Chevron Corp Stock Today

CVX Stock  USD 155.41  0.14  0.09%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Chevron Corp is trading at 155.41 as of the 18th of March 2024; that is -0.09% down since the beginning of the trading day. The stock's open price was 155.55. Chevron Corp has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Chevron Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
19th of October 2001
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. Chevron Corporation was founded in 1879 and is based in San Ramon, California. Chevron Corp operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. The company has 1.86 B outstanding shares of which 51.74 M shares are currently shorted by investors with about 6.13 days to cover. More on Chevron Corp

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Chevron Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Chevron Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chevron Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Chevron Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chevron Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Chairman and CEOJohn Watson
Thematic Ideas
Showing 3 out of 4 themes
Old Names[Chevron Cert, Chevron Corp]
Business ConcentrationOil, Gas & Consumable Fuels, Oil & Gas Integrated, Energy, NYSE Composite, Dow Jones Industrial, SP 500 Index, SP 100 Index, SP 100, Dow Jones Oil, Dow Jones Composite, ARCA Oil, ARCA Institutional, ARCA Major Markets, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Baby Boomer Prospects, Impulse, Warren Buffett Holdings, Petroleum and Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Integrated, Energy (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Analysts covering Chevron Corp report their recommendations after researching Chevron Corp's financial statements, talking to executives and customers, or listening in on Chevron Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Chevron Corp. The Chevron consensus assessment is calculated by taking the average forecast from all of the analysts covering Chevron Corp.
Financial Strength
Based on the analysis of Chevron Corp's profitability, liquidity, and operating efficiency, Chevron Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Chevron Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.120.7681
Way Up
Pretty Stable
Gross Profit Margin0.160.1706
Notably Down
Slightly volatile
Total Current Liabilities25.7 B32.3 B
Significantly Down
Very volatile
Non Current Liabilities Total70.8 B67.4 B
Sufficiently Up
Slightly volatile
Total Assets171.8 B261.6 B
Way Down
Slightly volatile
Total Current Assets32.1 B41.1 B
Significantly Down
Very volatile
Total Cash From Operating Activities21.7 B35.6 B
Way Down
Pretty Stable
Chevron Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Chevron Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Chevron Corp's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Chevron Corp's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Chevron Corp's financial leverage. It provides some insight into what part of Chevron Corp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Chevron Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Chevron Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Chevron Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 26.07 B in debt with debt to equity (D/E) ratio of 0.15, which may show that the company is not taking advantage of profits from borrowing. Chevron Corp has a current ratio of 1.37, which is typical for the industry and considered as normal. Debt can assist Chevron Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Chevron Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Chevron Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chevron to invest in growth at high rates of return. When we think about Chevron Corp's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

21.68 Billion
Chevron Corp (CVX) is traded on New York Stock Exchange in USA. It is located in 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 and employs 45,600 people. Chevron Corp is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 288.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chevron Corp's market, we take the total number of its shares issued and multiply it by Chevron Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Chevron Corp runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 1.86 B outstanding shares of which 51.74 M shares are currently shorted by investors with about 6.13 days to cover. Chevron Corp has about 17.68 B in cash with 35.6 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.98.
Check Chevron Corp Probability Of Bankruptcy
Ownership Allocation
Chevron Corp holds a total of 1.86 Billion outstanding shares. Over half of Chevron Corp's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Chevron Corp. Please watch out for any change in the institutional holdings of Chevron Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Chevron Ownership Details

Chevron Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Chevron Corp jumping above the current price in 90 days from now is about 6.07%. The Chevron Corp probability density function shows the probability of Chevron Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Chevron Corp has a beta of 0.7202 suggesting as returns on the market go up, Chevron Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chevron Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0492, implying that it can generate a 0.0492 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 155.41HorizonTargetOdds Above 155.41
93.81%90 days
 155.41 
6.07%
Based on a normal probability distribution, the odds of Chevron Corp to move above the current price in 90 days from now is about 6.07 (This Chevron Corp probability density function shows the probability of Chevron Stock to fall within a particular range of prices over 90 days) .

Chevron Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Chevron Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Chevron Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Chevron Corp's value.
InstituionRecorded OnShares
Wells Fargo & Co2023-09-30
17.8 M
Bank Of New York Mellon Corp2023-09-30
16.2 M
Franklin Resources Inc2023-12-31
15.6 M
Capital World Investors2023-12-31
15.5 M
Ameriprise Financial Inc2023-09-30
14.8 M
Amundi2023-09-30
14.5 M
Amvescap Plc.2023-09-30
13.5 M
State Farm Mutual Automobile Ins Co2023-12-31
13.3 M
Dimensional Fund Advisors, Inc.2023-12-31
13.3 M
Vanguard Group Inc2023-09-30
161.9 M
Blackrock Inc2023-09-30
125.1 M
View Chevron Corp Diagnostics

Chevron Corp Historical Income Statement

Chevron Corp Income Statement is one of the three primary financial statements used for reporting Chevron's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Chevron Corp revenue and expense. Chevron Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Chevron Corp's Selling General Administrative is fairly stable compared to the past year. Gross Profit is likely to rise to about 48.4 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 12 B in 2024. View More Fundamentals

Chevron Stock Against Markets

Picking the right benchmark for Chevron Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Chevron Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Chevron Corp is critical whether you are bullish or bearish towards Chevron Corp at a given time. Please also check how Chevron Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Chevron Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Chevron Corp Corporate Directors

Chevron Corp corporate directors refer to members of a Chevron Corp board of directors. The board of directors generally takes responsibility for the Chevron Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Chevron Corp's board members must vote for the resolution. The Chevron Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Debra ReedKlagesIndependent DirectorProfile
Enrique HernandezIndependent DirectorProfile
John StumpfIndependent DirectorProfile
Wanda AustinIndependent DirectorProfile

How to buy Chevron Stock?

Before investing in Chevron Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Chevron Corp. To buy Chevron Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Chevron Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Chevron Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Chevron Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Chevron Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Chevron Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Already Invested in Chevron Corp?

The danger of trading Chevron Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Chevron Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Chevron Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chevron Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Chevron Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chevron Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chevron Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chevron Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chevron Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.64)
Dividend Share
6.04
Earnings Share
11.36
Revenue Per Share
104.004
Quarterly Revenue Growth
(0.15)
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chevron Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.