(CVX) Chevron - Overview

Sector: Energy | Industry: Oil & Gas Integrated | Exchange: NYSE (USA) | Market Cap: 390.592m USD | Total Return: 48.4% in 12m

Crude Oil, Natural Gas, Refined Petroleum, Petrochemicals, Renewable Fuels
Total Rating 49
Safety 72
Buy Signal 0.52
Oil & Gas Integrated
Industry Rotation: +24.1
Market Cap: 391B
Avg Turnover: 1.95B
Risk 3d forecast
Volatility21.1%
VaR 5th Pctl3.82%
VaR vs Median10.0%
Reward TTM
Sharpe Ratio1.74
Rel. Str. IBD77.7
Rel. Str. Peer Group17.5
Character TTM
Beta0.529
Beta Downside0.921
Hurst Exponent0.450
Drawdowns 3y
Max DD20.64%
CAGR/Max DD0.62
CAGR/Mean DD1.82
EPS (Earnings per Share) EPS (Earnings per Share) of CVX over the last years for every Quarter: "2021-03": 0.9, "2021-06": 1.71, "2021-09": 2.96, "2021-12": 2.56, "2022-03": 3.36, "2022-06": 5.82, "2022-09": 5.56, "2022-12": 4.09, "2023-03": 3.55, "2023-06": 3.08, "2023-09": 3.05, "2023-12": 3.45, "2024-03": 2.93, "2024-06": 2.55, "2024-09": 2.51, "2024-12": 2.06, "2025-03": 2.18, "2025-06": 1.77, "2025-09": 1.85, "2025-12": 1.52, "2026-03": 1.41,
EPS CAGR: -31.48%
EPS Trend: -96.2%
Last SUE: 2.38
Qual. Beats: 1
Revenue Revenue of CVX over the last years for every Quarter: 2021-03: 31076, 2021-06: 36117, 2021-09: 42552, 2021-12: 45861, 2022-03: 52314, 2022-06: 65372, 2022-09: 63508, 2022-12: 54523, 2023-03: 48842, 2023-06: 47216, 2023-09: 51922, 2023-12: 48933, 2024-03: 46580, 2024-06: 49574, 2024-09: 48926, 2024-12: 48334, 2025-03: 46101, 2025-06: 44375, 2025-09: 48169, 2025-12: 45787, 2026-03: 47556,
Rev. CAGR: -8.13%
Rev. Trend: -74.7%
Last SUE: -2.76
Qual. Beats: -1

Warnings

Extended 1w

Tailwinds

Tailwind, Pullback 52w, Confidence

Description: CVX Chevron

Chevron Corporation (CVX) is a global integrated energy firm headquartered in Houston, Texas. The company operates across the entire hydrocarbon value chain, organized into Upstream and Downstream segments, alongside specialized corporate functions. Its Upstream activities focus on the exploration, production, and transport of crude oil and natural gas, while its Downstream operations manage refining, chemical manufacturing, and the marketing of finished lubricants and fuels.

As an integrated oil and gas major, Chevron mitigates commodity price volatility by balancing upstream production profits with downstream refining margins. The business model increasingly incorporates carbon capture and renewable fuel manufacturing to address evolving global energy standards. The company maintains a geographically diverse asset base with significant operations across six continents.

Investors can further evaluate these operational segments and financial health indicators on ValueRay. Founded in 1879, Chevron remains a central player in the global energy infrastructure, managing complex logistics via pipeline, marine, and rail networks.

Headlines to Watch Out For
  • Global crude oil and natural gas price fluctuations dictate upstream profit margins
  • Production growth in Permian Basin and TCO projects drives future cash flow
  • Refining margins and chemical demand cycles impact downstream segment earnings performance
  • Regulatory shifts and carbon capture investments influence long-term capital allocation strategy
  • Success of pending Hess acquisition expansion determines production and reserve growth trajectory
Piotroski VR‑10 (Strict) 4.0
Net Income: 11.01b TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.26 > 1.0
NWC/Revenue: 2.14% < 20% (prev 1.49%; Δ 0.65% < -1%)
CFO/TA 0.09 > 3% & CFO 31.07b > Net Income 11.01b
Net Debt (40.10b) to EBITDA (40.44b): 0.99 < 3
Current Ratio: 1.09 > 1.5 & < 3
Outstanding Shares: last quarter (1.99b) vs 12m ago 13.39% < -2%
Gross Margin: 25.43% > 18% (prev 0.29%; Δ 2.51k% > 0.5%)
Asset Turnover: 63.45% > 50% (prev 75.25%; Δ -11.80% > 0%)
Interest Coverage Ratio: 13.63 > 6 (EBITDA TTM 40.44b / Interest Expense TTM 1.35b)
Altman Z'' 4.04
A: 0.01 (Total Current Assets 46.16b - Total Current Liabilities 42.18b) / Total Assets 329.55b
B: 0.62 (Retained Earnings 204.04b / Total Assets 329.55b)
C: 0.06 (EBIT TTM 18.41b / Avg Total Assets 292.97b)
D: 1.45 (Book Value of Equity 203.28b / Total Liabilities 140.18b)
Altman-Z'' Score: 4.04 = AA
Beneish M -4.00
DSRI: 1.34 (Receivables 25.26b/19.56b, Revenue 185.89b/192.94b)
GMI: 1.13 (GM 25.43% / 28.79%)
AQI: -1.74 (AQ_t -0.47 / AQ_t-1 0.27)
SGI: 0.96 (Revenue 185.89b / 192.94b)
TATA: -0.06 (NI 11.01b - CFO 31.07b) / TA 329.55b)
Beneish M-Score: -4.34 (Cap -4..+1) = AAA
What is the price of CVX shares? As of May 20, 2026, the stock is trading at USD 197.25 with a total of 11,809,789 shares traded.
Over the past week, the price has changed by +7.05%, over one month by +8.63%, over three months by +7.73% and over the past year by +48.39%.
Is CVX a buy, sell or hold? Chevron has received a consensus analysts rating of 3.88. Therefore, it is recommended to buy CVX.
  • StrongBuy: 9
  • Buy: 6
  • Hold: 9
  • Sell: 0
  • StrongSell: 1
What are the forecasts/targets for the CVX price?
Analysts Target Price 214.7 8.8%
Chevron (CVX) - Fundamental Data Overview as of 20 May 2026
P/E Trailing = 34.1078
P/E Forward = 14.1443
P/S = 2.1029
P/B = 2.0717
P/EG = 0.8364
Revenue TTM = 185.89b USD
EBIT TTM = 18.41b USD
EBITDA TTM = 40.44b USD
Long Term Debt = 39.60b USD (from longTermDebt, last quarter)
Short Term Debt = 5.83b USD (from shortTermDebt, last quarter)
Debt = 45.43b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 40.10b USD (from netDebt column, last quarter)
Enterprise Value = 430.70b USD (390.59b + Debt 45.43b - CCE 5.32b)
Interest Coverage Ratio = 13.63 (Ebit TTM 18.41b / Interest Expense TTM 1.35b)
EV/FCF = 32.21x (Enterprise Value 430.70b / FCF TTM 13.37b)
FCF Yield = 3.10% (FCF TTM 13.37b / Enterprise Value 430.70b)
FCF Margin = 7.19% (FCF TTM 13.37b / Revenue TTM 185.89b)
Net Margin = 5.92% (Net Income TTM 11.01b / Revenue TTM 185.89b)
Gross Margin = 25.43% ((Revenue TTM 185.89b - Cost of Revenue TTM 138.62b) / Revenue TTM)
Gross Margin QoQ = 9.58% (prev 31.79%)
Tobins Q-Ratio = 1.31 (Enterprise Value 430.70b / Total Assets 329.55b)
Interest Expense / Debt = 0.76% (Interest Expense 345.0m / Debt 45.43b)
Taxrate = 41.89% (1.65b / 3.95b)
NOPAT = 10.70b (EBIT 18.41b * (1 - 41.89%))
Current Ratio = 1.09 (Total Current Assets 46.16b / Total Current Liabilities 42.18b)
Debt / Equity = 0.25 (Debt 45.43b / totalStockholderEquity, last quarter 183.72b)
Debt / EBITDA = 0.99 (Net Debt 40.10b / EBITDA 40.44b)
Debt / FCF = 3.00 (Net Debt 40.10b / FCF TTM 13.37b)
Total Stockholder Equity = 176.61b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.76% (Net Income 11.01b / Total Assets 329.55b)
RoE = 6.23% (Net Income TTM 11.01b / Total Stockholder Equity 176.61b)
RoCE = 8.51% (EBIT 18.41b / Capital Employed (Equity 176.61b + L.T.Debt 39.60b))
RoIC = 4.96% (NOPAT 10.70b / Invested Capital 215.54b)
WACC = 7.07% (E(390.59b)/V(436.02b) * Re(7.84%) + D(45.43b)/V(436.02b) * Rd(0.76%) * (1-Tc(0.42)))
Discount Rate = 7.84% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: 2.22 | Cagr: 2.76%
[DCF] Terminal Value 79.24% ; FCFF base≈13.48b ; Y1≈11.07b ; Y5≈7.93b
[DCF] Fair Price = 70.30 (EV 180.11b - Net Debt 40.10b = Equity 140.00b / Shares 1.99b; r=7.07% [WACC]; 5y FCF grow -21.46% → 3.0% )
EPS Correlation: -96.19 | EPS CAGR: -31.48% | SUE: 2.38 | # QB: 1
Revenue Correlation: -74.67 | Revenue CAGR: -8.13% | SUE: -2.76 | # QB: -1
EPS current Quarter (2026-06-30): EPS=4.94 | Chg30d=+32.62% | Revisions=+47% | Analysts=16
EPS next Quarter (2026-09-30): EPS=4.14 | Chg30d=+27.25% | Revisions=+58% | Analysts=16
EPS current Year (2026-12-31): EPS=13.80 | Chg30d=+27.16% | Revisions=+46% | GrowthEPS=+89.2% | GrowthRev=+18.7%
EPS next Year (2027-12-31): EPS=12.17 | Chg30d=+10.36% | Revisions=+54% | GrowthEPS=-11.8% | GrowthRev=-7.7%
[Analyst] Revisions Ratio: +58%