Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Chevron Corp (CVX)
NYSE:CVX
Chevron (CVX) Stock Price & Analysis
15,019 Followers
CVX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$138.11 - $168.08
Previous Close$156.4
Volume4.98M
Average Volume (3M)8.43M
Market Cap
$290.48B
Enterprise Value$304.06B
Total Cash (Recent Filing)$8.22B
Total Debt (Recent Filing)$20.84B
Price to Earnings (P/E)13.8
Beta0.72
Next Earnings
Apr 26, 2024EPS Estimate
$2.95Last Dividend Ex-Date
Feb 15, 2024Dividend Yield3.94%
Share Statistics
EPS (TTM)11.35
Shares Outstanding1,857,269,160
10 Day Avg. Volume7,627,937
30 Day Avg. Volume8,433,694
Standard Deviation0.10
R-Squared0.38
Alpha-0.00096
Financial Highlights & Ratios
Price to Book (P/B)1.86
Price to Sales (P/S)1.45
Price to Cash Flow (P/CF)5.80
P/FCF Ratio8.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.51
Enterprise Value/Gross Profit3.72
Enterprise Value/Ebitda6.34
Forecast
1Y Price Target
$185.20Price Target Upside17.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Chevron News
PremiumStock Analysis & Ideas
‘Load Up,’ Says Barclays About These 3 Energy Stocks
Bulls Say, Bears Say
Bulls Say
Environmental InitiativesChevron is advancing its commitment to sustainability by investing in renewable energy and undertaking projects like the Bayou Bend Carbon Capture and Storage hub.
Financial Performance And StrategyChevron's strong earnings profile and cash flows, supported by its efficient cost strategy, pave the way for sustained financial health.
Stock ValuationWith Chevron's share price currently underperforming compared to its peers, the stock presents a more favorable risk-reward balance for potential investors.
Bears Say
Acquisition ConcernsSince the S-4 filing related to the proposed acquisition of HES, the stock has underperformed peers by approximately 6% as investors are concerned about deal completion.
Financial Performance RisksThe HES deal may not result in annual net cash inflows for CVX until 2027, potentially affecting the company's financial performance.
Project Delays And Cost OverrunsAt the Tengiz oil field in Kazakhstan, Chevron now expects a delay in the start-up of the Future Growth Project until the first half of 2025, along with an increase in total project cost.
---
Ownership Overview
0.12% Insiders
19.44% Mutual Funds
21.17% Other Institutional Investors
59.27% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
CVX FAQ
What was Chevron Corp’s price range in the past 12 months?
Chevron Corp lowest stock price was $138.11 and its highest was $168.08 in the past 12 months.
What is Chevron Corp’s market cap?
Currently, no data Available
When is Chevron Corp’s upcoming earnings report date?
Chevron Corp’s upcoming earnings report date is Apr 26, 2024 which is in 7 days.
How were Chevron Corp’s earnings last quarter?
Chevron Corp released its earnings results on Feb 02, 2024. The company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.194 by $0.256.
Is Chevron Corp overvalued?
According to Wall Street analysts Chevron Corp’s price is currently Undervalued.
Does Chevron Corp pay dividends?
Chevron Corp pays a Quarterly dividend of $1.63 which represents an annual dividend yield of 3.94%. See more information on Chevron Corp dividends here
What is Chevron Corp’s EPS estimate?
Chevron Corp’s EPS estimate is $2.95.
How many shares outstanding does Chevron Corp have?
Chevron Corp has 1,857,269,200 shares outstanding.
What happened to Chevron Corp’s price movement after its last earnings report?
Chevron Corp reported an EPS of $3.45 in its last earnings report, beating expectations of $3.194. Following the earnings report the stock price went up 2.946%.
Which hedge fund is a major shareholder of Chevron Corp?
Among the largest hedge funds holding Chevron Corp’s share is Berkshire Hathaway Inc. It holds Chevron Corp’s shares valued at 19B.
---
Chevron Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$185.20 (17.54% Upside)
$185.20 (17.54% Upside)
Blogger Sentiment
Bullish
CVX Sentiment 95%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 16.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 0.2%
Last 30 Days ▲ 0.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-4.70%
12-Months-Change
Fundamentals
Return on Equity
13.35%
Trailing 12-Months
Asset Growth
1.52%
Trailing 12-Months
Company Description
Chevron Corp
Chevron Corp. engages in the provision of administrative, financial management, and technology support for energy and chemical operations. It operates through the Upstream and Downstream segments. The Upstream segment consists of exploration, development, and production of crude oil and natural gas; liquefaction, transportation, and regasification associated with liquefied natural gas; transporting crude oil by major international oil export pipelines; processing, transporting, storage, and marketing of natural gas; and a gas-to-liquids plant. The Downstream segment comprises refining of crude oil into petroleum products; marketing of crude oil and refined products; transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. The company was founded in 1906 and is headquartered in San Ramon, CA.
---
CVX Company Deck
---
CVX Earnings Call
Q4 2024
0:00 / 0:00
---
CVX Revenue Breakdown
76.70% Downstream
23.23% Upstream
0.07% Other
---
CVX Stock 12 Months Forecast
Average Price Target
$185.20
▲(17.54% Upside)
Technical Analysis
Best Analysts Covering CVX
1 Year
1 Year Success Rate
25/25 ratings generated profit
1 Year Average Return
+33.75%
reiterated a buy rating 3 months ago
Copying Doug Leggate's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +33.75% per trade.
---