Chevron Corporation (CVX)
| Market Cap | 304.92B |
| Revenue (ttm) | 198.87B |
| Net Income (ttm) | 20.30B |
| Shares Out | 1.84B |
| EPS (ttm) | 10.87 |
| PE Ratio | 15.22 |
| Forward PE | 12.66 |
| Dividend | $6.52 (3.94%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 4,868,880 |
| Open | 163.02 |
| Previous Close | 162.54 |
| Day's Range | 162.73 - 165.51 |
| 52-Week Range | 139.62 - 171.70 |
| Beta | 1.13 |
| Analysts | Buy |
| Price Target | 185.00 (+11.82%) |
| 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]
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 StatementsAnalyst Forecast
According to 19 analysts, the average rating for CVX stock is "Buy." The 12-month stock price forecast is $185.0, which is an increase of 11.82% from the latest price.
News
US competitiveness, security can be undermined by these policies, Chevron CEO warns
Chevron Chairman & CEO Mike Wirth sits down with FOX Business' Maria Bartiromo to discuss America's energy agenda, the demand for data centers and the regulatory environment.
Insurance firms deny Chevron's $57 million claim for Iran oil seizure
Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California.
Hess contests claims of inadequate disclosures in Chevron deal
Oil producer Hess on Tuesday said it disputes claims in several shareholder letters and at least two lawsuits alleging inadequate disclosures over its proposed sale to Chevron.
3 Stocks with High Dividend Yields that Warren Buffett Likes
#Morningstar #WarrenBuffet #StockInvesting The dividend yields on these stocks in Berkshire Hathway's portfolio are twice that of the market. 00:00 Introduction 00:37 Coca-Cola KO 01:13 Chevron CVX 0...
Chevron CEO reveals when US will see the 'end of the oil age'
Despite the oil and natural gas markets being riddled with "real concern," Chevron CEO Mike Wirth gives an optimistic argument for demand and production growth.
‘PAY ATTENTION': Big Oil boss warns over prices, market impact
Chevron Chairman and CEO Mike Wirth talks the Hess purchase, latest earnings, new oil production projects and the future of the natural gas market in a wide-ranging interview on 'Mornings with Maria.'
4 most active stocks on Dow Jones after US Fed kept interest rates unchanged
U.S. Federal Reserve left its benchmark overnight borrowing rate unchanged but kept hopes of rate cuts in the coming months alive on May 1st (read more). Here are the three most active stocks on Dow J...
Exxon, Chevron CEOs seek clear rules on US clean energy subsidies
Top executives at U.S. oil giants Exxon Mobil and Chevron Corp said on Monday that the U.S. needs to clarify rules on energy subsidies to drive the rapid, large-scale investments needed to fight clima...
Chevron CEO Mike Wirth on powering electric grids
Chevron CEO Mike Wirth joins ‘Money Movers' to discuss the geopolitical risk to the oil sector, natural gas demand, and supply concerns.
Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025
Exxon claims right of first refusal on Hess' assets in Guyana under an agreement that governs a consortium developing the country's oil resources.
Chevron CEO says natural gas demand will outpace expectations on data center electricity needs
Chevron CEO Mike Wirth says natural gas will play a key role in powering data centers as renewables still face challenges supplying peak demand.
Chevron CEO Mike Wirth: Demand for natural gas will be higher than expected
Chevron CEO Mike Wirth joins 'Money Movers' to discuss the geopolitical risk to the oil sector, natural gas demand, and supply concerns.
Chevron Pipe Line Company and American Aerospace Technologies to Fly Unmanned Aircraft in San Joaquin Valley
HOUSTON--(BUSINESS WIRE)--Chevron Pipe Line Company (CPL), a subsidiary of Chevron Corporation, and American Aerospace Technologies, Inc. (AATI) received a first-of-its-kind waiver from the U.S. Feder...
Final Trade: TRU, HD, CVX, DIS
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Why energy plays are for long-term investors
The energy sector (XLE) has continued to outperform throughout 2024. Alpine Saxon Woods Chief Market Strategist Sarah Hunt and CFRA Energy Equity Analyst and Deputy Research Director Stewart Glickman ...
Namibia's NAMCOR signs deal with Chevron to develop offshore block
Namibia's national oil company has signed a development deal with Chevron that will see the U.S. oil major take an 80% operating working interest in an offshore block in the Walvis Basin, it said on M...
Hess sets May 28 shareholder vote on Chevron buyout
Hess Corp set May 28 for a special meeting of shareholders to vote on Chevron Corp 's $53 billion buyout offer, the company said in a securities filing on Friday.
XOM, CVX Earnings: Weak Natural Gas Prices & Rising Expenses
Misses were driven by weak natural gas prices along with year-over-year refining margins, notes Neal Dingmann. He and Rohan Reddy discuss the takeaways from Exxon Mobil (XOM) and Chevron's (CVX) earni...
Earnings for Big Oil backpaddle as natgas prices tumble
U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago.
Exxon and Chevron stocks slide after missing earnings expectations
Shares of Exxon Mobil (XOM) and Chevron (CVX) are trading lower on Friday as both companies revealed a dip in first quarter revenue compared to the same period last year. However, both companies beat ...
Chevron CEO Mike Wirth on Q1 results: Highest first quarter production in company history
Chevron chairman and CEO Mike Wirth joins 'Squawk on the Street' to discuss the company's quarterly earnings results, state of the pending Hess acquisition, oil price trends, demand outlook, and more.
Chevron Posts Revenue, Profit Decline as Lower Natural Gas Prices Hit Margins
Chevron (CVX) on Friday reported first-quarter results roughly in line with analyst estimates, which predicted a decrease in revenue and profit from the same time last year.
Chevron beats earnings estimates, but profit falls on lower refining margins and natural gas prices
CNBC's Becky Quick reports on the company's quarterly earnings results.
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.
Simpson likes $COP and $MPC ‘a little better' than Chevron after its Q1 earnings
Chevron Corp is in focus this morning after coming in shy of revenue estimates for its fiscal first quarter. Kevin Simpson shares his view on Chevron stock The energy giant attributed the weakness to...