary, Alberta--(Newsfile Corp. - March 13, 2024) - Cerilon is pleased to announce the signing of technology licensing agreements with Chevron U.S.A. Inc., part of leading energy company Chevron Cor...

5 days ago - Newsfile Corp

Chevron, Exxon Mobil, Super Micro Computer and Tesla Among Top Five Shorted Securities in February, Finds Hazeltree Shortside Crowdedness Report

NEW YORK & LONDON--(BUSINESS WIRE)--Tesla maintained its status as the most crowded security in the Americas in February, with Chevron, Exxon Mobil, and Super Micro Computer all earning places among t...

Other symbols: SMCITSLAXOM
6 days ago - Business Wire

Insight: Chevron's CEO faces challenges of a lifetime with Hess bid

Chevron CEO Michael Wirth is facing a head-to-head match with Exxon Mobil with his $53 billion bid for Hess and its stake in oil hotspot Guyana, and could wind up trapped in a dispute between two of S...

Other symbols: HES
10 days ago - Reuters

Hess reviews timeline for Chevron deal closing after Exxon escalates Guyana dispute

Exxon filed for arbitration to defend what the oil major views as its right to make a counter offer for Hess' Guyana assets under a joint operating agreement.

Other symbols: HESXOM
11 days ago - CNBC

Hess says reviewing timeline for closing of Chevron deal

U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron , after oil major Exxon Mobil signaled a potential counter offer for Hess's Guyana assets.

Other symbols: HES
11 days ago - Reuters

A Series Of Uncommon Events Threatens Chevron Buyout Of Hess

ExxonMobil XOM took the step of filing for arbitration before the International Chamber of Commerce in Paris Wednesday to secure its claim to pre-emption rights in the prolific Stabroek field offshore...

Other symbols: HES
11 days ago - Forbes

Chevron's $53 Billion Deal to Acquire Hess Under Renewed Pressure From Exxon

Exxon Senior Vice President Neil Chapman told a Morgan Stanley conference on Wednesday, that the company has filed arbitration with the International Chamber of Commerce.

Other symbols: HESXOM
11 days ago - Barrons

Exxon could make a bid for Hess' oil assets in Guyana if Chevron deal terminates

Exxon filed for arbitration at the International Chamber of Commerce in Paris Wednesday to adjudicate the dispute with Chevron over Hess' Guyana assets.

Other symbols: HESXOM
12 days ago - CNBC

Investment advisor: Consol Energy stock is a buy, Chevron is not

In the latest installment of Yahoo Finance's Good Buy or Goodbye, Kace Capital Advisors Managing Partner Kenny Polcari joins Julie Hyman to discuss which energy stocks he is — and isn't — seeing oppor...

Other symbols: CEIX
12 days ago - Yahoo Finance

Exxon Files for Arbitration Over Chevron's Deal for Hess

Dispute involving a stake in an oil project in Guyana intensifies, threatening to scuttle Chevron's $53 billion deal to buy Hess.

Other symbols: HESXOM
12 days ago - WSJ

Chevron Plant Closures Show Clean Fuel's Tough Economics

The biodiesel business has been hurt by falling prices for government-controlled credits.

12 days ago - Barrons

Bunge Chevron Ag Renewables to Build New Oilseed Processing Plant in Destrehan, Louisiana

ST. LOUIS & SAN RAMON, Calif.--(BUSINESS WIRE)--Bunge (NYSE:BG) and Chevron (NYSE: CVX) today announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC ...

Other symbols: BG
14 days ago - Business Wire

Chevron idles two US Midwest biodiesel plants as profits slip

Chevron has indefinitely idled two biodiesel production facilities in the U.S. Midwest, the company confirmed on Friday, citing poor market conditions.

17 days ago - Reuters

Chevron announces its first solar-to-hydrogen production project in California's Central Valley

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron New Energies, a division of Chevron U.S.A. Inc., announced it is developing a 5-megawatt hydrogen production project in California's Central Valley. The pro...

18 days ago - Business Wire

Exxon's curveball move in Guyana alters Chevron-Hess deal prospects

Exxon Mobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enl...

Other symbols: HESXOM
19 days ago - Reuters

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
20 days 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
20 days 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
20 days 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
20 days 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
20 days 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
20 days 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
20 days ago - Forbes