Chevron Stock Price | CVX Stock Quote, News, and History | Markets Insider (2024)

Chevron NewsMore News

Markets Insider Automation

Texaco hosts conference call for investors

TipRanks

Analysts Are Bullish on Top Energy Stocks: MEG Energy (MEGEF), Chevron (CVX)

InvestorPlace

Why These 3 Energy Stocks Should Be on Your Radar in 2024

RTTNews

Exxon Mobil Expects To Take Up To $2.6 Bln Writedown On California Assets

InvestorPlace

CPE Stock Alert: The $4.5 Billion Reason Callon Petroleum Is Up Today

Historical Prices for Chevron

Loading..
DateOpenCloseDaily HighDaily Low

Price change over selected period:0%0

Chevron Analyst Data

Total Analysts: 90

Buy Ratings: 55 Neutral Ratings: 33 Sell Ratings: 2

Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}

Price *Price Target

Lowest: 120.00 Median: 184.90 Highest: 215.00

*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Chevron Analyst Opinions

  • All
  • Buy
  • Hold
  • Sell
DateAnalystRatingPrice
12/14/23UBSMaintained Buy$185gut
11/14/23MizuhoMaintained Buy$195gut
11/02/23BernsteinUpgraded to Buy$182gut
10/30/23Bank of America Merrill LynchUpgraded to Buy$200gut
10/30/23Raymond James Financial, Inc.Maintained Buy$175gut
10/17/23Morgan StanleyMaintained Hold$201neutral
10/17/23BernsteinMaintained Hold$184neutral
10/04/23UBSMaintained Buy$210gut
10/02/23Morgan StanleyMaintained Hold$203neutral
09/18/23MizuhoMaintained Buy$215gut
08/18/23Morgan StanleyMaintained Hold$198neutral
08/17/23UBSMaintained Buy$209gut
08/16/23MizuhoUpgraded to Buygut
07/31/23Goldman SachsUpgraded to Buy$187gut
07/25/23Morgan StanleyMaintained Hold$197neutral
07/20/23UBSMaintained Buy$202gut
07/18/23Morgan StanleyMaintained Hold$197neutral
07/13/23Raymond James Financial, Inc.Maintained Buy$200gut
07/11/23MizuhoMaintained Hold$205neutral
07/11/23Citigroup Corp.Maintained Hold$170neutral
06/13/23Piper SandlerMaintained Buy$188gut
06/01/23RBC Capital MarketsUpgraded to Buy$180gut
05/31/23J.P. MorganUpgraded to Hold$170neutral
05/24/23MizuhoMaintained Hold$202neutral
05/23/23Morgan StanleyMaintained Hold$198neutral
05/23/23HSBCUpgraded to Buy$189gut
05/19/23MizuhoMaintained Hold$196neutral
04/19/23UBSMaintained Buy$212gut
04/14/23Raymond James Financial, Inc.Maintained Buy$208gut
04/11/23MizuhoMaintained Hold$206neutral
04/04/23Exane BNP ParibasUpgraded to Hold$200neutral
03/27/23Morgan StanleyMaintained Hold$192neutral
03/17/23MizuhoMaintained Hold$206neutral
03/02/23Wells Fargo & CoMaintained Buy$199gut
02/24/23Cowen and Company, LLCMaintained Buy$170gut
01/30/23Morgan StanleyMaintained Hold$195neutral
01/30/23Raymond James Financial, Inc.Maintained Buy$212gut
01/24/23Morgan StanleyMaintained Hold$197neutral
01/10/23Wells Fargo & CoMaintained Buy$202gut
01/10/23MizuhoDowngraded to Hold$200neutral
01/03/23Barclays CapitalMaintained Buy$212gut
12/19/22Piper SandlerMaintained Buy$199gut
12/14/22Exane BNP ParibasDowngraded to Sellschlecht
11/11/22Piper SandlerMaintained Buy$206gut
10/31/22Cowen and Company, LLCMaintained Buy$185gut
10/31/22Raymond James Financial, Inc.Maintained Buy$215gut
10/24/22HSBCDowngraded to Sell$177schlecht
10/20/22Raymond James Financial, Inc.Maintained Buy$188gut
10/19/22Morgan StanleyMaintained Hold$196neutral
09/12/22Piper SandlerMaintained Buy$190gut

Chevron Estimates* in USD

2024202520262027
Revenue197,265197,643198,307205,240
Dividend6.426.807.248.22
Dividend Yield (in %)4.27 %4.52 %4.82 %5.47 %
EPS13.9814.4614.6711.99
P/E Ratio10.7510.3910.2512.54
EBIT35,29234,57531,00127,580
EBITDA55,29457,99458,97648,472
Net Profit26,76027,35624,56921,435
Net Profit Adjusted26,79727,01224,54821,399
Pre-Tax Profit35,59134,72129,80127,816
Net Profit (Adjusted)36,11035,286--
EPS (Non-GAAP) ex. SOE13.9814.4614.6711.99
EPS (GAAP)13.1914.1814.4112.01
Gross Income94,63191,913--
Cash Flow from Investing-2,378-7,986-7,394-5,194
Cash Flow from Operations42,91945,45146,68941,089
Cash Flow from Financing-28,859-25,121-21,218-16,757
Cash Flow per Share22.59-22.7121.91
Free Cash Flow25,01127,62628,97325,222
Free Cash Flow per Share13.9415.8115.3813.03
Book Value per Share96.6398.6890.8093.20
Net Debt18,46320,7176,33414,368
Research & Development Exp.----
Capital Expenditure17,45618,34117,88518,385
Selling, General & Admin. Exp.2,5752,7955,9106,260
Shareholder’s Equity200,275197,377216,366208,685
Total Assets296,200293,417326,318327,039
Previous Quarter
ending 12/31/23
Current Quarter
ending 03/31/24
Next Quarter
ending 06/30/24
Current Year
ending 12/31/24
Next Year
ending 12/31/25
Earnings Estimates
No. of Analysts1817172617
Average Estimate3.418 USD3.427 USD3.468 USD13.983 USD14.462 USD
Year Ago4.090 USD3.550 USD3.080 USD-13.983 USD
Publish Date2/2/20244/26/20247/26/2024--
Revenue Estimates
No. of Analysts10991814
Average Estimate52,070 USD50,199 USD50,374 USD197,265 USD197,643 USD
Year Ago54,523 USD50,793 USD48,896 USD-197,265 USD
Publish Date2/2/20244/26/20247/26/2024--

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Chevron Insider Activity

NameDateshares tradedshares heldPricetype (sell/buy)option
Knowles Alana K12/17/202381.001,392.00149.68Sell No
Pate R. Hewitt12/17/2023315.006,131.00149.68Sell No
NELSON MARK A12/17/2023366.008,841.00149.68Sell No
Breber Pierre R12/17/2023366.006,140.00149.68Sell No
MORRIS RHONDA J12/17/202374.004,102.00149.68Sell No
MORRIS RHONDA J12/17/202341.004,102.00149.68Sell No
MORRIS RHONDA J12/17/202334.004,102.00149.68Sell No
MORRIS RHONDA J12/17/202334.004,102.00149.68Sell No
HEARNE ANDREW NIGEL12/17/2023276.008,002.00149.68Sell No
HEARNE ANDREW NIGEL12/17/2023264.008,002.00149.68Sell No
HEARNE ANDREW NIGEL12/17/2023151.008,002.00149.68Sell No
HEARNE ANDREW NIGEL12/17/202354.008,002.00149.68Sell No
GUSTAVSON JEFF B12/17/202343.002,307.00149.68Sell No
GUSTAVSON JEFF B12/17/202360.002,307.00149.68Sell No
GUSTAVSON JEFF B12/17/202369.002,307.00149.68Sell No
GUSTAVSON JEFF B12/17/202385.002,307.00149.68Sell No
Wirth Michael K12/17/20231,442.0024,662.00149.68Sell No
Knowles Alana K12/17/202381.001,473.00n/aBuy No
Pate R. Hewitt12/17/2023315.006,446.00n/aBuy No
NELSON MARK A12/17/2023366.009,207.00n/aBuy No
Breber Pierre R12/17/2023366.006,506.00n/aBuy No
MORRIS RHONDA J12/17/202374.004,176.00n/aBuy No
MORRIS RHONDA J12/17/202341.004,143.00n/aBuy No
MORRIS RHONDA J12/17/202334.004,136.00n/aBuy No
MORRIS RHONDA J12/17/202334.004,136.00n/aBuy No

Chevron Dividend Calendar

DateNameDividend*yieldCurrency
2022Chevron Corp.5.683.16USD
2021Chevron Corp.5.314.52USD
2020Chevron Corp.5.166.11USD
2019Chevron Corp.4.763.95USD
2018Chevron Corp.4.484.12USD
2017Chevron Corp.4.323.45USD
2016Chevron Corp.4.293.64USD
2015Chevron Corp.4.284.76USD
2014Chevron Corp.4.213.75USD
2013Chevron Corp.3.903.12USD
2012Chevron Corp.3.513.25USD
2011Chevron Corp.3.092.90USD
2010Chevron Corp.2.843.11USD
2009Chevron Corp.2.663.45USD
2008Chevron Corp.2.533.42USD
2007Chevron Corp.2.262.42USD
2006Chevron Corp.2.012.73USD
2005Chevron Corp.1.753.08USD
2004Chevron Corp.1.532.91USD
2003Chevron Corp.1.433.31USD
2002Chevron Corp.1.404.21USD
2001Chevron Corp.1.332.97USD
2000Chevron Corp.1.303.08USD
1999Chevron Corp.1.242.86USD

*Yield of the Respective Date

Chevron Corp. Calendar

EventEstimateInfoDate
Press Conference- 02/02/2024
Earnings Report3.418 USD Q4 2023 Earnings Release02/02/2024
Earnings Report3.427 USD Q1 2024 Earnings Release04/26/2024
Earnings Report3.468 USD Q2 2024 Earnings Release07/26/2024
Earnings Report- Q3 2024 Earnings Release10/25/2024
Earnings Report- Q4 2024 Earnings Release01/31/2025

Chevron Corp. Past Events

EventActual EPSInfoDate
Earnings Report 3.050 USDQ3 2023 Earnings Release10/27/2023
Press Conference --10/27/2023
Press Conference --07/28/2023

Chevron Profile

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 the exploration, development, and production of crude oil and natural gas, the liquefaction, transportation, and regasification associated with liquefied natural gas, the transporting of crude oil by major international oil export pipelines, the processing, transporting, storage, and marketing of natural gas, and a gas-to-liquids plant. The Downstream segment consists of the refining of crude oil into petroleum products, the marketing of crude oil and refined products, the transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car, and the manufacturing and marketing of commodity petrochemicals and plastics for industrial uses and fuel & lubricant additives. The company was founded in 1906 and is headquartered in San Ramon, CA.

Chevron Stock Price History by Markets Insider

Chevron Corp.’s history began around the turn of the 19th and 20th century, when energy needs were on the rise and petroleum companies fueled the economy. It was still a long time before Chevron Corporation, as we know it today, came into being. At the beginning, there was Pacific Oil Co., one of many oil companies of the time, incorporated in 1879 and merging with another predecessor of Chevron, namely the Standard Oil Company, (California) in 1906. Due to issues with competition law, the federal government broke apart Standard Oil Company in 1911. This resulted in the emergence of several successor companies. Among others, Standard Oil Co. (California) was created, which would become Standard Oil Company of California (Socal) in 1926 and eventually Chevron. (read more)

The name “Chevron” had been used by the company as a popular brand since the 1930s. On March 5th, 1984, Socal took over Gulf Oil Corp. in a merger worth $13.3 billion. The legal name “Chevron Corporation” was born. The company became the largest refiner of the United States and dominated the market of gas liquids. By the end of 1984, Chevron stock price closed, adjusted for splits, at $7.81. The merger had positive effects on the business and CVX stock price was on the rise. On December 31st, 1986, Chevron stock price closed at $11.34, thus increasing by 45.20% year-over-year.

Chevron stock price continued to climb and peaked at $20.00 on August 20th, 1990. However, oversupply and recession brought bearish markets for the oil industry. Chevron stock price tumbled to $15.25 on March 2nd, 1992. Chevron overcame these difficulties by launching more and more international projects, seizing oil extraction opportunities in Kazakhstan, Nigeria, Angola, and the North Sea. Production amounting up to more than 1 million barrels a day, Chevron’s earnings reached an all-time high of $2.6 billion in 1996. In the 2000s, however, the company had to turn to more remote oil fields because extraction of oil became more and more difficult. Between 2002 and 2007, earnings were nearly $72 billion, but the company had to invest almost the same amount. The impressive success rate of 42% for exploration wells between 2002 and 2007 could not be matched by any of Chevron’s competitors.

Mergers and acquisitions have been an important factor throughout the company’s history. On October 9th, 2001, the $45 billion merger between Chevron and Texaco was approved, forming the ChevronTexaco Corp. The new company’s refining capacity of 2.4 million barrels per day and reserves of more than 11 billion barrels of oil made it the second largest U.S.-based energy company. It is since that time that Chevron’s stock began being traded under the ticker symbol “CVX” at NYSE, the old “CHV” stocks being exchanged 1:1.

The year 2005 brought not only the acquisition of Unocal Corp. for $18.4 billion on August 10th, 2005, but also a name change. The company has been bearing the name of Chevron Corporation ever since. This merger reinforced Chevron’s market position. Upon the end of trading on the day of the merger, CVX stock was worth $62.48. In subsequent years, Chevron stock price has been through the roof.

Chevron joined the Dow Jones Industrial Average in 2008. It was the first change to the blue-chip stock index in almost four years.

Today, Chevron is among the leaders in its peer group, although 2016 ended on a net loss of $431 million, while revenues amounted to $110.2 billion. However, the dividend of $4.29 in 2016 and a recent surge in Chevron stock price are positive indicators for analysts. Chevron stock price rocketed by 37.6% within two years, climbing from $87.28 on December 7th, 2015, to $119.63 on December 7th, 2017. Future energy demand will be much higher than today’s. Therefore, Chevron stock remains a highly interesting investment opportunity of energy stocks.

Moody’s Daily Credit Risk Score

Risk

  • Low
  • Medium
  • High

3

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Chevron Shareholder

Ownerin %
Freefloat99.97
Vanguard Group, Inc. (Subfiler)8.21
State Street Corp.6.59
Berkshire Hathaway, Inc.5.86
Vanguard Total Stock Market ETF2.95
BlackRock Fund Advisors2.59
Vanguard 500 Index Fund2.28
BlackRock Institutional Trust Co. NA2.08
Geode Capital Management LLC1.80
Charles Schwab Investment Management, Inc.1.29
Fidelity 500 Index Fund1.10
Morgan Stanley Smith Barney LLC1.05
Capital Research & Management Co. (International Investors)0.92
Norges Bank (13F)0.91
JPMorgan Investment Management, Inc.0.84

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Chevron Management

NameJob
Michael K. WirthChairman & Chief Executive Officer
David A. InchaustiChief Accounting Officer
Josetta JonesChief Diversity & Inclusion Officer
Pierre R. BreberChief Financial Officer & Vice President
Rhonda J. MorrisChief Human Resources Officer & Vice President
Eimear BonnerChief Technology Officer & Vice President
James William JohnsonExecutive Vice President & Senior Advisor
Nigel HearneExecutive Vice President-Oil, Products & Gas
Roderick GreenGeneral Manager-Investor Relations
Cynthia J. WarnerIndependent Director
Enrique HernandezIndependent Director
Dambisa F. MoyoIndependent Director
Alice P. GastIndependent Director
Charles Wick MoormanIndependent Director
Donald James UmplebyIndependent Director
John B. FrankIndependent Director
Marillyn A. HewsonIndependent Director
Debra L. Reed-KlagesIndependent Director
Jon Meade HuntsmanIndependent Director
Wanda M. AustinLead Independent Director
Bruce L. NiemeyerPresident, Americas Exploration & Production
Brant Thomas FishPresident-Downstream & Chemicals
Clay NeffPresident-International Exploration & Production
Kevin E. LuckePresident-Renewable Fuels & REG Business Unit
Mary A. FrancisSecretary & Chief Governance Officer
Navin MahajanTreasurer & Vice President
Mark A. NelsonVice Chairman, EVP-Strategy, Policy & Development
Alana K. KnowlesVice President & Controller
R. Hewitt PateVice President & General Counsel
Paul AntebiVice President & General Tax Counsel
Al WilliamsVice President-Corporate Affairs
Chris E. JablonskiVice President-Downstream, Technology & Services
Marissa BadenhorstVice President-Healthy, Safety & Environment
Jim GableVice President-Innovation
Jeff B. GustavsonVice President-Lower Carbon Energies
Colin E. ParfittVice President-Midstream
Kimberly S. McHughVice President-Rockies Business Unit
Balaji KrishnamurthyVice President-Strategy & Sustainability
Chevron Stock Price | CVX Stock Quote, News, and History | Markets Insider (2024)

FAQs

Chevron Stock Price | CVX Stock Quote, News, and History | Markets Insider? ›

Based on analysts offering 12 month price targets for CVX in the last 3 months. The average price target is $185.2 with a high estimate of $204 and a low estimate of $150.

What are analysts saying about Chevron stock? ›

Based on analysts offering 12 month price targets for CVX in the last 3 months. The average price target is $185.2 with a high estimate of $204 and a low estimate of $150.

Is Chevron a buy right now? ›

Is Chevron stock a Buy, Sell or Hold? Chevron stock has received a consensus rating of buy. The average rating score is Aa2 and is based on 53 buy ratings, 29 hold ratings, and 1 sell ratings.

Is Chevron over or undervalued? ›

Chevron Corporation - Hold

Valuation metrics show that Chevron Corporation may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of CVX, demonstrate its potential to outperform the market. It currently has a Growth Score of C.

What is the outlook for Chevron stock price? ›

Based on short-term price targets offered by 20 analysts, the average price target for Chevron comes to $180.70. The forecasts range from a low of $148.00 to a high of $203.00. The average price target represents an increase of 14.68% from the last closing price of $157.57.

Is Chevron a buy or sell? ›

Chevron has received a consensus rating of Moderate Buy. The company's average rating score is 2.74, and is based on 14 buy ratings, 5 hold ratings, and no sell ratings.

Is AMD a buy or sell? ›

Advanced Micro Devices, Inc. - Buy. Zacks' proprietary data indicates that Advanced Micro Devices, Inc. is currently rated as a Zacks Rank 2 and we are expecting an above average return from the AMD shares relative to the market in the next few months.

Is Chevron stock expected to go up? ›

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Chevron stock have an average target of 184.61, with a low estimate of 150 and a high estimate of 204. The average target predicts an increase of 13.36% from the current stock price of 162.85.

What will Chevron stock be in 5 years? ›

Chevron stock price stood at $160.00

According to the latest long-term forecast, Chevron price will hit $200 by the middle of 2026 and then $250 by the end of 2028. Chevron will rise to $300 within the year of 2030 and $350 in 2034.

What is the highest Chevron stock has ever been? ›

Chevron - 54 Year Stock Price History | CVX
  • The all-time high Chevron stock closing price was 178.78 on January 26, 2023.
  • The Chevron 52-week high stock price is 171.70, which is 5.4% above the current share price.
  • The Chevron 52-week low stock price is 139.62, which is 14.3% below the current share price.

Does Warren Buffett own Chevron stock? ›

Warren Buffett's company, Berkshire Hathaway (NYSE: BRK. A)(NYSE: BRK. B), recently revealed its latest stock transactions. One of its more notable purchases was shares of oil giant Chevron (NYSE: CVX).

Why is Warren Buffett buying Chevron stock? ›

Above all else, it's likely Buffett sees Chevron as a value play. Chevron has proven it can do well even when the prices for crude oil drop, noting in its fourth-quarterearnings callit can cover capital expenditures and dividends even if Brent crude drops to the low-$50 range.

How much did Warren Buffett invest in Chevron? ›

Where Warren Buffett is investing. In the last quarter of 2023, Berkshire Hathaway has increased its stake in Chevron by 18% to more than $18 billion, according to Forbes. The holding company also grew its stake in Occidental Petroleum by almost 9% to about $14.5 million.

What is the prediction for Chevron stock in 2025? ›

Chevron stock prediction for 1 year from now: $ 116.00 (-28.49%) Chevron stock forecast for 2025: $ 169.37 (4.60%) Chevron stock prediction for 2030: $ 212.11 (31.00%)

What country owns Chevron? ›

Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas.

How many times has Chevron stock split? ›

CVX Splits
Split dateSplit Ratio
Dec 11, 19731/2 Stock Split
Mar 11, 19811/2 Stock Split
Jun 13, 19941/2 Stock Split
Sep 13, 20041/2 Stock Split
1 more row

Is Chevron stock expected to rise? ›

Chevron Stock Forecast

The 18 analysts with 12-month price forecasts for Chevron stock have an average target of 184.61, with a low estimate of 150 and a high estimate of 204. The average target predicts an increase of 15.38% from the current stock price of 160.00.

Top Articles
Latest Posts
Article information

Author: Laurine Ryan

Last Updated:

Views: 6019

Rating: 4.7 / 5 (57 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Laurine Ryan

Birthday: 1994-12-23

Address: Suite 751 871 Lissette Throughway, West Kittie, NH 41603

Phone: +2366831109631

Job: Sales Producer

Hobby: Creative writing, Motor sports, Do it yourself, Skateboarding, Coffee roasting, Calligraphy, Stand-up comedy

Introduction: My name is Laurine Ryan, I am a adorable, fair, graceful, spotless, gorgeous, homely, cooperative person who loves writing and wants to share my knowledge and understanding with you.