CVX - Chevron - Stock Price & Dividends

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

Crude Oil, Natural Gas, Petroleum Products, Petrochemicals, Fuels

Chevron Corporation is a multinational energy corporation that operates in the United States and globally, with a diverse range of activities in the energy and chemicals sectors.

The company's operations are divided into two main segments: Upstream and Downstream. The Upstream segment focuses on exploring, developing, and producing crude oil and natural gas, as well as processing, transporting, and storing these resources. This includes operating pipelines, liquefying and regasifying natural gas, and even capturing and storing carbon emissions. Additionally, Chevron has a gas-to-liquids plant that converts natural gas into liquid fuels.

The Downstream segment, on the other hand, is responsible for refining crude oil into various petroleum products, such as gasoline, diesel, and jet fuel. The company also markets and distributes these products, as well as lubricants and renewable fuels. Furthermore, Chevron manufactures and sells petrochemicals, plastics, and additives for industrial use. The company's logistics network includes pipelines, ships, trucks, and rail cars that transport crude oil and refined products.

With a rich history dating back to 1879, Chevron Corporation has undergone several transformations, including a name change from ChevronTexaco Corporation to its current name in 2005. Today, the company is headquartered in San Ramon, California, and operates globally, with a strong online presence at https://www.chevron.com.

Drawdown (Underwater) Chart

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

Overall Trend and Yearly Seasonality

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

CVX Stock Overview

Market Cap in USD 284,543m
Sector Energy
Industry Oil & Gas Integrated
GiC SubIndustry Integrated Oil & Gas
TER 0.00%
IPO / Inception 2001-10-19

CVX Stock Ratings

Growth 5y 40.2
Fundamental 40.8
Dividend 61.6
Rel. Performance vs Sector -0.07
Analysts 4.04/5
Fair Price Momentum 155.16 USD
Fair Price DCF 266.81 USD

CVX Dividends

Dividend Yield 12m 3.95%
Yield on Cost 5y 6.25%
Dividends CAGR 5y 4.88%
Payout Consistency 83.9%

CVX Growth Ratios

Growth 12m 4.48%
Growth Correlation 12m 16%
Growth Correlation 3m -41%
CAGR 5y 9.61%
CAGR/Mean DD 5y 0.73
Sharpe Ratio 12m -0.05
Alpha vs SP500 12m -18.43
Beta vs SP500 5y weekly 0.99
ValueRay RSI 69.08
Volatility GJR Garch 1y 18.34%
Price / SMA 50 0.95%
Price / SMA 200 4.81%
Current Volume 6427.7k
Average Volume 20d 7321k

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What is the price of CVX stocks?
As of July 21, 2024, the stock is trading at USD 159.15 with a total of 6,427,723 shares traded.
Over the past week, the price has changed by +2.29%, over one month by +1.60%, over three months by +0.47% and over the past year by +2.46%.
What are the forecast for CVX stock price target?
According to ValueRays Forecast Model, CVX Chevron will be worth about 171.8 in July 2025. The stock is currently trading at 159.15. This means that the stock has a potential upside of +7.95%.
Issuer Forecast Upside
Wallstreet Target Price 183.4 15.2
Analysts Target Price 178.2 12.0
ValueRay Target Price 171.8 7.95

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.