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Chevron Corp (CVX)
NYSE:CVX
Holding CVX?
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CVX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$135.37 - $171.70
Previous Close$143.41
Volume2.21M
Average Volume (3M)7.38M
Market Cap
$264.15B
Enterprise Value$282.49B
Total Cash (Recent Filing)$4.01B
Total Debt (Recent Filing)$23.18B
Price to Earnings (P/E)14.1
Beta0.63
Next Earnings
Oct 25, 2024EPS Estimate
$2.8Last Dividend Ex-Date
Aug 19, 2024Dividend Yield4.5%
Share Statistics
EPS (TTM)10.08
Shares Outstanding1,828,917,113
10 Day Avg. Volume8,133,581
30 Day Avg. Volume7,375,042
Standard Deviation0.10
R-Squared0.35
Alpha-0.00164
Financial Highlights & Ratios
Price to Book (P/B)1.65
Price to Sales (P/S)1.32
Price to Cash Flow (P/CF)10.20
P/FCF Ratio26.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.40
Enterprise Value/Gross Profit4.68
Enterprise Value/Ebitda6.11
Forecast
1Y Price Target
$179.00Price Target Upside23.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Chevron News
Bulls Say, Bears Say
Bulls Say
Exploration And GrowthExploration pipeline is expanding, with Chevron recently acquiring new exploration acreage in offshore Namibia, deepwater Angola, Equatorial Guinea, and Brazil.
Financial PerformanceChevron expects to increase the pace of buybacks to $4-4.75 billion in 3Q24, aiming for a total of $17.5 billion in buybacks for 2024.
Operational PerformancePermian outperformance with 2Q volumes better than expected at 884 mboe/d and raised 4Q24 exit-rate guidance by approximately 4.5% to 940 mboe/d.
Bears Say
EarningsEarnings missed consensus on weaker Upstream results, while Downstream missed on international margins.
ProductionOutages at Gorgon and Wheatstone prevented CVX from capitalizing on an uptick in international gas prices.
Project UncertaintyUncertainty remains around TCO project completion and ability to ramp given OPEC+ quotas, while investors may be hesitant to own the stock until HES resolution given a failed bid could result in an M&A overhang.
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Ownership Overview
0.12% Insiders
21.28% Mutual Funds
39.99% Other Institutional Investors
38.61% 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.
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CVX FAQ
What was Chevron Corp’s price range in the past 12 months?
Chevron Corp lowest stock price was $135.37 and its highest was $171.70 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 Oct 25, 2024 which is in 37 days.
How were Chevron Corp’s earnings last quarter?
Chevron Corp released its earnings results on Aug 02, 2024. The company reported $2.55 earnings per share for the quarter, missing the consensus estimate of $2.93 by -$0.38.
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 4.5%. See more information on Chevron Corp dividends here
What is Chevron Corp’s EPS estimate?
Chevron Corp’s EPS estimate is $2.8.
How many shares outstanding does Chevron Corp have?
Chevron Corp has 1,828,917,100 shares outstanding.
What happened to Chevron Corp’s price movement after its last earnings report?
Chevron Corp reported an EPS of $2.55 in its last earnings report, missing expectations of $2.93. Following the earnings report the stock price went down -2.67%.
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.
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Chevron Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$179.00 (23.94% Upside)
$179.00 (23.94% Upside)
Blogger Sentiment
Bullish
CVX Sentiment 98%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 3.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.13%
12-Months-Change
Fundamentals
Return on Equity
11.79%
Trailing 12-Months
Asset Growth
3.52%
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.
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CVX Company Deck
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CVX Earnings Call
Q2 2024
0:00 / 0:00
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CVX Revenue Breakdown
76.70% Downstream
23.23% Upstream
0.07% Other
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CVX Stock 12 Month Forecast
Average Price Target
$179.00
▲(23.94% Upside)
Technical Analysis
Best Analysts Covering CVX
1 Year
1 Year Success Rate
18/30 ratings generated profit
1 Year Average Return
+9.78%
assigned a buy rating 2 months ago
Copying Ryan Todd's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +9.78% per trade.
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