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Chevron Corp (CVX)
NYSE:CVX
Chevron (CVX) Stock Price & Analysis
15,155 Followers
CVX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$138.11 - $168.08
Previous Close$162.85
Volume9.74M
Average Volume (3M)8.27M
Market Cap
$302.46B
Enterprise Value$316.04B
Total Cash (Recent Filing)$8.22B
Total Debt (Recent Filing)$20.84B
Price to Earnings (P/E)14.3
Beta0.72
Next Earnings
Jul 26, 2024EPS Estimate
$3.36Last Dividend Ex-Date
Feb 15, 2024Dividend Yield3.78%
Share Statistics
EPS (TTM)11.35
Shares Outstanding1,857,269,160
10 Day Avg. Volume7,296,488
30 Day Avg. Volume8,269,926
Standard Deviation0.10
R-Squared0.38
Alpha-0.00096
Financial Highlights & Ratios
Price to Book (P/B)1.94
Price to Sales (P/S)1.53
Price to Cash Flow (P/CF)6.10
P/FCF Ratio9.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.57
Enterprise Value/Gross Profit4.07
Enterprise Value/Ebitda6.58
Forecast
1Y Price Target
$185.20Price Target Upside11.64% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Chevron News
Bulls Say, Bears Say
Bulls Say
Earnings And Financial PerformanceChevron's strong earnings profile and cash flows, complemented by an efficient cost strategy, are expected to bolster its financial performance moving forward.
Environmental StrategyThe company's strategic projects, such as the Bayou Bend Carbon Capture and Storage hub, underscore its commitment to reducing greenhouse gas emissions and advancing a clean energy system.
Renewable Energy InvestmentChevron's recent investments in renewable energy, including the acquisition of Renewables Energy Group, position it as a leading producer of bio-based diesels in the United States.
Bears Say
Acquisition ConcernsInvestor concerns about the completion of Chevron's proposed acquisition of HES are high, after the stock underperformed peers by approximately 6% following the S-4 filing.
Production And Financial PerformanceChevron's Permian 4Q24 production guidance was below initial forecasts, suggesting possible risks to the company's future growth trajectory.
Project Delay And Cost OverrunChevron now expects a delay in the start-up of the Future Growth Project at the Tengiz oil field in Kazakhstan until the first half of 2025, with an increase in total project cost.
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Ownership Overview
0.12% Insiders
19.57% Mutual Funds
22.29% Other Institutional Investors
58.02% 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 $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 Jul 26, 2024 which is in 89 days.
How were Chevron Corp’s earnings last quarter?
Chevron Corp released its earnings results on Apr 26, 2024. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.01.
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 3.78%. See more information on Chevron Corp dividends here
What is Chevron Corp’s EPS estimate?
Chevron Corp’s EPS estimate is $3.36.
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 $2.93 in its last earnings report, beating expectations of $2.92. 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.
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Chevron Stock Smart Score
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$185.20 (11.64% Upside)
$185.20 (11.64% Upside)
Blogger Sentiment
Bullish
CVX Sentiment 95%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 16.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.85%
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.
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CVX Company Deck
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CVX Earnings Call
Q1 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 Months Forecast
Average Price Target
$185.20
▲(11.64% Upside)
Technical Analysis
Best Analysts Covering CVX
1 Year
1 Year Success Rate
25/25 ratings generated profit
1 Year Average Return
+34.35%
reiterated a buy rating 3 months ago
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