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Chevron Corp CVX Stock Quote

| Rating as of

NYSE: CVX

Last close prices updated as of Jun 09, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 158.86
  • Sector Energy
  • Industry Oil & Gas Integrated
  • Investment Style Large Value
  • Day Range 158.62  –  160.39
  • Year Range 132.54  –  189.68
  • Market Cap 300.9831 Bil
  • Volume / Avg 6.7 Mil /  8.0 Mil
  • Price / Sales 1.32
  • Price / Book 1.89
  • Forward Div Yield 3.80%
  • Trailing Div Yield 3.69%

Morningstar‘s Stock Analysis CVX

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Chevron Earnings: Downstream Improvement Offsets Upstream Decline; Repurchase Rate Increased

Allen Good Director

Analyst Note

| Allen Good |

Chevron's first-quarter earnings exceeded market expectations with adjusted earnings of $6.7 billion compared with $6.5 billion a year before. A decline in upstream earnings from lower price realizations was more than offset from higher downstream earnings, thanks to stronger global refining margins, and lower corporate charges. Production fell to 2,979 thousand barrels of oil equivalent per day from 3,060 mboe/d the year before due to the Eagle Ford asset sale and contract expiration in Thailand, which offset Permian growth. Permian growth will be modest in the first half of the year, but will accelerate in the second half.

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Key Statistics CVX

Company Profile CVX

Business Description

Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with production of 3.0 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.7 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the U.S. and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2022 stood at 11.2 billion barrels of oil equivalent, including 6.1 billion barrels of liquids and 30.9 trillion cubic feet of natural gas.

Contact
6001 Bollinger Canyon Road
San Ramon, CA, 94583-2324
Sector Energy
Industry Oil & Gas Integrated
Employees 43,846

Related Articles CVX

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CVX’s competitive advantage.

Chevron Corp

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XNYS: XOM

BP PLC

XLON: BP.

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XPAR: TTE
Price
158.86107.39468.9054.95
Currency
USDUSDGBXEUR
Change
−$0.38 (0.24%) −$0.80 (0.74%) −$3.75 (0.79%) −$0.08 (0.15%)
Market Cap
300.98 Bil434.18 Bil8.21 Tril133.60 Bil
Industry
Oil & Gas Integrated Oil & Gas Integrated Oil & Gas Integrated Oil & Gas Integrated
Sector
Energy
Energy
Energy
Energy

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Chevron Corp Stock

Yes. CVX has a forward dividend yield of 3.80%. See CVX’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

CVX’s market cap is 300.98 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

CVX’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CVX’s price/sales is 1.32.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CVX’s price/forward earnings is 8.58.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CVX’s price/book is 1.89.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CVX’s valuation ratios compared to the Market Index.

CVX’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CVX’s historical performance against its industry peers and the overall market.