Chevron (CVX) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1667641005

Chevron Corp (NYSE:CVX) is a company involved in the energy and chemicals industry, operating globally. They have two main segments: Upstream, dealing with oil and gas exploration and production, as well as transportation and marketing, and Downstream, which focuses on refining crude oil into various products, marketing fuel and lubricants, and producing renewable fuels and petrochemicals.

Founded in 1879 and formerly known as ChevronTexaco Corporation, the company is headquartered in San Ramon, California. Their operations include liquefied natural gas activities, pipelines for oil transportation, and manufacturing plastic for industrial use among other services. For more information, you can visit their website at https://www.chevron.com.

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Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Chevron (CVX) - Stock Price & Dividends

CVX Stock Overview

Market Cap in USD 279,519m
Sector Energy
Industry Oil & Gas Integrated
GiC SubIndustry Integrated Oil & Gas
TER 0.00%
IPO / Inception 2001-10-19

CVX Stock Ratings

Fundamental 3.07
Dividend 7.12
Growth 5y 3.50
Rel. Performance vs Sector -0.85
Analysts 4.16
Fair Price Total Ret. 142.28
Fair Price DCF 99.47

CVX Dividends

Yield 12m 4.04%
Yield on Cost 5y 6.29%
Dividends CAGR 5y 4.88%
Payout Consistency 83.9%

CVX Growth Ratios

Growth 12m -2.10%
Growth Correlation 12m -19%
Growth Correlation 3m 43%
CAGR 5y 9.23%
CAGR / Mean Drawdown 0.73
Sharpe Ratio 12m -0.33
Alpha vs SP500 12m -32.16
Beta vs SP500 5y weekly 0.99
CAPM 7.98%
Average Daily Range 2m 1.75%
Regime Oscillator 60.04
Volatility GJR Garch 1y 22.71%
Price / SMA 50 2.61%
Price / SMA 200 0.42%
Current Volume 6715.7k
Average Volume 20d 8251.9k

External Links for CVX Stock

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What is the price of CVX stocks?
As of February 29, 2024, the stock is trading at USD 152.34 with a total of 6,715,745 shares traded.
Over the past week, the price has changed by -1.99%, over one month by +3.30%, over three months by +5.84% and over the past year by -2.56%.
Why is CVX stock down?
Check with which Index or Commodity CVX has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return CVX Return S&P 500
1 Month 3.30% 3.05%
3 Months 5.84% 11.73%
12 Months -2.56% 29.22%
What is the forecast for CVX stock price target?
According to ValueRays Forecast Model, CVX Chevron will be worth about 157.9 in February 2025. The stock is currently trading at 152.34. This means that the stock has a potential upside of +3.63%.
Issuer Forecast Upside
Wallstreet Target Price 176.9 16.1%
Analysts Target Price 178.2 17.0%
ValueRay Target Price 157.9 3.6%

Chevron Corporation: A Comprehensive Overview

Chevron Corporation (NYSE:CVX), with its roots dating back to 1879, stands as one of the world’s leading integrated energy companies. Known initially as Pacific Coast Oil Co., the company has grown through mergers and acquisitions, including the significant merger with Standard Oil Co. of California and Gulf Oil in the early and late 20th century, respectively. This has paved the way for Chevron to become a powerhouse in the energy sector.

The Core Business

Chevron's core business revolves around the exploration, production, and refining of oil and natural gas. It operates across various stages of the energy cycle, including upstream activities—such as exploration and extraction—and downstream processes, which involve refining crude oil into finished petroleum products. Chevron's operations span across multiple continents, showcasing its global footprint in the energy sector.

Side Businesses

Beyond its primary focus, Chevron has diversified its operations into several side businesses, notably:

  • Chemicals: Through its subsidiaries, Chevron Phillips Chemical Company LLC and others, it manufactures and markets chemical products for industrial, commercial, and consumer applications.
  • Alternative Energy: Chevron is investing in alternative and renewable energy technologies, including geothermal, solar, and biofuels, as part of its commitment to address climate change and reduce greenhouse gas emissions.
  • Technology Ventures: Chevron Technology Ventures champions innovation, commercialization, and integration of emerging technologies within the company.

Current Market Status

As of 2023, Chevron continues to play a significant role in the global energy market. Despite the challenges posed by fluctuating oil prices and the global movement towards sustainable energy, Chevron has shown resilience and adaptability. Notably, it has increased its investment in cleaner energy sources and cutting-edge technologies to reduce carbon emissions, positioning itself as a forward-thinking player in the energy sector. The company's commitment to sustainability, coupled with its strategic acquisitions and global presence, leaves it well-positioned for continued growth in the energy market.

The company's performance on the New York Stock Exchange (NYSE:CVX) is a testament to its financial health and investor confidence. Chevron's endeavors to maintain a balanced portfolio, with a mix of traditional energy operations and investments in renewable resources, illustrate its strategic approach to navigating the complexities of the global energy landscape.