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

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Historical Prices for Chevron

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Chevron Analyst Data

Total Analysts: 89

Buy Ratings: 55 Neutral Ratings: 32 Sell Ratings: 2

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

Price *Price Target

Lowest: 120.00 Median: 185.66 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
01/08/24Jefferies & Company Inc.Upgraded to Buy$184gut
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

Chevron Estimates* in USD

2024202520262027
Revenue199,031199,870210,109205,240
Dividend6.436.827.308.22
Dividend Yield (in %)4.34 %4.60 %4.93 %5.55 %
EPS12.9214.0614.9012.27
P/E Ratio11.4610.549.9412.07
EBIT33,59135,55638,38729,482
EBITDA53,32258,61362,36650,042
Net Profit24,78427,60428,01721,855
Net Profit Adjusted24,65527,43927,92621,819
Pre-Tax Profit34,11936,31337,24829,718
Net Profit (Adjusted)36,05235,231--
EPS (Non-GAAP) ex. SOE12.9214.1515.2212.27
EPS (GAAP)12.5614.0314.6612.29
Gross Income94,53391,823--
Cash Flow from Investing-14,681-11,087--
Cash Flow from Operations41,26246,26349,29741,851
Cash Flow from Financing-25,762-26,291-21,218-16,757
Cash Flow per Share21.6323.9124.2723.65
Free Cash Flow23,71428,02730,68425,193
Free Cash Flow per Share12.4915.8516.4616.03
Book Value per Share95.3897.0190.5092.70
Net Debt20,89424,15223,87111,939
Research & Development Exp.----
Capital Expenditure17,98719,29218,75318,414
Selling, General & Admin. Exp.3,4163,4965,9106,260
Shareholder’s Equity198,915195,940214,326207,001
Total Assets302,969300,806326,318327,039
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 Analysts2017172720
Average Estimate3.198 USD2.992 USD3.043 USD12.922 USD14.056 USD
Year Ago4.090 USD3.550 USD3.080 USD-12.922 USD
Publish Date2/2/20244/26/20247/26/2024--
Revenue Estimates
No. of Analysts1110101816
Average Estimate50,926 USD48,847 USD49,532 USD199,031 USD199,870 USD
Year Ago54,523 USD50,793 USD48,896 USD-199,031 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
Wirth Michael K12/17/20231,442.0024,662.00149.68Sell No
MORRIS RHONDA J12/17/202374.004,102.00149.68Sell No
MORRIS RHONDA J12/17/202334.004,102.00149.68Sell No
MORRIS RHONDA J12/17/202334.004,102.00149.68Sell No
MORRIS RHONDA J12/17/202341.004,102.00149.68Sell No
Breber Pierre R12/17/2023366.006,140.00149.68Sell No
NELSON MARK A12/17/2023366.008,841.00149.68Sell No
GUSTAVSON JEFF B12/17/202343.002,307.00149.68Sell No
HEARNE ANDREW NIGEL12/17/2023151.008,002.00149.68Sell No
GUSTAVSON JEFF B12/17/202385.002,307.00149.68Sell No
GUSTAVSON JEFF B12/17/202360.002,307.00149.68Sell No
GUSTAVSON JEFF B12/17/202369.002,307.00149.68Sell No
HEARNE ANDREW NIGEL12/17/2023276.008,002.00149.68Sell No
HEARNE ANDREW NIGEL12/17/2023264.008,002.00149.68Sell No
HEARNE ANDREW NIGEL12/17/202354.008,002.00149.68Sell No
Knowles Alana K12/17/202381.001,392.00149.68Sell No
Pate R. Hewitt12/17/2023315.006,131.00149.68Sell No
Wirth Michael K12/17/20231,442.0026,104.00n/aBuy No
MORRIS RHONDA J12/17/202334.004,136.00n/aBuy No
MORRIS RHONDA J12/17/202374.004,176.00n/aBuy No
MORRIS RHONDA J12/17/202334.004,136.00n/aBuy No
MORRIS RHONDA J12/17/202341.004,143.00n/aBuy No
NELSON MARK A12/17/2023366.009,207.00n/aBuy No
HEARNE ANDREW NIGEL12/17/2023276.008,278.00n/aBuy No
HEARNE ANDREW NIGEL12/17/2023264.008,266.00n/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 Report3.198 USD Q4 2023 Earnings Release02/02/2024
Earnings Report2.992 USD Q1 2024 Earnings Release04/26/2024
Earnings Report3.043 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 ETF2.99
BlackRock Fund Advisors2.59
Vanguard 500 Index Fund2.28
SPDR Series - Energy Select Sector SPDR Fund2.26
BlackRock Institutional Trust Co. NA2.08
Geode Capital Management LLC1.80
Charles Schwab Investment Management, Inc.1.29
SPDR S&P 500 ETF Trust1.16
Fidelity 500 Index Fund1.10
Morgan Stanley Smith Barney LLC1.05
Capital Research & Management Co. (International Investors)0.92

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
Alice P. GastIndependent Director
Cynthia J. WarnerIndependent Director
John B. FrankIndependent Director
Marillyn A. HewsonIndependent Director
Debra L. Reed-KlagesIndependent Director
Dambisa F. MoyoIndependent Director
Donald James UmplebyIndependent Director
Charles Wick MoormanIndependent Director
Enrique HernandezIndependent 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

As an expert in the energy and financial sectors, I have extensive knowledge of the topics discussed in the provided article. My expertise spans areas such as oil and gas companies, financial analysis, stock market trends, and investor relations.

Analyzing Chevron's Stock and Financials:

The article provides a comprehensive overview of Chevron Corporation, a major player in the energy sector. Here are key points and concepts related to Chevron's stock, financials, and recent activities:

  1. Stock Performance and Analyst Ratings:

    • The article mentions Chevron's recent stock performance and includes a table of analyst ratings. Notably, there are buy, hold, and sell recommendations from various analysts, each accompanied by a target price.
  2. Financial Estimates:

    • Financial estimates for Chevron include revenue, dividend, earnings per share (EPS), price-to-earnings (P/E) ratio, EBITDA, net profit, and more. These estimates cover multiple years, providing a detailed view of the company's financial outlook.
  3. Insider Activity:

    • The article includes information about recent insider trading activities by key individuals within Chevron. This can be crucial information for investors, as insider transactions may indicate confidence or concern about the company's future.
  4. Dividend Calendar:

    • Chevron's dividend history is presented in a calendar format, showing dividend amounts and yields over the years. Dividend payments are an essential aspect for income-seeking investors.
  5. Earnings Calendar and Past Events:

    • The article provides an earnings calendar, detailing upcoming and past earnings releases. It also highlights the actual EPS (earnings per share) reported in a recent quarter, giving insights into Chevron's financial performance.
  6. Company Profile and History:

    • A brief history of Chevron Corporation is presented, covering its origins, mergers, acquisitions, and changes in stock symbols. Understanding the company's background is crucial for investors assessing its long-term prospects.
  7. Stock Price History:

    • The historical stock price performance of Chevron is discussed, including significant events such as mergers and market trends. This information helps investors understand the stock's volatility and potential for returns.
  8. Management Team and Shareholders:

    • The article provides information about Chevron's management team, including key executives and their roles. Additionally, it lists major shareholders and their ownership percentages, offering insights into the company's governance and ownership structure.
  9. Market Analyst Opinions:

    • The analyst opinions section summarizes recent recommendations and target prices from various financial institutions. This data is valuable for investors seeking external perspectives on Chevron's future performance.
  10. Financial Metrics and Ratios:

    • Various financial metrics and ratios are presented, including book value per share, net debt, research and development expenses, cash flow, and capital expenditures. These metrics provide a comprehensive view of Chevron's financial health and operational efficiency.

In summary, the article offers a well-rounded view of Chevron Corporation, covering its stock performance, financial metrics, insider activities, dividend history, and corporate history. Investors and analysts can use this information to make informed decisions about their involvement with Chevron.

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