Chevron Corporation (CVX)
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]
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 StatementsAnalyst 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.
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...

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

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...

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.

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.

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.

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

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.

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 ...

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...

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 ...

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 ...

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...

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.

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...

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...
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...
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.

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...

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...

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...

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 ...

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...

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...

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...